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Business / page 153

Jan. 17, 2022

After Big Gains, Spanish Olive Oil Prices Begin Year Steady

Growing consumption outside of the Mediterranean basin coupled with a strong 2021 harvest in Spain and weaker harvests elsewhere saw prices rise €3.00 per liter.

Jan. 17, 2022

Less Support for Spain’s Traditional Growers in New CAP, Expert Warns

Instead of going directly to farmers, funds will be provided to producer organizations that fulfill the necessary criteria. Olive farmers are expected to lose out.

Jan. 10, 2022

Italy’s Farchioni Becomes First Major Olive Oil Company to Receive Sustainability Certification

The company's environmental reports fall in line with the Untied Nations’ 17 sustainable development goals, Italian authorities confirmed.

Dec. 22, 2021

E.U. Moves to Block Deforestation-Derived Imports, Including Some Palm Oil

A new European Commission proposal aims to significantly slash imports of commodities associated with deforestation, especially in Brazil, Indonesia and Malaysia.

Dec. 22, 2021

Boundary Bend Co-Founder: Quality and Investment Are Key to Olive Oil’s Future

Rob McGavin said the industry needs to work together to succeed long-term, from technology-based solutions to emphasizing extra virgin olive oil’s health benefits.

Dec. 18, 2021

Olive Cultivation Is Expanding in Georgia

Local olive farmers and the International Olive Council are working to expand olive growing using imported and native olive varieties.

Dec. 18, 2021

Catalonia Pledges €1M to Filomena Recovery, Rejects Most Aid Requests

Local olive farmers are angry after 65 percent of applications for recovery aid were rejected. They argue the authorities are underestimating long-term damage.

Dec. 17, 2021

Dogs and Drones: New Projects in Puglia Emphasize Early Detection Against Xylella

Using thermal sensing and the powerful noses of dogs, authorities in Puglia ramp up efforts to detect the latest outbreaks of Xylella fastidiosa before symptoms occur.

Dec. 17, 2021

New Efforts Underway to Restore Abandoned Olive Groves in Sardinia

Filiera Olivicola Sardegna is raising money to train and hire locals to restore abandoned olive groves in the northwest of the Mediterranean’s second-largest island.

Dec. 17, 2021

Greeks Are Consuming Less Extra Virgin Olive Oil

Greeks are among the top per capita consumers of olive oil in the world but have cut back on the highest grade.

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Dec. 16, 2021

Political and Economic Crises Complicate the Harvest in Lebanon

Rising production costs and a weak local currency have hampered the harvest for olive farmers.

Dec. 16, 2021

European Commission Predicts an Upward Trend in Production After This Year's Setback

Production and exports are expected to surge in Spain and Portugal. Italy will see modest production gains and fewer imports. Production in Greece is projected to fall.

Dec. 16, 2021

Harvest Unfolds with Mixed Results in Greece

A modest yield is expected in most of the producing regions of the country, with many producers pinning their hopes on quality.

Dec. 15, 2021

Olive Oil Exports to Exceed 1M Tons by 2030, E.U. Forecasts

Despite positive trade news, climate change and declining consumption present challenges for the sector in the coming decade.

Dec. 15, 2021

Extra Virgin Olive Oils Will Be Sent to Space in 2022

Italian astronaut Samantha Cristoforetti will bring seven extra virgin olive oils for her crew to enjoy with their meals and to see how the oils hold up in space.

Dec. 10, 2021

Harvest Underway in France with Varying Expectations

Challenges created by springtime frost and summer drought have led to an uncertain harvest forecast, with production predictions ranging from 3,000 to 5,000 tons.

Dec. 9, 2021

Centonze, a Forward-Looking Farm Rooted in Sicily's History

In western Sicily’s Belice Valley, Centonze produces award-winning extra virgin olive oil, celebrating the land and history, while focusing on sustainability and innovation.

Dec. 7, 2021

Up to 27 Million in Spain Face Water Shortages by 2050, Minister Warns

The southeast of Spain is at the highest risk. New investments in infrastructure and technology are critical to mitigating the impacts of the crisis.

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