Why is extra virgin olive oil so expensive now?

The price for extra virgin olive oil (EVOO) at the grocery store has skyrocketed in recent months, and experts say are blaming low supply from poor harvests. Sylvain Charlebois, a professor of food distribution at Dalhousie University, told Global News that the price rose 15.2 per cent between January and late March, according to his data. The average cost of a one-litre bottle of EVOO is now $16, compared to $14 in January. Naomi Barghiel has more.

• Why is olive oil so expensive now? Here’s what to know