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olive oil prices

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.

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

Jan. 31, 2020

Olive Oil Producers and Farmers Across Spain Demand 'Measures of Support'

Farmers across Spain, organized by the main cooperatives and associations, are protesting for better prices and government measures to help ease the burden of increasing production costs.

Business

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.

Business

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.

Business

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.

Business

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.

Europe

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.

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

Jan. 29, 2019

Olive Oil Consumption Falling Among Spain's Youth

A new report released by a Spanish university indicated that a number of factors are contributing to the decrease in local consumption and predicted that it may not recover.

Business

Jul. 20, 2018

Trump Trade War Poses Problems for Oilseed and Vegetable Oils

Chinese tariffs on American farmers have tanked prices of the two agricultural commodities. Olive oil appears to be weathering the storm, unaffected by these latest developments.

Business

Jun. 11, 2018

Spanish Olive Oil Prices Increase for First Time in Three Months

After a precipitous fall, olive oil prices have crept back up in Spain. However, producers are divided on whether this trend will continue.

Europe

Mar. 26, 2018

Olive Oil Prices Slip in European Markets

Prices of olive oil show a decline from last year in Spain, Italy, and Greece.

Business

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.

Business

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.

Business

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.

Business

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.

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