this post was submitted on 26 Aug 2024
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Spanish olive oil producers say big supermarkets are making huge profits at the expense of consumers by making a 59% margin over the initial price.

Archived version: https://archive.ph/dZtQ9

SpinScore: https://spinscore.io/?url=https%3A%2F%2Fwww.euronews.com%2Fmy-europe%2F2024%2F08%2F26%2Folive-oil-crisis-spanish-farmers-accuse-supermarkets-of-inflating-prices-amid-production-s

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[–] Kyrgizion@lemmy.world 17 points 2 months ago (1 children)

If the pandemic taught corporations anything, it was that they could gauge us far more than what they were already doing.

[–] sunzu2@thebrainbin.org 2 points 2 months ago

People need to be more willing to shop around, if there are substitutes, use them

[–] penquin@lemm.ee 12 points 2 months ago (1 children)

I buy 2 gallons olive oil from Costco to cook with. 2 years ago, it was $15.99. now it's $65. Fuck capitalism.

[–] KevonLooney@lemm.ee 9 points 2 months ago (1 children)

Um, 2 gallons for $16? That was probably fake or blended olive oil. That's $2 a quart. No one is selling you the good stuff for that price.

[–] penquin@lemm.ee 2 points 2 months ago (2 children)

It's refined olive oil and 15% extra virgin olive oil. Here it is on their site for a single one. At the store, they have the two bottles attached with a plastic handle.

[–] AnUnusualRelic@lemmy.world 7 points 2 months ago (2 children)

refined olive oil

What does that even mean?

There's two types of olive oil: pressed from olives, and definitely not olive oil.

The amount of snake oil in the US food industry is unbelievable.

[–] CosmicTurtle0@lemmy.dbzer0.com 3 points 2 months ago (1 children)

from what I understand, there are essentially three levels of olive oil:

  • Extra Virgin Olive Oil: the good stuff, used primarily as a taste additive, dressings, etc.
  • Refined Olive Oil: the cheap stuff, typically mashed olives that make it out of EEVO. You'll use this for frying
  • Blended Olive Oil: medium priced, usually a blend of EEVO and refined

That isn't to say that olive oil doesn't need better controls and oversight.

There is no reason to buy EEVO when refined will do. I use the cheap stuff for making mayonnaise because it blends better. In fact, if you try to use EEVO for mayonnaise, it will turn rancid.

[–] AnUnusualRelic@lemmy.world 1 points 2 months ago

from what I understand, there are essentially three levels of olive oil:

Extra Virgin Olive Oil: the good stuff, used primarily as a taste additive, dressings, etc.
Refined Olive Oil: the cheap stuff, typically mashed olives that make it out of EEVO. You’ll use this for frying
Blended Olive Oil: medium priced, usually a blend of EEVO and refined

From what I understand, it went like this:

  • "Hey, what's all this goop on the floor?"
  • "It's all the crap from the olives we pressed this morning... Hey, Mario, come and wipe this off!"
  • "Wait wait, can't we sell this?"
  • "Are you crazy? Who would want to buy olive goop?"
  • "Let me think about it... Mario, put it in barrels."

And that's how most of the US food shittification went. People got used to it and it's normal to them.

Meanwhile in Europe, there's no "refined olive oil" to be found. Like many of the creative aberrations of the US market, they're completely absent in the rest of the developed world.

[–] penquin@lemm.ee 2 points 2 months ago (1 children)

Refined means the oil gets processed to neutralize defects in taste, aroma, or acidity.It's still olive oil, but it's treated so your food doesn't taste like olive oil when you cook it with. That's all. It's not snake oil. Lol

[–] sunzu2@thebrainbin.org 1 points 2 months ago

It is refined for higher smoke point so it can be used for high heat cooking. they do this by removing solids etc

this is done via chemical treatments. it is fine but oilive oil is not best all purpose and high heat cooking oil.

neutralize defects in taste, aroma, or acidity

that's an odd phrasing... you don't buy high heat cooking for any of that. more accurate way to put it is that they strip oil of taste and aroma that comes from solids in the cold pressed table grade oil.

[–] KevonLooney@lemm.ee 3 points 2 months ago (1 children)

You know Costco isn't squeezing the olives themselves? There's a lot of fake olive oil out there. They just blend in some vegetable oil or something.

[–] sunzu2@thebrainbin.org 0 points 2 months ago (1 children)

normies have hard time understanding that major US companies are part of the problem because they "trust the brand" lol

they buy goyslop grade product, prolly less than 50% refined olive oil blended with some cheap shite, all of it extracted with heavy chemical processing.

it is fine for cooking, whatever, but i is hardly "olive oil" lol

even if it is labeled as such, it aint. math don't work.

[–] penquin@lemm.ee 2 points 2 months ago (1 children)

The whole topic was about how shit became expensive, I don't know why we are talking about "normies" and conspiracy theories! Holy shit, some folks scoure the internet to just drag people down to their misery. Get a fucking life, you two.

[–] sunzu2@thebrainbin.org -3 points 2 months ago

Way to miss the point champ...

[–] sunzu2@thebrainbin.org 7 points 2 months ago (2 children)

My favourite table oil went from 45$ to 80$ since covid...

[–] No_Ones_Slick_Like_Gaston@lemmy.world 5 points 2 months ago (1 children)

Dude what is the brand source and profile, also size?

That's some gourmet shit right there.

[–] sunzu2@thebrainbin.org 1 points 2 months ago

https://partannafoods.com/collections/all/products/copy-of-extra-virgin-olive-oil

3 liter for 75 looks like now.

First cold pressed by virgin feet 🤣

That shit fucking great price got me to down grade to 60 dollar Greek alternative. Which is as good.

[–] possiblylinux127@lemmy.zip 1 points 2 months ago (1 children)

You were paying $45 for olive oil? That's insane

[–] sunzu2@thebrainbin.org 2 points 2 months ago

3 liter first cold pressed, single source. Yeah it is deff a luxury product. No gonna lie. But when that's the main flavour for your salad, it is very nice.

I since down graded to 60 for 3 liters, which works just as well but still 🤡 price but who knows. I don't have a problem paying for it if everybody in supply chain gets a fair cut.

But many times we are getting priced gouged