olive oil prices / page 2

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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.

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.

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.

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.

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.

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.

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

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.

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.

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