The Government locks away 188,000 tons of oil due to the surplus: relief among olive growers and fear that the price of the bottle will rise

The Spanish government has mandated the withdrawal of 12% of olive oil production to stabilize prices, a move that has divided the industry. While farmers welcome the decision, believing it will prevent losses and ensure stability, the bottling industry plans to challenge the measure in court. The withdrawal affects approximately 188,000 tons of oil, with farmers arguing it will help maintain prices above production costs. Critics, including industry representatives, argue that this intervention disrupts market dynamics and could disadvantage Spanish olive oil in international markets. Concerns also arise about potential price increases for consumers.