Is anyone else tracking the chaos in the Sicilian olive oil market right now? I’m reading reports from Ribera about silos being completely backed up and prices dropping by nearly 50% overnight. As someone with a biotech background, this feels like a massive systemic failure in our supply chain management.

We’re hearing about a 'surplus' and 'non-EU imports' flooding the market, yet global demand for high-quality EVOO isn't exactly disappearing. Why are we letting local producers drown in unsold stock just because the harvest timing is tight? If the quality is as good as they say, shouldn't we be leveraging better preservation tech or smarter logistics rather than just tanking the value?

I’m honestly confused—is this just a failure of the current EU trade protections, or are we genuinely lacking the infrastructure to buffer these seasonal spikes? I’m all for open markets, but watching the regional economy get gutted because we can't manage a good harvest seems incredibly inefficient. Does anyone have a lead on why the price floor fell out so fast?