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Business / page 116

Jan. 11, 2023

Greece’s New CAP Plan Approved By European Commission

The E.U. will release more than €13 billion from 2023-2027 to back the Greek agricultural sector. However, new provisions in the policy are alarming some farmers.

Jan. 9, 2023

Persistent Warm Weather Causes Headaches for Olive Oil Producers in Greece

Daytime temperatures remain around 20°C in many olive oil-producing areas of the country, undermining the quality of fresh EVOOs.

Jan. 9, 2023

Olive Council Launches Campaign in Australia

The promotional campaign began with a formal presentation in Sydney. It aims to raise consumer awareness and pave the way for a possible future entry of Australia into the IOC.

Dec. 14, 2022

In Spain, Household Olive Oil Sales Fall While Overall Consumption Rises

Feeling the pinch of inflation, households cut back on their olive oil purchases. However, the end of pandemic-era restrictions saw a rise in demand from hospitality.

Dec. 14, 2022

Extra Virgin Olive Oil Shines in Michelin Star Chef’s Traditional Christmas Eve Dinner

Periko Ortega worked at two Michelin-star restaurants before opening his own, ReComiendo.

Dec. 13, 2022

Chefs in France Bring Extra Virgin Olive Oil to Christmas Dinners

The quality of local oils and their health benefits have earned a place at the heart of French Christmas traditions.

Dec. 13, 2022

In Jaén, Olive Oil Production Collapse Worse Than Expected

New surveys indicate that overall yield in the Jaén region could fall below the lowest reported tonnage in a century.

Dec. 13, 2022

European Officials See Olive Oil Supplanting Butter, Vegetable Oil Consumption

E.U. officials said increased awareness of olive oil health benefits and reduced consumption of other edible oils would drive the trend.

Dec. 12, 2022

Producers in Israel Reap Benefits of Record Harvest

Despite rising production costs and persistent challenges from imports, Israeli olive oil producers anticipate a bumper harvest and improved market share.

Dec. 12, 2022

Europe Approves Italy’s Plan for Implementing the Common Agricultural Policy

The €37 billion will be used to promote sustainability and traditional food products, support small farms and encourage young people into agriculture over five years.

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Dec. 9, 2022

In Italy, Industry Experts Forecast Lower Yield, Higher Quality

Italian olive oil production for the 2022/23 crop year is expected to fall by 37 percent, to 208,000 tons. However, quality is set to increase.

Dec. 9, 2022

Europe Puts Off Decision on Food Labeling

An Italian European Parliament member said the decision has been removed from the 2023 legislative agenda and is unlikely to be taken up again before 2024.

Dec. 8, 2022

Researchers Predict More Intense Wildfires in Europe

Climate and cultural changes mean more fuel is available for the fires. Researchers recommend some forestry practices to mitigate future mega-blazes.

Dec. 8, 2022

In Turkey, Olive Oil Exports Rise with Prices and Production

The rising volume and value of Turkish olive oil exports have been fueled by strong production, surging prices and more branded oils.

Dec. 8, 2022

In Rio Grande do Sul, Award-Winning Production Means Preparing for the Unexpected

While the Capoani family diligently prepares for the harvest, their fate is largely tied to the weather.

Dec. 5, 2022

Olive Fruit Fly Could Undermine Greek Olive Oil Production

The fruit fly threatens expectations of a bumper crop. Experts suggest a change in established practices of fighting the pest.

Dec. 5, 2022

Rising Olive Oil Prices, Exports Help Sustain Tunisian Trade Balance

Olive oil accounted for 40 percent of agricultural export value. An increased focus on branding and organic farming might further grow the sector’s value.

Dec. 5, 2022

Farmers in Córdoba Fear Lasting Effects of Prolonged Drought

The lack of rainfall and scarce water resources mean trees may not receive enough water this winter to produce fruit and oil in 2023.

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