Oilves saved by last minute sale

In an example of how the abstract world of finances can impact on the real supply of food, olive producer Boundary Bend stopped picking $26million worth of olives last week because of fears it would not be paid because the company that owned 20% of the crop, Timbercorp, is under administration. Timbercorp’s administrator successfully applied to the Federal Court for permission to sell the crop to Boundary Bend so that the picking and processing can continue.

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