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Business / page 177

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. 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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Feb. 17, 2021

Supporters of Nutri-Score Organize to Promote Its Adoption

Seven European countries have formed a body to promote the controversial front-of-pack label system and support research efforts.

Feb. 17, 2021

Italy Pledges Nearly €70M for Olive Oil and Table Olive Sector

The money will be used to improve quality, protect the environment and promote traceability in the sector until the Common Agricultural Policy takes effect in 2023.

Feb. 16, 2021

Olive Oil is Becoming One of Asia’s Most Popular Ingredients

Consumption and production are on the rise in Asia's two largest economies. Consumers still prefer imported brands to domestic ones.

Feb. 16, 2021

Spain Urges Talks on U.S. Tariffs

The move comes as the U.S. Trade Representative announced that it would not revise any of the tariffs currently in place on European imports.

Feb. 12, 2021

Remains of 2,500-Year-Old Mill Discovered in Italy

They believe it is the earliest olive oil mill found in Magna Graecia, a region that encompasses most of Italy's southern coastline, where ancient Greek colonists arrived 3,500 years ago.

Feb. 11, 2021

Catalan Producers Emphasize History and Sustainability in Tourism Initiative

The award-winning producers Mil & Un Verd are on a mission: preserve the historical structures and millennial olive trees of their estate while sustainably producing extra virgin olive oil from native varieties.

Feb. 10, 2021

Extra Virgin Olive Oil Consumption in Italy Rose in 2020, Production Slipped

Consumption edged upward in 2020, according to an industry group as production in the 2020/21 crop year turned out to be lower than initial estimates.

Feb. 10, 2021

UC Davis Olive Center Appoints New Director

Javier Fernandez-Salvador will join the UC Davis Olive Center as its executive director in June.

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