European Union: EU Olive Oil Production Update 2024

  |   Attaché Report (GAIN)   |   PO2024-0004
After two consecutive years of short olive oil production, MY 2024/25 olive oil output in the EU is expected to revert to average levels on good flowering conditions and a mild summer. Fall precipitation will be critical to final production volumes. The production recovery may permit the EU to become more active in export markets, rebuild decimated stocks, and increase domestic consumption.

Related Reports

Attaché Report (GAIN)

Australia: Grain and Feed Annual

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.
Attaché Report (GAIN)

Turkey: Turkish Government Intervenes in Lemon Exports

The Ministry of Trade temporarily banned lemon exports as of April 8, 2025, due to a predicted supply shortage following cold weather and frost damage in the southeast.
The European Parliament took an initial step to open market access for beet and oilseed planting seeds from Ukraine. The EU approved cereal planting seeds from Ukraine in 2020.