Olive oil price surges, consider alternative oils
ABC News — April 26, 2024, 11:00 PM UTC
Summary: The price of olive oil has surged due to drought in Spain, with a 71% increase in the last year. Chef Kirsten Bacon suggests alternatives like sunflower oil ($0.65/100ml), coconut oil ($1.20/100ml), canola oil ($0.56/100ml), rice bran oil ($0.70/100ml), and sesame oil ($2-3/100ml). Australia's olive harvest is affected, with a good harvest not expected until 2025. International prices may decrease after Europe's harvest season.
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