Take your olive oil to dinner this Christmas!

On an appetizer...

On a main...

Or on a dessert, why not?

Happy Christmas!

White olives?

Everybody heard about green and black olives, but what about the white ones?

Due to the content of my last post I can not honestly say that what I saw this morning surprised me, but it's still an unusual view:

Well, Insha'Allah, hopefully there wont be too many broken/frozen branches. Will take a walk tomorrow and see.

Weather forecasts...

If you live in a city and it's not a weekend, the weather has not a huge influence on your life. Of course, extreme events apart like floods, snowstorms or similar. But if you are on sea, be it leisurely sailing with your family and friends or shipping several thousands tonnes of crude or iron ore, it's another matter altogether.

Hokusai's take on rough weather

 Having a bit of sea experience myself, I have learned to keep a careful eye on the weather patterns and developements, so to plan and organize the life at sea in accordance with nature swinging moods.

A nice high pressure area and you can have a good quiet sleep at anchor!

But how does this translate to works in olive orchards? Here is a fresh example that is puzzling me at this very moment.

There's an approaching low pressure peeking which will most probably lead to rain and temperature drop over the weekend. Now, the temperature drop does not worry us if it is keeping itself at or about 0 degrees celsius, but it may be troublesome for the young olives if much lower, as the branches are still growing. The possible damage we are looking at is freezing of the branches - at least one year of growth lost - or even whole trees freezing and dying. There are biological solutions that can be sprayed on the leaves to prepare them for the shock and minimize the damage, but as with all biological therapies the timing is paramount.

 Google being our friend, a quick look at some serious weather forecast pages gave the following results:

FORECAST 1

FORECAST 2

FORECAST 3

As you can see, it is not even clear if it wil rain (or snow) Friday OR Saturday (we really can't spray anything whilst it rains...), let alone IF the temperature drop will be under 0, and if so when...

If only the Oracle of Delphi was still in business!

Oil trading, arbitrage and options...in ancient Greece

Here is a little piece of useless olive oil related info useable during a rainy day winter chat. Having a penchant for economics myself, lately I stumbled into an article about economy theories. There was a reference to Thales of Miletus - if at school you listened to your math teacher, this was the guy who measured the pyramids height with a stick on a sunny day. A practical, clever person one would imagine.

In this days of general malcontent with anything related to the financial world and their instruments, it is interesting to observe that similar techniques were employed in the early days of our civilization. As a necessary intro, it is worth mentioning that at the time olive oil had the same (if not larger) economic importance that crude oil has now for our society.

Thales, the story goes, predicted a generous olive harvest for the next season and negotiated a deal with the region's mills whereas he'd have a right to use the mills for a fixed sum. Harvest time come, Thales excercised his option and, if we trust the old story, made himself quite a fortune on the delta.

I bet his philosophy classes had a surge in attendances when the news spread out...