However, achieving these figures depends on mild weather conditions. The absence of extreme temperatures and the presence of some rainfall are crucial. “ For this to happen, a stable weather pattern up to the harvest period, which is in four months is essential,” Giannoulis emphasized adding that “ high temperatures and drought are causing concern among producers.”
Regarding producer prices, Giannoulis highlighted a current decline. “ Compared to the historical highs of 9.5 euros per kilogram observed 3-4 months ago, the price has now decreased to 7 euros per kilogram for extra virgin olive oil” he said.
