Spanish Olive Exports to US Plummet Since Tariffs Imposed
The tariffs are slowly redefining the global table olive trade as new producers fill the void left by Spain in the U.S. market and Spanish growers look to the east to sell their crop.
New Project Could Turn Olive Oil Byproducts Into Revenue Stream
Olive oil pomace and wastewater are broken down into protein and phenolic isolates, both of which can be used in various industrial applications from pet foods to cosmetics.
The European Commission to Monitor Prices of Agricultural Goods
E.U. member states will have to send prices of products regularly to the Commission. Prices will be sent once a week for olive oil and once a month for organic olive oil and table olives.
150,000 Liters of Fraudulent Oil Seized by Europol
The criminal organization responsible for the olive oil fraudsters pocketed nearly $9 million annually from their illicit activity.
The European Commission predicts that high worldwide demand combined with decreased production in non-E.U. countries will result in record E.U. exports for 2018/2019.
Brussels to Monitor Olive Oil Prices
Olive-producing countries are showing mixed signals in terms of prices and production despite the market’s relative stability, according to an EU commissioner.
A World Trade Organization decision found that the E.U. has unfairly subsidized plane manufacturer Airbus. The result could be retaliatory tariffs on numerous E.U. goods, including olive oil.
Report Warns of White Collar Crimes and ‘Mafia 3.0’
Threats to the olive oil sector are changing as white collar crimes become more prevalent, officials said.