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Business / page 176

Apr. 1, 2021

Researchers Identify Main Types of Olive Oil Fraud, Propose Solutions

A scientific review identified the most prevalent types of olive oil fraud and proposed countermeasures including more cooperation among regulatory bodies.

Mar. 31, 2021

Biomass from Olive Groves Fuels Heineken Factory in Southern Spain

The factory will receive up to 6,000 tons of pruning waste annually from olive groves with a 90-kilometer radius of the factory.

Mar. 31, 2021

USDA Funds More Covid Relief Aid for Farmers

Along with extending additional aid to farmers who did not receive any in the previous round, the package adds funding for many other programs, including organic certification.

Mar. 17, 2021

Andalusia Launches Bid to Capture Emerging Indonesian Market

Euromonitor data projects that the value of olive oil sales in Indonesia will increase by 50 percent over the next half-decade. Andalusia hopes to capitalize on this growth.

Mar. 16, 2021

World Olive Oil Competition Receives Record Number of Entries

The NYIOOC World Olive Oil Competition announced it had received 1,171 entries for the 2021 edition, breaking the previous record of 1,003 set in 2018.

Mar. 16, 2021

New Legislation Aims to Limit Use of ā€˜California’ on Olive Oil Labels

Supporters of Assembly Bill 535 say it will protect California growers from unfair business practices. Detractors believe the bill punishes large producers and is unconstitutional.

Mar. 10, 2021

Tunisia Works With Producers to Add Value to Branded Exports

Olive oil exporters in Tunisia hope to double exports of bottled olive oil in the next five years. The government plans to help by easing bureaucratic hurdles and promoting quality.

Mar. 8, 2021

Creation of a MedDiet Label Key to E.U. Food Security and Sustainability, Report Says

The report argues that a renewed focus on the Mediterranean diet could help the region mitigate the impacts of climate change, promote sustainable agriculture and increase food security.

Mar. 5, 2021

Europe, U.S. Agree to Freeze Tariffs for Four Months

The decision came after a phone call between the U.S. president and European commissioner and will give the two sides time to negotiate a new trade deal.

Mar. 5, 2021

Costco Poised for Upturn in U.S. Olive Oil Consumption

Trends seen at America’s fourth-largest retailer may predict where the olive oil sector is going.

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Mar. 4, 2021

Exports and Prices Are Looking Up in Greece

The limited supply of extra virgin olive oil in Europe has created the conditions for an upward trend in producer prices in Greece following an uptick in exports.

Mar. 3, 2021

Mauritania Seeks to Join Olive Council

The West African nation and IOC will work together to promote olive cultivation, olive oil consumption and establish quality control measures.

Mar. 3, 2021

Pressure Mounts in Greece to Settle Dispute Over Kalamata Appellation

Producers are asking the government to repeal a law allowing the term ā€˜Kalamata’ to be used outside of Messenia. A new PDO designation could be the solution.

Feb. 25, 2021

Extreme Weather Takes Toll on Andalusian Olive Harvest

Production is expected to be around 300,000 tons lower than previously estimated, according to the regional government.

Feb. 24, 2021

Spanish Exports of Bottled Olive Oil to U.S. Drop 80 Percent

The news comes as Spain’s Food Information and Control Agency announced that production would be about 200,000 tons lower than initially estimated.

Feb. 24, 2021

Hardships in Lebanon Shift Focus to Exports

A devaluing local currency coupled with the scarcity of hard currencies has made production more expensive. Producers are turning to exports as a solution.

Feb. 18, 2021

Project Helps Growers Prepare for Challenges Posed by Climate Change

By collecting raw climatic data from around the region, the Med-Gold project aims to be a useful tool for the agriculture sector.

Feb. 17, 2021

Bringing Olive Oil Tourism to Greece’s Most Popular Island

Anita Zachou is determined to turn Mykonos into a leading olive oil tourism destination, even though the island produces no EVOO of its own.

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