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Business / page 120

Workers unloading olives from a truck into a container during the harvesting process at night. - Olive Oil Times
Production

Oct. 31, 2022

In Greece, Millers Call for Subsidies to Soften Impact of Rising Costs

Olive oil mill owners want the same energy subsidies given to bakers and bread manufacturers to cover the cost of rising energy bills.

A hand raised in a formal setting, possibly during a vote in a legislative assembly. - Olive Oil Times
Business

Oct. 31, 2022

Nutri-Score Criticism Defines European Parliament Hearing

Politicians, scientists and interest groups argued that the European-wide adoption of Nutri-Score would hurt trade, favor big business and harm health.

Two traditional windmills with black blades and white stone structures situated on a hilltop. - Olive Oil Times
Business

Oct. 31, 2022

Officials in Castilla-La Mancha Look to Oleotourism to Boost Farmer Incomes

Officials and farmers are working to build new tourist accommodations, organize tastings, and draw visitors to mils.

Individual using pruning shears to trim an olive tree in a garden setting. - Olive Oil Times
A grove of olive trees with bare branches in a dry, open landscape under a clear blue sky. - Olive Oil Times
Sunset illuminating a landscape with sparse vegetation and distant trees in Australia. - Olive Oil Times
Panoramic view of olive groves and rolling hills in Tuscany under a blue sky with clouds. - Olive Oil Times
A group of students walking in an olive grove, wearing backpacks and casual clothing. - Olive Oil Times
Concrete structure directing water flow in a channel with greenery on both sides. - Olive Oil Times
Business

Oct. 24, 2022

Italy Announces €3.9B Investment in Water Infrastructure

The funds will be used to fix leaks, digitalize water management systems, renew irrigation channels and reinforce water systems in earthquake-prone areas.

A child picking olives from an olive tree while sunlight shines behind them. - Olive Oil Times
News Briefs

Oct. 24, 2022

Farmers in Gaza Expect Bumper Harvest

Growers expect to harvest 45 tons of olives, allowing them to meet domestic demand for olive oil and table olives and export the rest.

Vineyard landscape featuring rolling hills, olive trees, and farmland in a rural setting. - Olive Oil Times
Business

Oct. 24, 2022

Producers in Abruzzo Seek PGI Certification

Farmers and producers in Italy’s fifth-largest producing region hope the PGI will add value to their olive oils and mitigate rising production costs.

A group of men and women holding olives while standing around a large pile of harvested olives. - Olive Oil Times
Production

Oct. 24, 2022

Montenegro Harvest Begins with Ancient Tree in Mirovica

Visitors and volunteers tasted early harvest oils and helped harvest the country's oldest tree.

A close-up view of a tray filled with dark black olives arranged in a uniform manner. - Olive Oil Times
Business

Oct. 17, 2022

Greece Hails Strong Presence in U.S. Table Olive Market as Exports Rise

Greece ranked second among table olives exporters to the United States in the first half of 2022 but received the highest prices.

Hands gripping a black plastic crate filled with fresh green produce, possibly herbs or vegetables. - Olive Oil Times
Business

Oct. 17, 2022

E.U. Green Lights €100M Subsidy for Italian Olive Millers

The recipients will be eligible to receive the state-aid to cover up to half of the expense of upgrading their mills to be more efficient and sustainable.

Shelves displaying a variety of olive oil bottles in different shapes and sizes. - Olive Oil Times
Business

Oct. 17, 2022

Olive Oil Aisles Result in Superior Supermarket Sales

Grouping all the olive oils in a single aisle and providing information about them resulted in an 18-percent increase in sales. Extra virgin olive oil sales rose 13 percent.

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Display of assorted fresh vegetables and fruits including artichokes, green beans, and oranges at a market. - Olive Oil Times
Business

Oct. 17, 2022

Italy’s Organic Food Sales More than Doubled in the Past Decade

The value of organic agricultural exports also rose by 181 percent in the same period. Wine led the way, but extra virgin olive oil was not far behind.

A motion blur image of various olives being processed, showing a mix of colors and types. - Olive Oil Times
Production

Oct. 17, 2022

Olive Oil Production to Fall 25%, European Commission Predicts

All of Europe’s main producing countries, with the exception of Greece, are expecting significant production drops. However, some believe the forecast is too pessimistic.

A person sitting at a table with flags of Croatia and another entity displayed on stands. - Olive Oil Times
The Best Olive Oils

Oct. 13, 2022

Officials Congratulate Regional NYIOOC Winners at Ceremony in Split

Ahead of the harvest, olive growers from Split-Dalmatia County were congratulated for their 17 awards at the 2022 World Olive Oil Competition.

Line graph with upward trends displayed in yellow against a dark background. - Olive Oil Times
Business

Oct. 13, 2022

Olive Oil Prices Hit Record Highs in Spain After 'Unprecedented' Market Events

Prices for all grades of olive oil shot up after the Spanish and Andalusian governments released official harvest estimates well below initial expectations.

Olive harvesting machine positioned among olive trees in a grove. - Olive Oil Times
Production

Oct. 12, 2022

After Initial Optimism, Mixed Results for Australian Producers

Torrential rain resulted in no harvests for some regions of Australia, while others enjoyed similar yields to last year’s record-highs.

A landscape featuring olive trees in a golden field under a blue sky with clouds. - Olive Oil Times
Production

Oct. 12, 2022

Tunisian Olive Oil Production Falls to 23 Percent Below Five-Year Average

Low rainfall levels in the winter and spring, frequent heat waves and the unrelenting drought were attributed to the production drop.

Olive trees in a grove with a pathway and yellow flowers in the foreground. - Olive Oil Times
Business

Oct. 12, 2022

Rising Production Prices Force Some Farmers in Sicily to Forgo Harvest

As the harvest season tentatively opens, some farmers have decided not to harvest, while others are working with local authorities to agree on fixed prices.

A large container ship named NYK LINE docked at a busy port surrounded by colorful shipping containers. - Olive Oil Times
Business

Oct. 12, 2022

Olive Oil and Agri-Food Exports Rise Even as Italy Re-Enters Trade Deficit

Olive oil exports grew by 17 percent, and total agri-food exports increased by 18 percent in the first half of 2022. However, imports rose faster.

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