prices / page 12

May. 6, 2021

Lower Yields in Tunisia Push Prices Higher

The growth in packaged olive oil exports has helped fuel the increase in prices per unit.

May. 3, 2021

Greek Producers Await Reopening of Restaurants, Tourism

Industry professionals believe that the reopening of the food businesses could put the stagnant market back in motion.

Apr. 22, 2021

Producers Puzzled by Turkish Ban on Bulk Olive Oil Exports

In a season where 220,000 tons were produced, Turkey has stopped bulk olive oil exports until the end of next October.

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.

Oct. 27, 2020

Prices Open Higher in Greece Amid Shortage of Laborers

Early seasonal prices have reached €3.80 per kilo while the lack of foreign workers has prevented some harvesting activities in Greece.

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.

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.

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.

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.

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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.

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.

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