prices / page 9

Jul. 13, 2022

Agricultural Incomes Rise in Andalusia, Boosted by Resurgent Olive Oil Sector

Andalusian agricultural income exceeded €10 billion for the first time, spurred on by a 77-percent increase in the value of its olive oil production.

May. 16, 2022

Rising Prices Contribute to Spike in Olive Thefts in Jaén

The increase in thefts, which mainly involve criminal organizations stealing harvested olives from the field or the mills, was largely attributed to rising prices.

May. 4, 2022

Olive Oil Market Stable in E.U. Short-Term Outlook

Despite the war in Ukraine, olive oil prices are expected to remain steady. E.U.production and consumption will rise. Exports will fall.

Jan. 17, 2022

After Big Gains, Spanish Olive Oil Prices Begin Year Steady

Growing consumption outside of the Mediterranean basin coupled with a strong 2021 harvest in Spain and weaker harvests elsewhere saw prices rise €3.00 per liter.

Dec. 29, 2021

Italy Implements European Law Prohibiting Sale of EVOO Below Cost

A senior official at Assitol said the law is needed to protect small producers and growers from unsustainable business practices.

Dec. 22, 2021

Boundary Bend Co-Founder: Quality and Investment Are Key to Olive Oil’s Future

Rob McGavin said the industry needs to work together to succeed long-term, from technology-based solutions to emphasizing extra virgin olive oil’s health benefits.

Dec. 16, 2021

Harvest Unfolds with Mixed Results in Greece

A modest yield is expected in most of the producing regions of the country, with many producers pinning their hopes on quality.

Nov. 16, 2021

Higher Prices Blamed for Drop in Spanish Exports

Fourteen months of steadily increasing olive oil prices have come as a blessing to many producers, while exporters face resistance.

Oct. 20, 2021

European Olive Oil Exports Expected to Recover as Costs Rise

The latest short-term projections show limited growth in exports and steady production. While olive oil prices rose last year, so did production costs.

Sep. 29, 2021

Producers in Istria Brace for a Disappointing Harvest

Producers on Croatia’s northwestern peninsula expect a decrease of up to 80 percent compared with last year’s yield.

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Sep. 1, 2021

Turkey Lifts Ban on Bulk Olive Oil Exports Ahead of Schedule

The government said it implemented the ban to prevent price speculation and protect small producers. However, many producers largely opposed the prohibition.

Aug. 24, 2021

Algerian Farmers in ‘State of Shock’ After Week of Deadly Fires

While the damage to olive groves has yet to be fully assessed, some experts believe the fires will impact the 2021 harvest and prices.

Aug. 6, 2021

Positive Signs for Olive Oil Sector in E.U. Report

The European Commission expects olive oil exports to hit a record high in 2021. Growing demand, decreasing imports and a steady supply suggest prices will rise too.

Aug. 2, 2021

Report: Only One-Third of Italian Olive Oil Producers Are Competitive

A report from the Institute of Services for the Agricultural and Food Market addressed Italy’s growing olive oil trade deficit, with production stagnant over the past half-decade while imports and consumption climb.

Jul. 29, 2021

Trucker Shortage, Pay Increases Hit U.S. Olive Oil Market

A sharp increase in truckers' wages has caused a spike in olive oil prices.

Jul. 20, 2021

Edible Oil Prices Expected to Keep Increasing, Olive Oil Levels Remain Steady

Poor harvest outlooks for major edible oil crops paired with steady demand means prices will likely rise until 2022 analysts say.

May. 25, 2021

Vegetable Oil Prices Rise While Olive Oil Prices Remain Steady

Prices of rapeseed, soybean and palm oils increased in the first half of the year due to strong global demand and precarious supply.

May. 24, 2021

Global Olive Oil Production Will Hit Four-Year High, USDA Estimates

Increasing production paired with rising vegetable oil prices is also expected to yield record exports and olive oil consumption levels.

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