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MADRID, Sept 28 (Reuters) olive tree is like a camel, you don have to give it canada goose uk black friday much water, but when it thirsty, it really cheap Canada Goose has to drink, says olive oil producer Francisco Nuez de Prado of the drought that buy canada goose jacket could shrivel this year harvest to half of last year
Canada Goose Outlet Nuez de Prado estate in the country olive oil heart in Spain sun uk canada goose drenched Andalucia is expected to suffer a sharp fall in harvest this year. His has been saved to some extent thanks to Canada Goose online extensive irrigation, but other producers canada goose coats have seen not a single olive growing on their branches. Canada Goose Outlet
That has caused prices to spike, with consumers expected to pay more for the gold in coming months as supermarkets jack up prices.
canada goose coats on sale been a drought of biblical proportions, the worst since 1945, the of hunger for Spain, said Nuez de Prado, adding rainfall where his farm is located in the shadows of the Sierra Madre mountains canada goose clearance sale was the lowest since that year. canada goose coats on sale
buy canada goose jacket A lean harvest will be another blow for Spain, the euro zone fourth largest economy, which replaced Greece, Ireland and Portugal earlier this year as the main threat to the survival of the euro currency project. buy canada goose jacket
canadian goose jacket From 1943 uk canada goose outlet 1945 buy canada goose jacket cheap Spain suffered one of the worst droughts in its history. The drought canada goose after Spain Canada Goose Outlet exited a civil war in 1939 wrecked crops, dried the country then limited reservoirs, and forced restrictions canada goose black friday sale on electricity consumption. canadian goose jacket
Official data from Spain meteorological institute shows this year has been the second driest in 60 years, after 1994. That has canadian goose jacket especially hit the arid south in Andalucia, which produces around 80 percent of the country olive oil.
canada goose clearance This week it has begun to rain heavily in Andalucia, but analysts canada goose coats on sale say that consistent rainfall rather than two https://www.goosefrshop.com days of heavy downpours would be needed for the harvest to be much higher than currently forecast. canada goose clearance
Canada Goose online New irrigation systems and reservoirs in the country have alleviated the effect of the drought for some producers, but a harvest expected Canada Goose Coats On Sale to be around 800,000 tonnes, half of a bumper crop last year, has seen prices rocket by 50 percent since July. Canada Goose online
buy canada goose jacket cheap The higher cost is providing limited comfort for producers. buy canada goose jacket cheap
cheap Canada Goose Wholesale prices have nearly doubled to 2.4 euros a kilogram from around 1.6 euros ($2.06) in July, and edible oils analyst Oil World said they could well rise further in coming months in sharply reduced world production in 2012/2013. cheap Canada Goose
Yet the International Olive Council noted the rise comes after two years when prices have held at low levels and the jump has merely brought prices back to 2009 levels.
canada goose deals certain areas of our canada goose homme olive groves we have trees that have not one olive growing. We looking at production of about half of last year, so we not sure if the price rise will cover our costs, Francisco Va, a director at the Castillo de Canena olive grove that has been in the family since 1780, said. canada goose deals
He said that this year several factors including a very cold winter, the drought, and Canada Goose Parka the fact it was normal for a poor harvest to follow a good one as trees rested had combined Canada Goose Jackets to create a storm that could lead to bankruptcies among the smaller producers.
canada goose store RISE TO HIT SHOPS cheap canada goose uk EVENTUALLY A poor harvest had also not allowed many providers to invest in systems such as better irrigation and pruning that would allow for a better crop next harvest. could mean that we see a bad harvest in 2013 and 2014 too, Va warned. canada goose store
Canada Goose Parka He said the harvest would undoubtedly aid other providers in main olive oil producing Canada Goose sale rivals Greece and Italy. His firm sells around 95 percent of its produce to bulk buyers and 5 percent as a premium product to high end shops such as Harrod in London. Canada Goose Parka
Canada Goose Jackets But the silver lining for Spain Canada Goose Online was the fact that last year bumper crop would provide a major cushion for losses felt this year. Spain exports around 800,000 tonnes of olive oil each year and has around 700,000 tonnes in stock, covering all its exports and domestic needs. Canada Goose Jackets
canada goose black friday sale Supermarkets in Spain are yet to reflect the price rises, as producers struggle to convince retailers that canada goose store costs have risen at their canada goose uk outlet end. But prices will indeed rise both in and outside Spain with exports set to rise further this year. canada goose black friday sale
canada goose coats are undoubtedly going to rise, but I don think exporters will raise them a lot as they don want to cut market growth. If we see a rise, say from 2 euros a litre to 3 euros at home, that would not be a bad thing for the sector either, said Joaquin Garcia Romanillos, an analyst at Kepler Capital Markets. canada goose coats
canada goose He said retail prices under 2 euros per litre in Spain were below the canada goose clearance cost of production so a rise would help producers. canada goose
canada goose clearance sale Acesur, one of the largest producers in Spain based in Andalucia and known for its canada goose uk shop Espaola brand of olive oil, said the real problem now was trying to pass on the effect of the drought to supermarket chains and distributors. canada goose clearance sale
steep rise is not good for the sector, because now trying to convince distributors and exporters that the product is a lot more expensive is going to be very difficult. That the battle we have right now, said Acesur head Gonzalo Guillen. ($1 = 0.7775 euros) (Editing by Fiona Ortiz and James Jukwey) canada goose factory sale.