Business Italian Olive Oil Association Meets Over Fresh Market Data The Association of the Italian Oil Industry, representing packagers of olive oil and seed oils, held a conference to review 2010 olive oil market volume and give indications about the early months of this year. European Imports of Olive Oil Sharply Higher in Latest Report Imports of olive oil into the European Union were up 27 percent in the five months to February, according to the International Olive Council’s May market newsletter, released today. Stephen Mandia, Sovena USA Steve Mandia founded the East Coast Olive Oil Corporation in 1991 and guided its growth to become one of the largest olive oil importers in the United States. Q&A with Spain’s Olive Oil Interprofessional Director Teresa Pérez Interprofessional Director Teresa Pérez explains why this week's Beyond Extra Virgin conference in Córdoba will be different than previous editions. Commissioner’s Answer Still “No” to Aid for Private Olive Oil Storage Despite receiving a petition with 50,000 supporting signatures from Spain alone, the European Commission today stood firm on its rejection of calls for the introduction of private storage aid for olive oil. Six Firms Vie to Promote Olive Oil in North America Bids from five North American and one European firm were officially opened this morning at IOC headquarters in Madrid by the International Olive Council. Stagnant Prices, Uncertainty Take Toll on Olive Oil Futures Flat prices and economic uncertainty are dampening Spain's fledgling olive oil futures exchange, which last year got into the black for the first time. Aguilera: Use Origins to Inform Consumers, Lift Prices The regional government says that differentiation via denominations of origin, would help consumers make informed choices in the supermarket. Olive Oil Production in China Grows, But Not Like Imports China is taking a great leap forward with its olive and olive oil production and Spain is being urged to get onboard or see Italy or Israel take the lead. Council Predicts Second Biggest Year Ever for Olive Oil Production The International Olive Council predicts this year to be the world's second-best for olive oil production, thanks largely to increases in Algeria, Morocco, Syria and Turkey. Expoliva Kicks Off in Jaén Andalusian president José Antonio Griñán urged olive oil producers to put greater emphasis on olive oil quality, while MARM director Isabel Bombal called for the IOC to add members. Olivier Baussan’s Première Pression The entrepreneur's newest project is a chain of olive oil shops emphasizing education and transparency. © 2014 Olive Oil Times. All Rights Reserved.