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Business / page 402

Apr. 28, 2011

High Level Meeting to Address Low Olive Oil Prices and Industry Fragmentation

While still hoping for some temporary respite from low prices via EU private storage measures, stakeholders will gather on May 20 to consider changes with longer-term impacts.

Apr. 27, 2011

India’s Olive Oil Imports Sharply Higher

The rising consciousness of the Indian consumers about healthy foods helps the effort to promote olive oil as an alternative to the traditional cooking oils used by the average Indian household.

Apr. 17, 2011

Spanish Watchdog Says Private Storage Aid Potentially Anti-Competitive

With a decision imminent from Brussels private storage aid for Spain's struggling olive oil sector, the head of the competition authority poured cold water on the measure, calling it potentially anti-competitive.

Apr. 5, 2011

Spanish Olive Oil Exports Boosted by Emerging Markets

Spain, the world's leading producer of olive oil, is maintaining its position on top of the industry's pecking order, with most of its growth tied to new markets.

Apr. 3, 2011

Catamarca Unveils New Research Facility for Olive Oil Production

"Producers will gain access to technical assistance in the field and at the pilot plant with the aim of improving the quality of their products." - Flavio Fama, National University of Catamarca

Apr. 1, 2011

Ciolos: Storage Aid Would Be Nothing But an "Aspirin"

The EU commissioner called on the Spanish regional governments to address structural problems in the olive oil sector and again rejected calls for the provision of private storage aid.

Mar. 29, 2011

Details Expected Thursday on Investigations Into Deodorized Olive Oils

The Corpo Forestale will hold a highly anticipated news conference in Rome Thursday about its recent investigations into deodorized olive oils and supply chains.

Mar. 29, 2011

Olive Oil Scandal in Lebanon Leads to Calls for Reform

Despite all the benefits of olive oil, it can stil be risky to eat in Lebanon where recently it was reported that there several olive oil brands contained toxic chemicals

Mar. 29, 2011

Thousands to Welcome Cioloş in Cordoba Friday with Calls for Storage Aid

10,000 people will gather in Cordoba Friday during a visit by European Commissioner for Agriculture Dacian Cioloş to call for the immediate provision of private storage aid for olive oil.

Mar. 23, 2011

California Olive Oil Council Elects Board Members

Elections had something to do with the record number of attendees at the annual meeting of the California Olive Oil Council. Members voted to fill six seats on a board of thirteen members.

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Mar. 22, 2011

Spain Pulls Ahead in Olive Oil Sales to China

The battle for dominance within China’s olive oil market is still very much underway but Spanish producers are now said to be pushing ahead.

Mar. 18, 2011

Commissioner Says He Will Analyze Spain's Call for Private Storage Aid

European Commissioner for Agriculture Dacian Cioloş said he would closely examine Spain's case but reiterated he saw no proof of a "serious market disturbance" requiring bulk storage payments.

Mar. 16, 2011

Argentina’s Olive Oil Industry Continues to Face Challenges

The situation has only gotten bleaker for Argentina’s flailing olive oil industry, which finds itself in a financial predicament driven by stagnant prices and rising production costs.

Mar. 14, 2011

Spanish Wholesalers: Don't Blame Us for the Olive Oil Crisis

The average Spanish consumer knows the price of olive oil per liter much like people elsewhere know the price of milk and gasoline, causing stores to use it as bait.

Mar. 13, 2011

Italian Police Seize Spanish Olive Oil

Police made the decision to impound 54,000 liters of olive oil en route from Spain Friday after discovering that it was being falsely passed off as Italian.

Mar. 11, 2011

New Figures Show Growth in Imports and Higher Prices for Italian Olive Oil

Most countries saw imports rise from a year ago, and while the olive oil pricing crisis raged in Spain and Greece, Italian olive oil continued to command a premium.

Mar. 10, 2011

Change in the Air at California Olive Oil Council Meeting

There was a sense at this week's meeting in Monterey that the local industry stood at a pivotal moment with unprecedented challenges and opportunities.

Mar. 3, 2011

Spain's Farmers Call for a Clamp-Down on Olive Oil Price Abuses

A form of “commercial terrorism" is being committed by distributors taking advantage of their dominant market position, according to Spain's association of small farmers.

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