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Exploring Cost Breakdowns -- The International Market of Olive Oil

Global starting stocks of olive oil are up 45% YOY with global production looks to be up 5% in the marketing year 11/12. The price of extra virgin olive oil in Milan (Italy) has fallen over 21% year on year. Price drops have been reported to be due mainly to increasing competition in the Italian market from the less expensive, plentiful Spanish olive oil supply.

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