olive oil prices

Mar. 4, 2021

Exports and Prices Are Looking Up in Greece

The limited supply of extra virgin olive oil in Europe has created the conditions for an upward trend in producer prices in Greece following an uptick in exports.

Feb. 24, 2021

Hardships in Lebanon Shift Focus to Exports

A devaluing local currency coupled with the scarcity of hard currencies has made production more expensive. Producers are turning to exports as a solution.

Jan. 15, 2021

Apulian Producers Call for More Government Support for Olive Oil Sector

Olive oil prices in Puglia continue to slide despite lower production in 2020. Coldiretti believes the government must do more.

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Nov. 18, 2020

Second Wave of Covid Hampers Harvest in Greece

A newly-imposed lockdown has brought Greece to a standstill and created a logistical nightmare for olive growers. Some health experts believe the start of the harvest is partly responsible for the spread of the virus.

Nov. 10, 2020

Europe Allows Cooperatives in Spain to Regulate Supply

After years of lobbying Brussels, Spanish cooperatives will now be able to voluntarily withdraw surplus olive oil from the market.

Oct. 27, 2020

Olive Oil Consumption Set to Outpace Production For a Change

Consumption is projected to reach 3.14 million tons while production slips in the 2020 campaign, finally reversing the downward price trends.

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.

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.

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.

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.

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.

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.

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.

Jan. 27, 2020

EU Aid Not Helping Croatians, Official Says

The third tendering period for European Union producers seeking private storage aid for olive oil has just opened. However, one Croatian olive oil official argues that the aid does not help producers in small countries.

Jan. 16, 2020

Olive Oil Times Survey Shows a Better Harvest, While Challenges Persist

Producers around the world were asked to rate this year's harvest and share their concerns. Climate change, low prices and a lack of consumer knowledge are at the top of their minds.

Jan. 10, 2020

New Year, Same Problems for Greek Olive Oil Producers

Olive oil production varied from area to area, but uniformity of low prices was a constant across all of Greece.

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.

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