olive oil prices

Feb. 28, 2020

E.U. Tenders for Private Storage Conclude

The fourth and final tender for private storage aid succeeded in withholding more stocks from the European olive oil market to ease pressure on prices.

Feb. 17, 2020

Olive Oil Promotions Boost Retailers' Sales, but With a Hidden Cost

Using extra virgin olive oil as a loss-leader allows food retailers to draw customers in a challenging economy, but the olive growers and mills are the ones paying the price.

Feb. 12, 2020

Spain's Olive Oil Sector Calls for More Protests

Five of the country's main agricultural organizations plan to occupy town squares across the province of Jaén, demanding higher prices for olive oil and more support for traditional groves.

Feb. 12, 2020

Third Tender for Storage Aid Concludes, EU Calls for Patience

With 171,000 tons of olive oil removed from the market with no significant effect on olive oil prices, the European Commission said it expects results in due course.

Feb. 12, 2020

Italian Producers Shortchanged in EU Funding

Italian farmers say recent rounds of funding were directed mainly to their competitors in Spain, Greece and Portugal.

Feb. 6, 2020

Amid Protests, Spain's Agriculture Minister Pledges Support to Farmers

Luis Planas has announced a number of measures aimed at helping producers cope with low prices and increasing production costs. He also met with olive oil producers to discuss self-regulation.

Dec. 30, 2019

Spanish Olive Oil Group Demands Answers From Prime Minister

The Interprofessional demanded to know how the government would help struggling producers and retaliate against U.S. tariffs.

Nov. 14, 2019

European Commission Announces Storage Aid

The storage aid scheme aims to stabilize the current imbalance in the E.U. olive oil market.

Oct. 15, 2019

European Commission Will Allow Self-Storage

The announcement comes as low prices continue to cause hardship for olive growers and oil producers.

Oct. 10, 2019

Tens of Thousands Protest Olive Oil Prices in Madrid

Protestors called on the Spanish government and European Union to change how the industry is regulated, help producers cope with low prices and protect Spanish olive oil from U.S. tariffs.

Oct. 10, 2019

Spain Reacts to U.S. Tariff on Olive Oil

The announcement of the U.S. tariffs comes as protestors head to Madrid to demand action on low olive oil prices. Government officials fear Andalusia, one of Spain's poorest regions, will be hit the hardest by the tariffs.

Aug. 29, 2019

EU Agriculture Commissioner Pledges Support for Spanish Olive Sector

Phil Hogan has promised to intervene in order to protect the interests of Spanish olive oil producers if prices do not rebound. Varied production forecasts and trade uncertainties make it unclear whether this will happen.

Aug. 7, 2019

Olive Oil Prices Set to Rise in Israel as Import Quotas Run Out

Ahead of the Jewish holiday season, olive oil prices are likely to increase. Custom duty waivers on imported oil are expected to run out by the start of October.

Feb. 7, 2018

Portugal's Rising Exports Fuel Demand for Imports

Researchers found that most positions are taken in the olive oil market of Portugal, but there is always room for new players.

Nov. 3, 2017

Spanish Olive Oil Prices Increase with Lower Productoin

Retail olive oil prices in Spain are expected to rise due to a production decrease of 15.8 percent in Andalucia as a result of the droughts that affected the region this year.

Feb. 28, 2017

EVOO Prices in Spain Close in on €4

Olive oil prices continue their steady rise and with the highest rates usually paid at the season's end, there's little consensus on how high they'll go.

Feb. 21, 2017

Britain's Olive Oil Prices Reach a Seven-Year High, Hitting Restaurateurs

"Olive oil is becoming a luxury," said Francesco Mazzei, who runs Sartoria Italian restaurant in London.

Feb. 11, 2017

Table Olive Sales Open Year Sharply Higher

Sales of table olives were sharply higher in China, Australia, Canada, Japan, and Brazil for the first two months of the current campaign, according to the International Olive Council, while olive oil prices have risen dramatically.

Jan. 26, 2017

Brexit, Poor Harvests Cause Spike in Olive Oil Prices

Poor harvests in Europe and the uncertainty following the Brexit vote have caused olive oil price spikes of up to 20 percent in the UK.

Nov. 26, 2016

Uncertainty Leads to Higher Prices in Spain

Skewed data and a killer disease have cast a sense of anxiety over the Spanish olive oil market. Production has decreased and olive oil prices are likely to spike.

Nov. 21, 2016

Sharp Rise in Olive Oil Prices Expected in Britain

Olive oil prices in Britain is expected to rise drastically as the world?s biggest olive oil producers are experiencing a severe decrease in their harvests.

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