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Middle Eastern farmers bearing the brunt of plunging olive oil prices

European oil giants dumping stocks below costs could prove catastrophic

URL: http://www.jewishjournal.com/food/article/middle_eastern_farmers_bearing_the_brunt_of_plunging_olive_oil_prices_20120

The price for olive oil has dropped to its lowest level in a decade and farmers in the Middle East are bearing the brunt as Spain and Italy dump their government-subsidized stocks at below cost.

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