Business When it Comes to Olive Oil Consumption, Turkey Lags Behind Other Big Producers Turkey is one of the leading olive oil producing nations in the world, but its local per capita consumption is surprisingly low. Olive Oil Prices Soaring in Spain Bulk prices for extra virgin olive oil have shot up 57 cents in Spain amid gloomy harvest forecasts for the next season, which starts in a month. Europe’s Olive Oil ‘Action Plan’ Still on Drawing Board Final details of the European Commission’s olive oil action plan may not be available until the end of September, according to sources close to European Commissioner for Agriculture Dacian Cioloş. Report Forecasts Olive Oil Prospects for Spain, Italy, Greece A report projects the largest producers will have their ups and downs towards 2020. Only Spain is expected to experience a rise in production Olive Oil Importers Lobby Congress to Oppose Marketing Order A new group called the Alliance for Quality Standards is urging lawmakers to oppose the adoption of an olive oil marketing order proposed by California producers. French Association AFIDOL Blames Bad Weather for €300k Loss The French interprofessional organization recently introduced stickers to help consumers identify olives and olive oil produced in France. India’s Olive Oil Imports Up By Half India’s olive oil imports increased by 49 percent in 2011, with the lowest edible grade accounting for most of the growth. An ‘Oil Change’ Helps Two Greek Companies Stay Ahead Olive oil is now used by food companies in ready meals and food products in innovative ways signaling a turn to a healthier way of life. New Olive Oil Brands Find Space in Indian Edible Oils Market Leading global and domestic olive oil brands are aiming for a larger slice of the edible oil market in India as demand, while still relatively small, shows promise. Spain’s Olive Oil Agency Monitors Product Traceability More than 20 plants involved in the production or packaging of olive oil or table olives in Spain were found to have no system of product traceability. New Report Takes Pulse of EU Olive Oil Farms The average income on olive oil farms has been on a slide and is significantly lower than the average for other farms, according to a new report. Cretan Producers Suggest Ways to Improve EU Action Plan The Association of Olive Oil Producing Municipalities of Crete (SEDIK) has compiled a memo with suggestions to improve the Europe's olive oil action plan. © 2015 Olive Oil Times. All Rights Reserved.