Spanish thieves busted for stealing over 19 tons of olives

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Spanish thieves busted for stealing over 19 tons of olives
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“The Guardia Civil has arrested and investigated 21 people behind the theft of 17,500 kilograms [38580 pounds] of olives in the Las Vegas region,” police said.

An investigation into the olive thefts began in January after a farmer reported that over 18,500 pounds of olives had been stolen from his land. Authorities connected the incident to other reports in the area of thefts involving “significant quantities of olives,” The Guardia Civil said.

Investigators uncovered documents outlining the exchange of more than 19 tons of stolen olives and seized multiple tanks containing more than 1,500 gallons of olive oil. Those arrested, who are between ages 20 and 57, were slapped with a number of charges including, theft, fraud and receiving stolen goods, according to AFP.Prices of olives and olive oil have skyrocketed following last year’s severe drought, threatening the world’s supply.

In Spain, which supplies 80% of the world’s olive oil, harvests were down 50%, making it the worst season in the last 15 years, according to Jon Davis, chief meteorologist for Everstream Analytics, a supply chain predictive insights and risk analytics company. “The wide-scale drought conditions across Europe, Mediterranean countries, significantly impacted the global supply since approximately 80% of the olive production comes from this area,” Davis told Fox Weather last month.that Spain had enough olive oil to supply domestic needs and said he believes there will be no olive oil available in the fourth quarter of 2023.Davis told Fox Weather that olive oil prices in America have risen “30% to 50% depending upon the area.

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