Business

North America

Greek Table Olive Exports Slowing Down

Low output, setbacks in quality and higher prices are leading foreign buyers to look elsewhere.

Higher Production in Spain Leads to Lower Prices

Olive oil production in Spain has increased by 33 percent compared to the previous campaign. Sales have increased compared to previous years as well.
Business

Signs of Hope in Palestine’s Olive Oil Sector

Free trade deals with Indonesia and the U.K. could provide Palestinian producers with ample export opportunities. The prospects of another poor harvest may complicate this.

After Tough Harvest, Producers in Crete Ask for Compensation

The small quantity of olive oil that was produced in Crete remains idle since there is no demand from buyers abroad. Producers are demanding compensation.
Business

Ban on Trans Fats in NYC Restaurants Reduces Cardiovascular Risk

A recently published study found that overall trans fat levels had fallen by around 57 percent and people who frequently dined out benefited from a greater decrease of around 62 percent.

Croatia and Slovenia Receive Joint EU Protection for Istrian Olive Oil

The two Balkan states now share the European Union PDO appellation for extra virgin olive oil produced on the Adriatic peninsula.
Business

35,000 Tons of Stolen Syrian Olive Oil May Already Be in Europe

This figure represents about half of the olive oil that has reportedly smuggled out from Afrin. A new pro-Turkish ally in the occupied Syrian territory denies the oil "was stolen" at all.

Italian Trade Group Proposes New Classification for Extra Virgin Olive Oil

A proposal to lower the acidity threshold value of the extra virgin olive oil from 0.8 to 0.5 percent was presented by the consortium of Italian olive oil producers at a conference in Rome.