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en English fr Français el ελληνικά it Italiano pt Português es Español tr Türkçe ja 日本語

olive oil prices

Business

Oct. 15, 2020

As EVOO Consumption Remains Strong in Italy, Producers Hope Prices Follow

A survey showed that 80 percent of Italians habitually buy extra virgin olive oil. Strong domestic consumption paired with poor harvests in Europe could lead to a rebound in prices.

Europe

Sep. 21, 2020

Some Signs Suggest Better Outlook for Greek Farmers

Lower yield predictions in Spain and Italy open new hopes for Greek olive growers as harvesting begins.

Business

Sep. 16, 2020

Climate and COVID Worry Farmers Preparing for Harvest

An Olive Oil Times survey reveals a season of growing uncertainties and challenges for olive oil producers.

Business

Aug. 31, 2020

Mounting Concerns in Greece as Harvest Nears

The impacts of the COVID-19 pandemic and persistently low olive oil prices remain the biggest worries for producers.

Business

Aug. 27, 2020

Italian Agricultural Agency’s Olive Oil Purchase Tenders Are Too Low, Farmers Argue

The Agency for Payments in Agriculture has awarded its €8 million tender. Skeptical farmers are questioning the criteria used to make the decision and have said the final amount of €2.28 is too low.

Business

Aug. 21, 2020

Spain's Farmers Welcome Low Harvest Forecasts

An official for one of Spain’s main agricultural unions argues that steadily rising global consumption paired with a decrease in production may lead to more demand for Spanish olive oil and cause prices to rise.

Business

Jun. 19, 2020

E.U. Olive Oil Stocks Fall by Estimated 23 Percent

The 23-percent drop comes as good news for producers, many of whom have spent the past year suffering from low olive oil prices, which are partially attributed to the high stocks.

Business

Jun. 11, 2020

Proposed Reforms to Spanish Olive Oil Sector Met With Skepticism

The Spanish government has put forward a package of 10 measures to help shore up the country's struggling olive oil industry.

Europe

Jun. 5, 2020

Farmers Blame Law Violators for Low Olive Oil Prices

An association of Spanish farmers said violations by large companies explain what is continuing to drive olive oil prices lower and called for whistleblower protections.

Production

Jun. 5, 2020

Unusual Spring Heat Brings Early Problems for Greek Farms

A heatwave during the critical flowering stage was enough to raise concerns among growers for their expected yields.

Business

May. 27, 2020

Agriculture Minister's Plea Bespeaks Turmoil in Spain's Olive Oil Sector

Distress on the international market, the COVID-19 aftermath and U.S. tariffs on imports stir the world's largest olive oil producer.

Business

May. 7, 2020

Producers: Spanish Olive Oil Prices Inconsistent With Market Conditions

Spanish farmers and growers have had to contend with sales prices well below the production costs for two seasons in a row. COAG is now demanding an official investigation on prices that have shrunk 37 percent since March 2018

Business

Apr. 21, 2020

Italian Production in 2019 Exceeds Initial Estimates

Italian olive oil production reached 365,000 tons, an increase of 110 percent compared to 2018 and 25,000 tons higher than initial estimates. Consumption, imports and exports also increased.

Europe

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.

Business

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.

Business

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.

Business

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.

Africa / Middle East

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.

Europe

Jul. 17, 2019

Brussels Will Work With Spanish Cooperatives on Self-Regulation

Spain's Ministry of Agriculture, Fisheries and Food said that the European Commission had agreed to work with olive oil cooperatives to apply self-regulation measures.

Business

Jul. 15, 2019

Spain Sees Largest Olive Oil Consumption Increase in Nearly a Decade

Olive oil consumption in Spain rose by more than three percent, the biggest increase since 2011. Falling prices and better education about extra virgin olive oil's health benefits are attributed to the increase.

Europe

Jun. 18, 2019

Rallies Planned to Protest Olive Oil Prices in Seville

Two agricultural advocacy groups have called on olive oil producers, olive growers and the public at large to protest low olive oil prices in the Andalusian capital.

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