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Europe / page 244

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.

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.

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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.

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