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 Business
Study of Greek Olive Oil Sector Urges Producers to 'Standardize'
Dec. 7, 2011 Business
Nov. 13, 2011 Business
Still Lower Prices, Black Olives for Breakfast in Latest IOC Data
Nov. 3, 2011 Europe
'No Financial Difficulties' For Spanish Olive Oil Giant Hojiblanca, CEO Says
Nov. 2, 2011 Europe
Gruppo Pieralisi Powers World's Largest Olive Oil Mill in Jaén
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.
Oct. 5, 2011
Andalusia Fines 17 Producers €2,500 for Inferior Olive Oil
The inquiry started last November after analyses of 24 batches of cheap olive oil on sale in Jaén and Córdoba found the contents of some were inferior to that shown on the label.
Sep. 29, 2011
European Commission OKs Payments for Six Months of Olive Oil Storage
The European Commission announced today that it will provide private storage aid enabling up to 100,000 tons of Spanish virgin olive oil to be stored for six months.
Sep. 28, 2011
Olive Council Deputy Director Urges Producers to Improve Quality
Olive oil producers need to adapt production to reflect the reality of worldwide demand – or face further losses, warns International Olive Council's deputy director Ammir Assabah.
Sep. 27, 2011
Olivar de Segura the Top 'Ecological' Olive Oil Producer in Spain
The co-op sold one million kilos of olive oil in 2010 making it the top-selling certified ecological producer, according to Andalusia's organic farming trade group.
Sep. 19, 2011
Virgin Olive Oil Prices Hit Trigger Level for European Aid
The average price for virgin olive oil is now so low in Spain that the European Commission has no choice but to subsidize storage until the market improves, the Spanish government and olive oil producers said today.
Sep. 18, 2011
Spanish Prosecutors Seek Nine Years in Jail for Three Accused of Olive Oil Fraud
Spanish prosecutors are seeking nine years jail and fines of 8,760 euros ($12,000) each for three Andalusian businessmen accused of olive oil fraud and deceptive advertising.
Sep. 6, 2011
Sales of Packaged Organic Olive Oil from Andalusia Sharply Higher
Sales of packaged organic olive oil from Andalusia grew nearly 30 percent in 2010, almost equaling that of the region's bulk olive oil sales.
Aug. 27, 2011
ExpoHuelma Under Way in Jaén, Spotlight on Olive Oil
The Jaén provincial government will have its own stand at the fair, which aims to promote the tourism, handicraft, livestock and agri-food industries.
Aug. 17, 2011
Tough Time for Spain’s Olive Oil Stock Market
Between July 12 and August 12, sales transactions between producers and traders fell to 24,484 tons, representing a 53 percent drop from the previous month.
Aug. 11, 2011
Andalusian Olive Oil Producers Facing Fourth Straight Year of Losses
Andalusia's olive oil producers are facing their fourth consecutive year in the red having already accumulated a loss of 600 million euros ($851 million) this season.