Century-old olive trees felled as Spain's farmers try to cut costs

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Century-old olive trees felled as Spain's farmers try to cut costs

Written by Ashifa Kassam in Madrid

Plunge in global olive oil prices means hard decisions for Spanish olive oil producers

Century-old olive trees are being chopped up to use as firewood or sold off as garden ornaments as some in Spain’s olive oil industry turn to younger, more productive trees in hope of lowering costs.

In recent years the sector in Spain has been left reeling; a plunge in global olive oil prices was followed by a punishing 25% tariff levied by the US on Spanish olive oil. After prices sank to levels that left many struggling to break even, the industry has slowly recovered, though prices remain shy of 2018 levels.

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Surgery

Member
Location
Oxford
Omg they're struggling to break even. Hard life.
Let’s be honest they are probably getting an eu bung for taking them out.

can remember when subs came out they could claim on every tree , I think there was a fiddle or two going on so I’m not playing mine for them.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
Yes, Greek "farm" being six olive trees and a goat. "Against their cultural practices" I expect to do half a day's hard work. The Protestant Work Ethic And The Spirit Of Capitalism had it about right.
 

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