As price of olive oil soars, chainsaw-wielding thieves target Mediterranean's century-old trees

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As price of olive oil soars, chainsaw-wielding thieves target Mediterranean's century-old trees
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In the Mediterranean's olive-growing countries, the extreme weather caused by climate change is taking a toll.

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“The olive robbers can sometimes produce more oil than the owners themselves – seriously,” Markou said, before heading off to patrol his own grove at nightfall. Most of the thefts are branches. When an entire tree is cut down, the thieves typically cut it up and load the pieces into a pickup truck, selling the wood to lumber yards or firewood vendors and taking the olives to an oil mill.

Bekas, who owns 5,000 olive trees, suffered repeated raids by thieves before deciding to take an early harvest. That has required more than than 2 1/2 times as much olives by weight to produce a kilogram of oil as last year, he said. Benchmark prices in Spain, Greece and Italy for extra virgin oil reached 9 euros in September, more than tripling from their level in 2019.

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