Business / page 164

Aug. 29, 2019

Climate Change Poses Threat to Global GDP, Study Finds

New data reveals that global GDP per capita will decrease by 7.22 percent by 2100 if average global temperatures continue to rise. For several olive-producing countries in the Mediterranean basin, the figure may be much higher.

Aug. 29, 2019

EU Agriculture Commissioner Pledges Support for Spanish Olive Sector

Phil Hogan has promised to intervene in order to protect the interests of Spanish olive oil producers if prices do not rebound. Varied production forecasts and trade uncertainties make it unclear whether this will happen.

Aug. 28, 2019

Producers in California Expect a Return to Normal Yields This Season

The California Olive Oil Council estimates that olive oil production will reach about 4.0 million gallons this year, a 135 percent increase compared with last year's dismal harvest.

Aug. 19, 2019

Olive Oil Production Expected to Decrease Significantly in Spain

Estimates from a coalition of olive oil producing cooperatives estimate that this year's harvest may be the lowest since the 2014/15 season.

Aug. 12, 2019

Corto Olive and Gemsa Reach Settlement in Trademark Dispute

Gemsa Enterprises agreed to stop using packaging materials that Corto Olive claims infringed its 51-49 trademark, but stopped short of admitting fault.

Aug. 9, 2019

Producers and Exporters Eagerly Await Ratification of EU-Mercosur Deal

The trade deal will eliminate tariffs on both Mercosur and E.U. exports and creates the world's largest bloc of olive oil consumers and producers.

Aug. 9, 2019

PGI Olio Lucano for Olive Oil From Basilicata Underway

The product specification of the IGP Olio Lucano is waiting for E.U. approval.

Aug. 8, 2019

Tunisia Predicts a Bumper Olive Harvest

A strong season would be a ray of light for the North African country, which has been thrown into a heightened state of political turmoil by the recent death of president Beji Caid Essebsi.

Aug. 7, 2019

Olive Oil Prices Set to Rise in Israel as Import Quotas Run Out

Ahead of the Jewish holiday season, olive oil prices are likely to increase. Custom duty waivers on imported oil are expected to run out by the start of October.

Aug. 5, 2019

Greece Asks for Exemption From U.S. Tariffs on E.U. Products

The Greek minister of Agriculture cited the close relations between the two countries in a request to not be drawn into a trade war.

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Jul. 30, 2019

Documents Detail Exclusion of Israeli Representative at Olive Council Meeting

Documents reviewed by Olive Oil Times provide a detailed chronology of events that took place on the day of a key Council of Members meeting. The IOC denies it intentionally barred the Israeli proxy from attending.

Jul. 29, 2019

Musco Reaches Quota for Signing New Olive Grower Deals

The Musco Family Olive Company said that it is unable to offer any more new contracts to olive farmers whose previous ones were canceled by Bell-Carter earlier this year.

Jul. 26, 2019

Israel Accuses Olive Council of Blocking Access to Key Meeting, Sources Say

After its proxy representative was refused entrance to a Council of Members meeting, Israel said in a written complaint that it would not accept any of the decisions made in the session.

Jul. 25, 2019

U.S. and E.U. Olive Oil Sectors Anxiously Await Trade Ruling

The imposition of tariffs on European Union olive oil exports to the United States would hurt farmers, raise prices in America and be difficult to undo.

Jul. 23, 2019

Donations Help Fund Research and Award-Winning Production at UC Davis

Recent donations have allowed the leading U.S. olive oil research center to invest in new equipment, expand their olive groves and improve production.

Jul. 22, 2019

EU-Mercosur Agreement Paves the Way for Tax-free Agricultural Trade

It is the largest deal the EU has struck in terms of tariff reduction, and also the one that has raised most concerns for repercussions on various business sectors and the environment.

Jul. 22, 2019

Use of Fungus Found Effective Against Carriers of Xylella

The preliminary results of a field trial show that the Beauveria bassiana fungus reduced the number of meadow spittle bugs, which carry Xylella fastidiosa, by 80 percent.

Jul. 17, 2019

Brussels Will Work With Spanish Cooperatives on Self-Regulation

Spain's Ministry of Agriculture, Fisheries and Food said that the European Commission had agreed to work with olive oil cooperatives to apply self-regulation measures.

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