oil

A year ago the world’s largest olive oil company was clear that it was going to continue expensive. Now he has just shown up

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In 2022 deoleo, the largest marketer of olive oil in the world, He won 5.5 million euros of benefits. In 2023, lost 34. It is the best metaphor of the earthquake that the olive oil industry has lived in recent years. Above all, because we are not talking about a lost oil mill in Sierra Morena, we talk about the bottling brands such as Hojiblanca, Carbonell or Koipe. Therefore, if we are interested in olive oil, we must follow them closely. One year of transition. During 2023, drought, a short harvest and the increase in costs (derived from the situation in Ukraine, the inflationary scenario and high interest rates) caused a very serious problem in the oil. We know that well. The problem is that, although They themselves recognized that they had transferred “partial (mind) to customers the increase in prices experiments throughout the chain”, it had not been enough. And that deoleo was (at least, on paper) one of the marketers that More margins had for the ‘premium’ positioning of its brands. 2024 was, then, the year of transition. What happens is that ransition has been faster than anyone expected. In fact, I was not sure what was going to happen. And, at some point, they bet because prices They were going to stay up. His analysis said that if prices at origin did not fall sufficiently, the industry would have to contain the decrease of finalist prices (or expose to bankruptcy). That It is something that has happened: prices at origin have collapsed, while in supermarkets the descent is being very soft. However, with estimates that They tell us 1.4 million tons They have already realized that there is no way to contain the price in the medium term. Preparing for 2025. Hence Víctor Roig, general director in Spain of Deleo, has explained that “the logical thing is that this returns the price of the Aove to levels similar to those of 2021 and 2022, standing between three and four euros per liter.” In this context, the battle has begun to be another. Recover the oil culture. In the last decade, the consumption of olive oil It has been falling year after year. Crisis after crisis (and with the mediation of A deep cultural and gastronomic change), wide layers of the population have dropped from olive oil and the vast majority of them have not returned. It is true that demand has not fallen into that same proportion That prices have grown. But consumption has decreased 44.5% Less in the last three years and, following the previous logic, nobody knows if the industry will recover it. And if in recovering from the losses there was a short -term survival of the industry, in bringing all those consumers back is the future. Image | Vincent Eisfeld | Senate agency In Xataka | Spain faces its greatest agricultural challenge of the century: turn 1,901,529 hectares of olive grove before it is late

Spain will go from an opposite olive oil crisis in less than a year. The industry begins to see the ears to the wolf

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Two weeks. Two weeks of consecutive falls in the price of olive oil in origin have enough to put the entire sector on red alert. But … why? Wasn’t high prices They were also suffocating To the industry causing millionaire losses? What are low is also a problem? Let’s go in parts … how much has the price of oil dropped? As reported Agroinformationas of January 31, the average price in extra virgin olive oil was 4,275 euros/ton, in the virgin oil of 3,701 euros/ton and in the lampante of 3,452 euros/ton. That represents a fall of 3.20%, 6.80% and 2.80% respectively compared to last week and a 50.55% drop, 52.55% and 56.55% compared to the year past. And why is this a problem? Because, As we explained a few weeks agothe historical profitability limit for the traditional dry land olive tree is around four euros. If the low price of that figure, the farmers (dry) will not be able to cover the fixed costs. And this would not be a problem if it were not because more than two thirds of the Spanish olive grove is dry (1.913,531 hectares in front of 874,553 of irrigation). From a crisis to the opposite. It is curious because, in recent years, the situation has been the opposite: but the result is the same. The Olivareros de dryo did not have enough olive to compensate for fixed expenses – although the price was in the clouds. In addition, the distributors could not impact all the rise in the final prices (deoleo, the largest oil company in the world, owner of brands such as hojiblanca or carbonell, It was left 34.3 million euros in 2023). Isn’t it a bit weird? The truth is that no. In recent years, we have seen exactly the same problem with The lemons, The almonds either bananas. The olive grove has been relatively protected because it is a product with a limited international competition: what was not protected is of climate change. In fact, those who have been (those of irrigation who have not suffered cuts) have not had this problem. The irrigation has been the great beneficiary (or the least harmed) of these successive crises: they had more olives when prices were expensive and have less costs now than prices are low. Can the olive grove be saved? That is the big question. If the industry continues to hook financially complicated years, the problems can be increasing. Therefore, the Olivar tendency has been “go passing“To irrigation (or to ultraintensive models). There is no water for everyone. “The difficult thing is to have water because the Guadalquivir basin is already deficient, so there are no new concessions,” explained in DAP Diego BarrancoProfessor at the University of Córdoba. These concessions do have “historical plots of other crops that were always irrigated or the olive groves that emerged” directly as “irrigation”. However, transforming 1,901,529 hectares of olive groves before it is too late one of the most important agricultural challenges of the century. And it is not clear that we can do it. Image | Kostas Morfiris | Visual Karsa In Xataka | Spain faces the problem contrary to a year ago: an olive oil so cheap that it is no longer profitable for farmers

The Persian Gulf has dominated the long era of oil. Now he is preparing to lead the era of solar energy

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There is an increasingly more and more evident energy change, and even the countries we would never think are jumping to the renewable pool. Yes, I talk about the countries of the Persian Gulf. However, the tests are there: seven Chinese solar companies were generating more energy capacity than the world’s greatest oil companies. So, now, with their money and a lot of sun, everything indicates that they will give sorpasso. Wild investment. For very recently, Gulf countries have decided to invest in renewable projects. On the one hand, the United Arab Emirates They have announced a solar project 5.2 GW with a battery system, also betting on storage. On the other hand, Saudi Arabia is developing its energy transition plan through the Vision 2030 Plan. Recently, the Saudi Aramco oil giant has announced an agreement to start producing lithium in 2027. In addition, They are developing a plan to extract and enrich uranium For nuclear energy. Likewise, the Saudi country is carrying out different solar energy projects, some in Collaboration with China and others with Spain. And we can’t forget Kuwait, who already started two years ago has develop 17 GW of renewable energy and 25 GW capacity for the production of green hydrogen, which propose to export it to international markets. Data. According to the recent report by the International Renewable Energies Agency, the Middle East has Less than 1% of the world’s renewable capacity. However, from the agency they have detailed that the forecast for the next few years will be of accelerated growth. For its part, An analysis of the consultant Rystad Energypoints out that within five years, more than 30% represents total capacity in Gulf countries such as the United Arab Emirates, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar. From the consultant they detail that this impulse is due to the weather conditions and the favorable conditions of the market. New solar panels will boost electricity generation in the Gulf Favorable energies. In the graph of Rystad EnergyWe observe that the Persian Gulf has two very different parts. The colored areas of orange, blue and green that represent renewable energies we see how they increase exponentially, especially solar. However, we see how nuclear and hydrogen have a slight growth that is maintained over the years. On the other hand, oil and gas, colored gray, although they are currently the main sources of energy, they will fall by 2050. China, ally or competition? The Asian giant has become a double agent in the energy transition, acting as much as a partner and competitor. On the side, Chinese companies such as Jinko Solar, Longi and Byd are providing solar panels, batteries and other technologies for the ambitious renewable projects in the desert region. On the other hand, China is carrying out the development of its own solar and wind projects. Besides, Your dominance over the global supply chain of batteries and solar panels gives you an advantage in the energy market. At the same time, its expansion in the Middle East allows you to gain influence in a region that has historically been dominated by fossil fuels. The change. The Persian Gulf is in the process of investing in renewables to mark its path to sustainability. However, they still have a stretch to travel because infrastructure and energy supply stability are still aspects that must be resolved. Image | Unspash Xataka | In full desert, Saudi Arabia is preparing its next great energy bet with the help of a partner: China

Is there a correct way to discard used oil?

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The renowned Spanish chef, Karlos Arguiñano, proposes a sustainable solution to discard dirty oil and bets on the common sense and responsibility of users. Although it is very usual to throw the oil used by the sink, it is not a correct practice because it is highly polluting, with great environmental impact and damage the pipes. It is estimated that a liter of oil has a polluting power that reaches up to 1,000 liters of water, according to the AQUAE Foundation cited by Alimente. The oil makes water reuse more difficult, damages the pipes and generates the formation of fatbergs, large accumulations of fat and waste in the pipes. Consciousness is the key to domestic recycling Arguiñano explains that “90% of people threw dirty oil through the sink. There will be those who continue doing that and will not care, but that is a real guarrada. ” One of the ways it proposes is store the oil in a container and then take it to a point for recycling, since it not only helps protect the environment, but also contributes to a more sustainable economy. In addition, it helps prevent home damage. Step by step to throw used kitchen oil Below is a safe way to discard the oil according to the oleic oil mark, in just 3 steps: 1. Oil safe handling The first thing to do is let the used kitchen oil cool to avoid burns or injuries. It must cool for a few hours. 2. Use a resistant container To ensure that the oil does not spill, a lid -resistant container must be sought. 3. Recite the oil Take the container to a recycling or collection center. 4.- Bag in the garbage You can also rule it out in the garbage, taking care of not spilling the oil in the garbage, that is, it must be in a closed and lid bowl. Continue reading: (Tagstotranslate) Kitchen tips

an olive oil so cheap that it is no longer profitable for farmers

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Between to Huelma’s Sales, in the heart of the province of Granada, there is a cooperative that groups 1,600 olive producers from the nearby regions. It is only necessary look at its facilities To check the real state of the Andalusian olive: they work 24 hours a day and will triple the triple olive that last year. And, paradoxically, this can become a problem. Problem? How will that be a problem? It is true that consumers fall in oil price is somewhat full of advantages. However, everything has a limit. Specifically, the one that sets the fixed costs. From a certain price, farmers lose money: move to the crews, manage the olive, transport it … It entails putting more money than they can enter. How much money are we talking about? And that limit (historically, for the traditional dry land olive tree, is around four euros) is about to be reached. Faced with the nine euros to which the liter quoted at this point in last campaign, the price is already around To that red line. Is this situation normal? In the oil, we have been very bad for years; But this same season we have seen how something very similar happened with The lemons, The almonds either bananas. We have also seen that the wine faces a similar dilemma. If the production does not conform to demand, the problems appear. And it doesn’t matter whether it is on the one hand or another. And what will happen to the price? This is a great unknown, the truth. The big marketers have been accumulating losses for years and this good campaign is an opportunity to clean up their accounts. That means as they defended since Deoleo last campaignthat we are not going to see minimum prices in supermarkets. On the contrary, the actors in the sector maneuver to stop the fall of retail prices. However, market asymmetry in origin causes serious problems To the thousands of producers in Spain emptied. And it is not a futuristic. “There have been times when the liter of extra virgin has fallen to 3.5 euros, which means that in other lower categories it is in three and this is very worrying because the volume of the current harvest does not justify this decrease so pronounced “, The Director of Agrifood Cooperatives Granada explained in Ideal. What can we expect? If the fall in prices at origin does not stop, this can be the lace of the change of productive model that It has been planning for years About the Spanish olive grove. The truth is that the dry dry costs has much larger costs than The irrigation or the Superintensive. After several years with financial problems we can see how many drying farms have to close this due to blockbusters and low prices. That would be many things: a drama for many areas of the country, a substantial improvement in field productivity and huge environmental tensions. Every day that passes, the oil culture has a more uncertain future. Image | EMRE | Emiliano García Page In Xataka | The worst scenario for olive oil has come true: Spain walks towards a black year

Trick to avoid oil splashes in the kitchen

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The splashes of oils They cause accidental burns, dirty the kitchen and can damage or stain clothing, To avoid these inconveniences when cooking, an expert advises adding a little salt to the pan and problem solved. Chef and author of the recipe book Every day with Babs, Barbara Costello shared a practical tip to avoid splatters; Add salt to the bottom of the pan to keep splatters at bay. Splattering is a reaction when the water in the food mixed with the hot oil evaporates. The trigger for splashing is the steam that produces a reaction in the hot oil that splashes. There are several reasons why splashes occur. 1.- Pans or vegetables with traces of water, so it is recommended to dry them before starting to fry. 2.- Dehydration of food, which is a natural process when frying, since as the Tasting Tablet experts say, the moisture has to come out somewhere. Why use salt? Add salt to the pan before frying, Helps absorb moisture, which reduces the amount of water reacting with the oil, decreasing the chance of splattering. This trick works when using a thin layer of oil, since it is not effective for frying fries or crispy chicken wings. Yes, it works when it comes to sautéing, pan searing, and shallow frying. To fry food in deeper pans, the first thing to avoid is throwing the food, instead it should be placed gently in the oil to avoid splashing. Adding food uncontrollably and getting too close makes us more prone to splashes. To handle food more easily, you can use kitchen tongs. Keep reading:

Trump, implacable in Davos: demands less fiscal burden on the EU, a drop in oil to Arabia and more than doubling military spending in countries like Spain

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Historic speech by the new president of the United States, Donald Trump, in his telematic speech before the auditorium of the World Economic Forum in Davos. Trump has surpassed…

Trump orders oil drilling in Arctic reserve

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He Donald Trump’s inauguration speech Last January 20 was full of controversies. Not only for the blunders on scientific topics that caused a stir in New Zealand. Also because he announced measures that make clear the drift that his dangerous environmental policies. For example, he made it very clear that he thinks open the Arctic to drilling in search of oil and other fossil fuels. Until now, the Arctic wildlife reserve, located in Alaska, had remained closed to drilling by order of Joe Biden. The last president had denied several exploitation permits in this protected area. However, the new president has already shown on many occasions how little he cares about the planet, so it was not going to be any less this time. “Drill, baby drill”. With this slogan, first used in 2008 by the former Republican lieutenant governor of the state of Maryland Michael SteeleDonald Trump has signaled his intentions in his inauguration speech. But what will be the consequences if drilling in these Alaskan territories finally restarts? American environmental groups have not been waiting to launch their answer to this question. Without a doubt, it is not good at all. There is only hope that, as have already shown on some other occasionfuel extraction companies show disinterest in this area of ​​the Arctic. It doesn’t matter how much Donald Trump opens the doors of the reservation. If the big oil companies refuse to extract fuel from there, there is little else they can do. I hope that’s the case. This is the reserve that Donald Trump wants to drill According to data from 2024it is estimated that beneath the soil of Alaska there is an amount of oil equivalent to 450-800 million barrels. Most of this territory is open to exploitation. However, there is an area of 78,000 square kilometers located on the northern slope of Alaska where, until now, it was strictly prohibited. It is about the Attic National Wildlife Refuge, known to some people like him United States Serengetidue to the great biodiversity that exists in it. It is one of the most intact and virgin of said country and it is estimated that approximately more than 200 species of birds, 42 species of fish and 45 species of mammals. Animals such as polar, brown and black bears, moose, caribou, wolves, lynxes, eagles, martens and beavers stand out. Its caribou population stands out especially, with more than 120,000 specimens. In his speech, Donald Trump has used the slogan “drill, baby, drill.” The Refuge was established in 1960 by President Dwight Eisenhower. Although it belonged to the American Republican Party, over time it has been the Democrats who have put the most effort into protecting the Refuge. Joe Biden also suspended drilling permits established in this region, in order to protect it even more. But Donald Trump has taken it upon himself to annul this suspension and announce his commitment to “drill, baby, drill“(“drill” means “to pierce” in English). What do environmentalists say? Both environmentalists and Alaska Native groups have expressed concern about the first decisions made by Donald Trump. Carol Holleythe lawyer and manager of the Earthjustice group, recalled in a statement that “Alaska is warming up four times faster than the rest of the planet.” This, he added, is “a trend that is wreaking havoc on communities, ecosystems, fish, wildlife and ways of life that depend on healthy lands and waters.” Logically, drilling the ground to extract oil and natural gas is the last thing needed to have healthy lands and waters. There is a large population of caribou in the refuge. Credit: Danielle Brigida (Wikimedia Commons) For Donald Trump, this is a decision that will bring economic prosperity to the United States, but it is not all about money. There is no United States without a planet and, with measures like this, little by little the stones are being laid to build an uninhabitable planet.

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