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Olive Oil prices soar

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wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
17/07/2010 10:41

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Message 1 of 9 in Discussion

Report out today that Olive Oil prices have already risen by 20% and are expected to soar further.



Reason......Greek producers are stockpiling it because of the state of their economy!





wyn



Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
17/07/2010 10:43

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Message 2 of 9 in Discussion

wyn its a nightmare, we only use italian oil but the prices are rising daily x



wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
17/07/2010 10:47

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Message 3 of 9 in Discussion

Lilli,



I thought that if Newlads posting is accurate, then when The TRNC water pipeline is operational (if we live long enough)



The TRNC people could hold up the water from the Greek South, because their economy is in a mess.



malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
17/07/2010 10:56

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Message 4 of 9 in Discussion

In the UK extra virgin olive oil is currently £5.89 per litre (15TL), what is it in TRNC?



LaptaGeezer


Joined: 01/06/2010
Posts: 407

Message Posted:
17/07/2010 17:31

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Message 5 of 9 in Discussion

I will have to harvest my olives this year then, and sell a few bottles locally.... put a few quid back in the coffers for a change!



Have always let local families have my olives to date...



LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
17/07/2010 18:01

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Message 6 of 9 in Discussion

is there a cooperative olive press where you can take a small quantity of olives (a few buckets full, we only have 3 trees) and they will press it into oil for you?



I noticed a press is Karsiyaka but don't know if they will do this.



dublinderm


Joined: 26/09/2009
Posts: 538

Message Posted:
17/07/2010 18:12

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Message 7 of 9 in Discussion

Bad news for Lilli.



The Ialians source up to 75% of their olives for oil production from Greece!



It became a bit of scandal in the late 1990s as the Italians were accused misleading consumers. I think it will take a bit more than that to scandalise us these days.



DD



yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
17/07/2010 18:33

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Message 8 of 9 in Discussion

msg 6,

Laptamike;

If you dont have enough to press,the mill owner will give you some oil instead.Not as much as you'd get from your olives may be but better then nothing.



LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
17/07/2010 18:35

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Message 9 of 9 in Discussion

yorgozlu, thanks for that. I thought that might be the case. It's fine by me. A bit of free olive oil is better than olives rotting on the trees.



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