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olive oil prices

Business

Jul. 20, 2020

E.U. to Allow Member States to Regulate Olive Oil Supply

The decision comes as the three main institutions responsible for legislation in the trading bloc agreed on an extension to the Common Agricultural Policy. Spain’s main agricultural cooperative has welcomed the move.

Business

Jul. 6, 2020

As Covid Cases Drop in Spain, Plans to Protest Ramp Back Up

Olive growers and oil producers are resuming their public campaigns calling for more support for a sector in turmoil.

Business

Jun. 29, 2020

Production Declines Again in Argentina

While some producers simply entered an off-year in 2020, others had trouble finding workers to harvest their olives. Low global olive oil prices have also made production less profitable for all in the sector.

Business

Jun. 25, 2020

Decline in Exports Add to Troubles for Puglian Producers

Exports are down and storage facilities are full in Puglia while farmers and local politicians call for urgent support.

Business

Jun. 24, 2020

Spain Bets on Biorefineries to Find New Revenue for Small Producers

Olive oil producers and researchers are working to bring biorefineries to rural producers in Andalusia. The goal is to supplement revenues while making mills more sustainable.

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

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.

Business

Apr. 21, 2020

Mixed Fortunes for European Olive Oil Sector Amid COVID-19 Pandemic

Olive oil consumption has crept up as a result of the pandemic and prices of extra virgin, virgin and lampante olive oils have started to stabilize. However, both exports and imports are expected to fall.

Europe

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.

Europe

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.

Business

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.

Business

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.

Business

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.

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.

Business

Jun. 17, 2019

Spain Seeks Self-Regulation for Olive Oil Sector

Spain's Ministry of Agriculture, Fisheries and Food has asked the European Union whether its olive oil sector can self-regulate. Advocates hope the measure will stabilize olive oil prices.

News Briefs

Jun. 6, 2019

Thousands Protest Olive Oil Prices in Jaén

Dozens of riot police were deployed to prevent protestors from entering the municipal government building. Farmers are angry that olive oil prices continue to decrease.

Business

Jun. 4, 2019

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.

Europe

May. 29, 2019

No Consensus on This Year’s Production in Greece

Estimates of this year’s olive oil production by key stakeholders offer contrasting pictures of the quantities of extra virgin olive oil that may be available on the Greek market for this season.

Business

Apr. 18, 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.

Business

Mar. 20, 2019

Spanish Officials Determined to Investigate Price Decreases

In spite of poor harvests around most of the Mediterranean basin and a good one in Spain, olive oil prices continue to fall. Producers and their allies are demanding an investigation.

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