Price of olive oil expected to rise again as European crops feel the heat | TheBriefWire
Price of olive oil expected to rise again as European crops feel the heat
Published 4 August 2026 ยท europe
Farmers warn impact of high temperatures, drought and wildfires on range of foodstuffs means costs will increase Farmers across Europe are warning of a slump
Farmers warn impact of high temperatures, drought and wildfires on range of foodstuffs means costs will increase Farmers across Europe are warning of a slump in food production and rising prices as crops from maize to salads suffer as a result of extreme heat, drought and wildfires. Olive groves have also been hit as the climate crisis drives temperatures across the continent to fresh record highs, meaning the cost of olive oil โ already at elevated levels โ is expected to start rising again. Continue reading...
Published: August 4, 2026 โข 9:30 AM IST ยท Updated: August 4, 2026 โข 10:09 AM ISTBy TheBriefWire Editorial Team
Key points
Farmers warn impact of high temperatures, drought and wildfires on range of foodstuffs means costs will increase Farmers across Europe are warning of a slump in food production and rising prices as crops from maize to salads suffer as a result of extreme heat, drought and wildfires.
Olive groves have also been hit as the climate crisis drives temperatures across the continent to fresh record highs, meaning the cost of olive oil โ already at elevated levels โ is expected to start rising again.