The world’s seven largest olive oil-producing countries are expected to yield 1.97 million tons in the 2023/24 crop year, 23 percent below the average of the previous four campaigns.

A landscape view of an olive grove featuring several mature olive trees under a partly cloudy sky. - Olive Oil Times

Production

Oct. 26, 2023

Extremadura Bucks the Trend of Below-Average Harvests in Spain

A steady increase in the number of intensive olive groves in the region may explain the rise in production.

Olive trees growing in a field with yellow flowers in the foreground and rows of trees in the background. - Olive Oil Times

Oct. 23, 2023 Business

Rising Prices, New Technology Attract Private Equity Interest in Olive Oil

A hand gently touching an olive branch with unripe green olives and leaves. - Olive Oil Times

Oct. 12, 2023 News Briefs

Researchers Identify Three Olive Varieties Resistant to Pervasive Fungus

Expansive olive grove with rows of olive trees and distant mountains in the background. - Olive Oil Times

Oct. 12, 2023 Production

Another Poor Harvest in Andalusia Predicted

A woman in a brown leather jacket conversing with a man in a factory filled with machinery and equipment. - Olive Oil Times

Oct. 11, 2023 News Briefs

Olive Growers in Madrid Benefit from CAP Funds

Aerial view of a landscape featuring extensive olive groves and rolling hills under a clear blue sky. - Olive Oil Times

Oct. 11, 2023 Production

Expansion of Organic Olive Groves Slows in Spain

Various bottles of extra virgin olive oil displayed on a supermarket shelf. - Olive Oil Times

News Briefs

Oct. 3, 2023

Why Olive Oil Prices Are Higher in Spain

A combination of retail purchase schedules, consumer habits and tax rates explain why extra virgin olive oil costs more in Spain than in France, Italy or Portugal.

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News Briefs

Sep. 28, 2023

Olive Oil Production Expected to Fall Below 1M Tons in Spain

Anticipation of a second-consecutive poor harvest in the world’s largest olive oil producer means prices are likely to keep rising.

Aerial view of a hillside olive grove with neatly arranged trees and soil patterns. - Olive Oil Times

Production

Sep. 28, 2023

Regenerative Ag Practices Improve Profitability of Steep-Slope Olive Farms

After finding that soil health improved in abandoned steep-slope olive groves, researchers determined organic and regenerative farming could yield similar results.

Aerial view of expansive olive groves with rolling hills and distant mountains under a cloudy sky. - Olive Oil Times

News Briefs

Sep. 25, 2023

Jaén Co-op Warns of €1B Loss for Province’s Olive Sector

After last year's historically poor harvest, producers in Jaén warn another is about to start. The Agri-Food Cooperative of Jaén warns the result will be a staggering financial loss.

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News Briefs

Sep. 18, 2023

Olive Oil Thefts Rising in Mills and Supermarkets Across Spain

Rising prices and an increase in organized criminal activity are driving the increase in thefts, officials said.

An elderly man examining vegetables in a grocery store with green produce bins. - Olive Oil Times

News Briefs

Sep. 7, 2023

Spanish Officials Raise Alarm Over Rising Olive Oil Prices While Calling for Calm

Olive oil prices have exceeded €10 per liter at retail and are expected to continue rising. Rain in Andalusia would provide a glimmer of hope for the approaching harvest.

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News Briefs

Aug. 10, 2023

Asphalt Made with Olive Oil Byproducts Used to Pave a Highway in Spain

Local officials said the experimental asphalt is more environmentally friendly to manufacture, safer for workers and could provide new revenue for producers.

Crowd of people walking through a bustling street market filled with colorful signs in Japan. - Olive Oil Times

News Briefs

Aug. 10, 2023

Andalusian Producers Seek Deeper Trade Ties with Japan

Olive oil consumption has risen steadily in the world’s third-largest economy over the past 30 years, and Andalusian producers are seeking to grow their market share.

Aerial view of a vast olive grove with neatly arranged trees and mountains in the background. - Olive Oil Times

News Briefs

Aug. 2, 2023

Spain Reclaims Top Spot as Largest Olive Oil Exporter to U.S.

The removal of trade barriers and changes in strategy by Spanish companies has resulted in a steady increase in olive oil exports to the lucrative U.S. market.

Interior view of a processing facility with stainless steel oil storage tanks and pipes. - Olive Oil Times

Business

Jul. 31, 2023

Concerns Mount Over Olive Oil Shortage in Spain

With olive oil stocks expected to run out by the start of the coming harvest and predictions of another low yield, experts anticipate prices to continue rising.

Group of people dining at tables set under olive trees in an outdoor setting. - Olive Oil Times

Trade Events

Jul. 13, 2023

Istrian Officials Share Oleotourism Insights at Events in Spain and Italy

According to Istrian tourism officials, 190,000 people visit olive growers and producers on the peninsula each year. Now, these officials are sharing strategies in Spain and Italy.

Lush olive grove with rows of olive trees on rolling hills under a cloudy sky. - Olive Oil Times

News Briefs

Jul. 11, 2023

Jaencoop Reports Record Sales

The second-largest olive oil cooperative recorded total revenues of €280 million in the 2022 financial year, partially due to increased domestic sales by value.

A close-up image of a fly with iridescent eyes resting on a green leaf. - Olive Oil Times

News Briefs

Jul. 6, 2023

Uptick in Olive Fruit Fly Infestations Reported in Andalusia

As olive groves enter their most vulnerable stage of development, authorities said the number of captured flies and observed damage was significantly higher than in previous years.

Aerial view of olive groves and a reservoir surrounded by hills and greenery. - Olive Oil Times

News Briefs

Jul. 5, 2023

Researchers in Andalusia Develop AI Tool to Improve Irrigation Efficiency

Using climatic data and powerful neural networks, researchers haver developed a tool that allows farmers to determine irrigation requirements a week in advance.

Dcoop warehouse building with two trucks parked in front under a blue sky. - Olive Oil Times

News Briefs

Jul. 5, 2023

DCOOP Reports Record Olive Oil Sales at Annual Meeting

While revenues were up, the general director of the world’s largest olive oil cooperative said farmers had not seen significant gains in profitability.