Why Is Olive Oil So Expensive Right Now? Producers Weigh In
The whole olive oil industry is in flux this year, with soaring prices, global shortages, and an ever-increasing demand for the good stuff. So let’s talk about why is olive oil so expensive and if there’s any signs of prices going back down. As we were in Crete harvesting what little fruit was in Christina’s groves back in November, our phone rang from another producer, Marianna, in the Peloponnese. She was fighting back tears. We’d had chats throughout the season and we were aware the harve...