Olive Oil Leaves Portugal's Mills a Fifth Cheaper Than Last Year, but Shop Prices Have Barely Budged in 2026
Bulk extra virgin olive oil sold for 3.46 euros a kilo in mid-October, 19.5 percent less than a year earlier, and growers expect a bigger 2026/27 harvest. Shop prices are about a third below the 2024 peak, but most of that fall happened last year.