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<pre>High yield from cooking oil boosts olive farming
La alta rentabilidad del aceite impulsa el cultivo de
la aceituna

El Pais - Spain, Oct 16, 2000

The Spanish olive sector is one of the most profitable
crops in the farming sector according to figures
published by the agriculture ministry. In line with
these figures the net income per hectare of
un-irrigated land with a minimum production and low
prices (Pta260 per kilo) should be Pta34,000. In the
same period for a hectare of irrigated land the net
income was Pta72,000. For this next harvest, with a
million ton production the net income per hectare will
total Pta117,000 on un-irrigated land and Pta172,000
on irrigated land at a price of Pta300 per kilo, a
price considered feasible for the next few months.

This high yield, together with earnings from prices
and the aid paid by Brussels, would be the principal
reason for the crop's expansion over the last few
years with an increase in surface area of over 200,000
hectares and with the prices of olive-crop surface
area having been those with the greatest increases
since Spain's entry into the European Union.



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Constantine Alexander
http://www.PapasHaven.com/

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