prices / page 33
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 Business
Price for Italian Extra Virgin Olive Oil Drops to '09 Levels
Jan. 6, 2012 Business
Oct. 10, 2011 Business
Acesur's Gonzalo Guillén: Spain is "Exporting the Wrong Image"
Sep. 29, 2011 Europe
European Commission OKs Payments for Six Months of Olive Oil Storage
Sep. 19, 2011 Business
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.
May. 10, 2011
Minister Aguilera Announces Plan for Olive Oil Market Restructuring
The agriculture and fisheries minister said "we need to look outside of Spain because we’re witnessing growth of olive oil production in other Mediterranean countries that are going to compete with Andalusia.”
Apr. 28, 2011
High Level Meeting to Address Low Olive Oil Prices and Industry Fragmentation
While still hoping for some temporary respite from low prices via EU private storage measures, stakeholders will gather on May 20 to consider changes with longer-term impacts.
Apr. 17, 2011
Spanish Watchdog Says Private Storage Aid Potentially Anti-Competitive
With a decision imminent from Brussels private storage aid for Spain's struggling olive oil sector, the head of the competition authority poured cold water on the measure, calling it potentially anti-competitive.
Apr. 1, 2011
Ciolos: Storage Aid Would Be Nothing But an "Aspirin"
The EU commissioner called on the Spanish regional governments to address structural problems in the olive oil sector and again rejected calls for the provision of private storage aid.
Mar. 29, 2011
Thousands to Welcome Cioloş in Cordoba Friday with Calls for Storage Aid
10,000 people will gather in Cordoba Friday during a visit by European Commissioner for Agriculture Dacian Cioloş to call for the immediate provision of private storage aid for olive oil.
Mar. 18, 2011
Commissioner Says He Will Analyze Spain's Call for Private Storage Aid
European Commissioner for Agriculture Dacian Cioloş said he would closely examine Spain's case but reiterated he saw no proof of a "serious market disturbance" requiring bulk storage payments.
Mar. 16, 2011
Argentina’s Olive Oil Industry Continues to Face Challenges
The situation has only gotten bleaker for Argentina’s flailing olive oil industry, which finds itself in a financial predicament driven by stagnant prices and rising production costs.
Mar. 14, 2011
Spanish Wholesalers: Don't Blame Us for the Olive Oil Crisis
The average Spanish consumer knows the price of olive oil per liter much like people elsewhere know the price of milk and gasoline, causing stores to use it as bait.