South America / page 6

Sep. 23, 2011

American Investor Argentine Olive Ranch Buys San Juan Plantation

According to a report, an investment group headed by Ralph Rybacki will put up $11.9 million towards the purchase of a 2,471 acre olive plantation and the construction of a new olive oil factory.

Jul. 7, 2011

Chilean Olive Oil Continues Gains

Chile exported an unprecedented 1,522 tons of olive oil during the first five months of 2011, marking a 221 percent increase. The United States accounted for 40 percent of sales.

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.