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prices / page 32

Aug. 29, 2012

Olive Oil Prices Soaring in Spain

Bulk prices for extra virgin olive oil have shot up 57 cents in Spain amid gloomy harvest forecasts for the next season, which starts in a month.

Aug. 2, 2012

Producer Prices Rally in Spain

The farmgate price for olive oil is finally on the up in world production leader Spain, which some are attributing to expectations that after three years of bumper harvests the next will be a lean one.

Jun. 19, 2012

Cioloş Unveils Plan for Ailing Olive Oil Sector

A new grade of olive oil is among changes that could spring from an action plan for Europe’s ailing olive oil sector.

Feb. 8, 2012

EU Offers Olive Oil Storage Aid Amid Tumbling Prices

The European Commission is set to subsidize the temporary storage of 100,000 tons of olive oil in a bid to bolster dismal farm-gate prices.

Jan. 24, 2012

Woolworths Agrees to Offer Kailis Organic Olive Oil Under Private Label

Woolworths has agreed stock the failed company's olive oil as part of its "Macro Wholefoods Market" range.

Jan. 22, 2012

Spain Looks for Solutions on Olive Oil Prices, Quality

Spain is pushing for European Commission aid to bulk store extra virgin olive oil until its price improves and is debating other measures to improve quality and sustain the ailing sector.

Jan. 17, 2012

Price for Italian Extra Virgin Olive Oil Drops to '09 Levels

The producer price for Italian olive oil returned to the levels of 2009. Imports rose in Brazil, Europe and North America, but fell in Japan and Australia, according to new data.

Jan. 6, 2012

Olive Oil Prices in Spain Extend Historic Lows at Year-End

Falling prices, decreased production and poor sales have left Spain's olive oil sector in a state of disarray, though government is working to develop reparative initiatives.

Oct. 10, 2011

Acesur's Gonzalo Guillén: Spain is "Exporting the Wrong Image"

In an interview with Spain's El Economista, Acesur CEO Gonzalo Guillén spoke frankly of Spain's olive oil image problem and his company's plans for international expansion.

Sep. 29, 2011

European Commission OKs Payments for Six Months of Olive Oil Storage

The European Commission announced today that it will provide private storage aid enabling up to 100,000 tons of Spanish virgin olive oil to be stored for six months.

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Sep. 19, 2011

Virgin Olive Oil Prices Hit Trigger Level for European Aid

The average price for virgin olive oil is now so low in Spain that the European Commission has no choice but to subsidize storage until the market improves, the Spanish government and olive oil producers said today.

Aug. 17, 2011

Tough Time for Spain’s Olive Oil Stock Market

Between July 12 and August 12, sales transactions between producers and traders fell to 24,484 tons, representing a 53 percent drop from the previous month.

Aug. 11, 2011

Andalusian Olive Oil Producers Facing Fourth Straight Year of Losses

Andalusia's olive oil producers are facing their fourth consecutive year in the red having already accumulated a loss of 600 million euros ($851 million) this season.

Jun. 23, 2011

Andalusia Pledges €40M for Producers, Rules Out More Origin Designations

The Andalusian regional government has allocated 40 million euros ($56.6m) to provide short-term loans so its olive oil producers can avoid selling at a loss.

Jun. 14, 2011

European Imports of Olive Oil Sharply Higher in Latest Report

Imports of olive oil into the European Union were up 27 percent in the five months to February, according to the International Olive Council’s May market newsletter, released today.

May. 27, 2011

Commissioner's Answer Still "No" to Aid for Private Olive Oil Storage

Despite receiving a petition with 50,000 supporting signatures from Spain alone, the European Commission today stood firm on its rejection of calls for the introduction of private storage aid for olive oil.

May. 24, 2011

Stagnant Prices, Uncertainty Take Toll on Olive Oil Futures

Flat prices and economic uncertainty are dampening Spain's fledgling olive oil futures exchange, which last year got into the black for the first time.

May. 19, 2011

Aguilera: Use Origins to Inform Consumers, Lift Prices

The regional government says that differentiation via denominations of origin, would help consumers make informed choices in the supermarket.

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