Business

May. 11, 2021

Olive Oil Sales Continue to Surge in Spain

The latest figures confirm a growing trend in domestic and international markets.

May. 10, 2021

Steep Fall in Spanish Olive Oil Exports to U.K. Since Brexit

A new requirement for phytosanitary certificates and border checks will further slow down shipments and add to the cost and bureaucracy of post-Brexit trading.

May. 10, 2021

Results of 2021 World Olive Oil Competition to Be Released

The results of the 2021 NYIOOC World Olive Oil Competition will be revealed May 24 through May 27 from 9 o'clock until noon (UTC -4) on the Official Index of the World's Best Olive Oils.

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May. 6, 2021

Lower Yields in Tunisia Push Prices Higher

The growth in packaged olive oil exports has helped fuel the increase in prices per unit.

May. 6, 2021

Despite Tariffs, Spanish Olive Oil Exports to U.S. Rose to Begin Fiscal Year

The reopening of hospitality and tourism in the U.S. combined with poor harvests throughout the Mediterranean may have had an impact.

May. 4, 2021

Legislation Restricting Use of 'California' on Olive Oil Labels Gains Momentum

While AB-535 has gained some prominent supporters and breezed through committees, its detractors remain confident a compromise can still be reached.

Apr. 29, 2021

Labor Shortages, Recent Floods Create 'Insane Situation' as Australian Harvest Begins

Growers and producers hopeful of a bumper harvest after last year’s “oil drought” are scrambling to find solutions for dire labor shortages due to Covid-19 travel restrictions.

Apr. 29, 2021

Spanish Olive Growers Replacing Century-Old Trees With Young Ones

Intensive olive farming around the world has led Spanish olive growers to cut down ancient trees to remain competitive.

Apr. 29, 2021

Olives Among Foods with Lowest Level of Pesticide Residues in Europe, Study Finds

A report by the European Food Safety Agency shows contaminant levels on olives among the lowest of all foods available to consumers.

Apr. 26, 2021

South American Olive Oil Conference Goes Online

Attendees can listen to prerecorded lectures on a range of topics online. Presenters see this as a positive step for the continent’s olive oil sector.

Apr. 26, 2021

World Olive Oil Competition Entries Way Up From Turkey, Croatia, Italy, Greece

Producers signed up in record numbers to compete on the world stage, and many submitted new product variations to distinguish their brands in the global marketplace.

Apr. 22, 2021

Producers Puzzled by Turkish Ban on Bulk Olive Oil Exports

In a season where 220,000 tons were produced, Turkey has stopped bulk olive oil exports until the end of next October.

Apr. 20, 2021

Olive Oil Consumption Hits Record High in Australia

The International Olive Council predicts that Australians will consume 51,000 tons of olive oil in the 2020/21 fiscal campaign ahead of what could be a record harvest for producers.

Mar. 26, 2021

Europe Plans to Triple Agricultural Land Dedicated to Organic Farming by 2030

Olive farmers will be among the benefactors of European programs targeted at stimulating the consumption of organic products and financing the transition to organic farms.

Mar. 25, 2021

Italian Olive Sector Must Focus on Quality for Future Success, Report Finds

A lack of cooperation throughout the sector is hurting producers’ bottom lines, according to an agricultural institute study.

Mar. 17, 2021

Hundreds of Scientists Support Adoption of Nutri-Score Labeling System

Almost 300 scientists and health professionals praised the scientific basis of Nutri-Score and criticized the alternative proposals.

Mar. 17, 2021

Andalusia Launches Bid to Capture Emerging Indonesian Market

Euromonitor data projects that the value of olive oil sales in Indonesia will increase by 50 percent over the next half-decade. Andalusia hopes to capitalize on this growth.

Mar. 16, 2021

World Olive Oil Competition Receives Record Number of Entries

The NYIOOC World Olive Oil Competition announced it had received 1,171 entries for the 2021 edition, breaking the previous record of 1,003 set in 2018.

Mar. 16, 2021

New Legislation Aims to Limit Use of ‘California’ on Olive Oil Labels

Supporters of Assembly Bill 535 say it will protect California growers from unfair business practices. Detractors believe the bill punishes large producers and is unconstitutional.

Mar. 10, 2021

Tunisia Works With Producers to Add Value to Branded Exports

Olive oil exporters in Tunisia hope to double exports of bottled olive oil in the next five years. The government plans to help by easing bureaucratic hurdles and promoting quality.

Mar. 8, 2021

Creation of a MedDiet Label Key to E.U. Food Security and Sustainability, Report Says

The report argues that a renewed focus on the Mediterranean diet could help the region mitigate the impacts of climate change, promote sustainable agriculture and increase food security.

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