-
Trump's secret plane swap triggers questions and confusion
-
Colombia scrambles to find survivors as quake kills 240
-
California calls Paramount's threat to leave state 'blackmail'
-
Ramsay-Peaty out of medals as Italy's Martinenghi wins European gold
-
PSG 'want to win everything', says Luis Enrique
-
AI firm Manus to resume 'independent' operations after China blocks Meta deal
-
Barred from elections, Russia's anti-war party vows to fight on
-
Caught between great powers: the cautionary tale of Manus
-
Jaissle states Newcastle ambition but urges patience
-
Heatwave hits evicted families sleeping rough in Rome
-
NBA star Cooper Flagg trading card a slam dunk for lucky buyer
-
US company stokes Greenland tensions by unloading drilling gear
-
ForumPay Expands Payment Infrastructure with New Card and Bank Transfer Acceptance Solution
-
Cambridge academic in plagiarism row publishes memoir
-
Oil prices higher, stocks flat ahead of inflation report
-
LeBron's Sixers hope to spoil Knicks party on NBA opening night
-
Orban-critic ex-judge becomes Hungary president after predecessor ouster
-
UK 'on course' to record warmest summer for second year in a row
-
US rights groups sue Trump over ICC sanctions
-
Spotify to launch badge identifying AI music
-
Sphere 3D Corp. (Nasdaq: ANY) Attracts 6.5% Stake from Turnaround Bitcoin-Mining Investor
-
New plastic treaty document criticised for weaker ambition
-
Oil prices lower, stocks higher as Hormuz doubts drag on
-
Hungary parliament approves Orban-critic judge as president
-
Colombia scrambles to find survivors as quake kills 181
-
Ebola outbreak in DR Congo kills more than 2,000
-
Colombia scrambles to find survivors as quake kills 169
-
ChargeAfter Powers BYLD Finance Expansion into Consumer Financing for Equipment Retailers
-
MEXC Report: 74.2% of Traditional Finance Users Have Shifted Their Trading Activity to Crypto Exchanges
-
MEXC Upgrades RealStocks With Three New Features to Enhance U.S. Stock Trading Experience
-
MEXC Lists DAPPOS (DOS) With $60,000 Worth of DOS and 10,000 USDT in Airdrop+ Rewards
-
Israel demolishes home of slain Palestinian involved in deadly West Bank clash
-
Jellyfish force shutdown of three reactors at French nuclear plant
-
Liverpool fans seek clarity on Bezos bid to buy stake
-
Hodgkinson, Werro sail through Euro 800m qualifying
-
Solar eclipse sparks scramble for protective glasses across Europe
-
Somali referee denied World Cup 'proud' to oversee UEFA Super Cup
-
Oil prices jump as US-Iran deal hopes falter
-
French newspapers target Google over AI summaries
-
Newly crowned world's best pastry chef stays true to artisan roots
-
Ebola death toll in DR Congo outbreak rises to more than 2,000
-
Johnson signs for Everton in McNeil swap deal
-
PrimeXBT Launches MT5 Cent Account for Beginners and Risk-Conscious Traders
-
Syria sentences Bashar al-Assad to death in absentia over atrocities
-
British sprinter Hunt chasing three more golds after winning 100m
-
Hong Kong's tech index plans expansion with AI and robotics themes
-
Ethiopia's Tigray rebel authorities condemn army drone strikes
-
The Infantino saga -- What they said
-
Too hot to live? French buyers rethink housing choices after heatwaves
-
Economic losses from natural disasters fall to $100 bn in first half of 2026: Swiss Re
'Stress test': Olive oil producers adapt to climate change
Olive oil producers are improving irrigation and seeking new varieties of olives to safeguard production as climate change upends harvests, causing prices of the staple of the Mediterranean diet to soar.
"Climate change is already a reality and we need to adapt to it," according to the executive director of the International Olive Council (IOC) Jaime Lillo.
He spoke at the opening of the three-day olive oil congress in Madrid which brings together 300 participants from around the globe.
The gathering came as the world's top olive oil producers, including Spain, Italy and Greece, have recorded an unprecedented drop in production over the past two years due to extreme drought and repeated heatwaves.
Global production of olive oil fell from 3.42 million tonnes in the 2021-2022 season to 2.57 million tonnes in 2022-2023, IOC figures show.
And according to data supplied by the organisation's 37 member states, it is set to fall again in 2023-2024 to 2.41 million tonnes.
This has caused prices to soar by between 50 percent and 70 percent over the past year, depending on the variety concerned.
Prices in Spain, which supplies around half of the world's olive oil, have tripled since 2021, to the dismay of consumers.
- 'Complex scenarios' -
Olive oil has been an essential part of the Mediterranean diet for thousands of years. Spaniards for instance use it to cook and to season fish, salads, vegetables and other dishes.
"The rise in prices has been a particularly demanding stress test for our sector. We have never experienced anything like this before," said Pedro Barato, the head of the Spanish Olive oil Interprofessional Organisation.
"We have to prepare ourselves for increasingly complex scenarios that will allow us to face up to the climate crisis," he added, likening the "turbulence" faced by olive producers to that experienced by the banking sector during the 2008 financial crisis.
The outlook is not encouraging.
Over 90 percent of the world's olive oil production comes from the Mediterranean basin.
The United Nations Intergovernmental Panel on Climate Change (IPCC) has said this region is warming 20-percent faster than the global average.
This situation could affect world production in the long term.
"We are facing a delicate situation" which implies "changing the way we treat trees and soil", said Georgios Koubouris, a researcher at the Greek Olive Institute.
"The olive tree is one of the plants best adapted to a dry climate. But in an extreme drought, it activates mechanisms to protect itself and no longer produce anything. To grow olives, you need a minimum amount of water," said Lillo.
- 'Find solutions' -
Among the possible solutions raised at the Madrid congress is genetic research.
In recent years hundreds of varieties of olive trees have been tested to identify the species best adapted to higher temperatures.
The goal is to find "varieties that need fewer hours of cold in winter and that are more resistant to stress caused by lack of water at certain key times" of the year, such as spring, said Juan Antonio Polo, head of technology at the IOC.
The sector is also looking to improve water use by storing rainwater, recycling wastewater and employing technology to use less water to irrigate trees.
This means abandoning "surface irrigation" and instead using "drip systems" which bring water "directly to the roots of the trees" to avoid water loss, said Kostas Chartzoulakis of the Greek Olive Institute.
Farmers are abandoning production in certain areas that could become unsuitable for olive trees because they are too dry and moving it to other regions.
There has been a rise in new olive tree plantations, although on a small scale, in regions previously not used to grow the crop, said Lillo, adding that he was "optimistic" about the future.
"With international cooperation, we will gradually find solutions," he said.
T.Bondarenko--BTB