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Feb. 10, 2012

Nineteen Arrested Over Alleged Olive Oil Fraud

Spanish police this week arrested 19 people allegedly linked to a complex network engaged in multi-million euro olive oil fraud, money laundering and tax evasion.

Feb. 9, 2012

Imports Into Italy of European Olive Oil Soar

Imports into Italy of olive oil from other EU countries have soared 40 percent in the last three years to 537,503 tons in 2010/11.

Feb. 8, 2012

EU Offers Olive Oil Storage Aid Amid Tumbling Prices

The European Commission is set to subsidize the temporary storage of 100,000 tons of olive oil in a bid to bolster dismal farm-gate prices.

Jan. 6, 2012

Olive Oil Prices in Spain Extend Historic Lows at Year-End

Falling prices, decreased production and poor sales have left Spain's olive oil sector in a state of disarray, though government is working to develop reparative initiatives.

Dec. 30, 2011

More Claims of 'Made in Italy' Labeling Lies

China is scrutinizing olive oil arriving from Italy while Spain raises fears of wider market manipulation in the wake of new claims of fraud involving Italian olive oil.

Dec. 28, 2011

Greeks Turn to Lower Quality Olive Oil During Crisis

During the current financial crisis, demand for first quality standardized olive oil has declined in Greece. The explanation relies in the cuts to wages and the limitation of household resources in general.

Dec. 19, 2011

Spanish Eating More Butter, Less Olive Oil

Butter consumption is increasing in Spain as people tighten belts and eat breakfast at home, instead of cafes. Meanwhile, sales of vegetable oils, particularly olive and sunflower oil, have fallen.

Dec. 14, 2011

Global Olive Oil Consumption Forecast to Climb, Led by U.S., China, Brazil

World olive oil consumption will climb 3.2 percent in 2011/12, according to the Olive Council’s November newsletter.

Dec. 13, 2011

Study of Greek Olive Oil Sector Urges Producers to 'Standardize'

A new study finds weaknesses in the Greek olive oil industry and suggests ways to overcome the problems by achieving economies of scale.

Dec. 7, 2011

Córdoba Leading in Use and Production of Olive Biomass

Byproducts of olive oil production have made the Córdoba province Spain’s leader in biomass energy production and innovation. Material from the olive oil sector, including pomace and prunings, is Spain's most used biomass source.

Nov. 13, 2011

Still Lower Prices, Black Olives for Breakfast in Latest IOC Data

Worldwide trade in olive oil is up 10 percent on last year - an increase of 120,222 tons, according to figures just released by the International Olive Council.

Nov. 3, 2011

'No Financial Difficulties' For Spanish Olive Oil Giant Hojiblanca, CEO Says

Hojiblanca plans to double its turnover to €1 billion in five years. Antonio Luque, former farmer and now Hojiblanca’s managing director, vowed to “keep on growing.”

Nov. 2, 2011

Gruppo Pieralisi Powers World's Largest Olive Oil Mill in Jaén

The mill is owned by the 1,673 members of the FAECA Cooperative and, with the 12 lines working around the clock, can process 2,500 tons of olive oil every day.

Oct. 26, 2011

Industry Group Reports Sharp Rise in Spanish Olive Oil Exports

Spain has doubled its olive oil exports in the last decade and now sends 60 percent of its production abroad, according to figures released by the trade association Interprofesional del Aceite de Oliva Español.

Oct. 24, 2011

Olive Oil Industry Groups Reject Proposals for CAP Reform

Proposals include limiting the subsidies large farms can receive, and allocating a fixed amount per hectare rather than according to the production history -- a change that would see France and Spain lose the most, according to reports.

Oct. 16, 2011

Olive Oil Giant Hojiblanca Expands into Livestock

Hojiblanca President, José Moreno, said the integration was "another step towards the consolidation of a major multisectorial agri-food cooperative which could take advantage of synergies."

Oct. 11, 2011

Olive Oil Imports Down in Australia, Way Up in Brazil

The world produced just over 3 million tons of olive oil in the 2010/11 harvest season, according to preliminary estimates released today in the International Olive Council's September Market Summary.

Oct. 10, 2011

Acesur's Gonzalo Guillén: Spain is "Exporting the Wrong Image"

In an interview with Spain's El Economista, Acesur CEO Gonzalo Guillén spoke frankly of Spain's olive oil image problem and his company's plans for international expansion.

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