Protestors called on the Spanish government and European Union to change how the industry is regulated, help producers cope with low prices and protect Spanish olive oil from U.S. tariffs.

Business

Oct. 10, 2019

Spain Reacts to U.S. Tariff on Olive Oil

The announcement of the U.S. tariffs comes as protestors head to Madrid to demand action on low olive oil prices. Government officials fear Andalusia, one of Spain's poorest regions, will be hit the hardest by the tariffs.

Production

Oct. 9, 2019

Better Harvests Predicted in Greece, Italy, Portugal, Tunisia

A European Commission report predicts a three percent increase in olive oil production in the E.U. due to reduced pest activity and some countries entering an on-year.

Business

Oct. 3, 2019

Spanish Olive Oil on Final List of Retaliatory Tariffs on E.U. Goods

Along with some Spanish olive oils, certain types of table olives from both France and Spain will also face a 25 percent tariff on U.S. imports. Olive oils from Italy, Portugal and Greece will be unaffected.

Business

Sep. 18, 2019

Spanish Olive Oil Exports to U.S. Surge Ahead of WTO Decision

The WTO has reportedly decided whether it will approve tariffs on European goods headed to the U.S. and is set to make an announcement soon. Until then, importers are accelerating purchasing schedules in order stock up on Spanish oils.

Business

Sep. 18, 2019

Spanish Black Olive Exports to U.S. Halved Since Tariffs Imposed

Since tariffs were imposed in August 2018, Spanish olive producers and exporters have lost more than $50 million.

Business

Sep. 5, 2019

Table Olive Yield Predictions in Spain Move Lower

From an original yield of 590,000 tons, Spain's Interprofessional Table Olive Association has already revised this figure down by more than 10 percent. Depending on climatic conditions, the final yield could be even lower.

News Briefs

Sep. 4, 2019

Extreme Weather Near Madrid Decimates Olive Harvest

A combination of rain, wind and hail has severely damaged 90 percent of olive trees just outside of Madrid. Small farmers have been hit the hardest.

Business

Aug. 29, 2019

EU Agriculture Commissioner Pledges Support for Spanish Olive Sector

Phil Hogan has promised to intervene in order to protect the interests of Spanish olive oil producers if prices do not rebound. Varied production forecasts and trade uncertainties make it unclear whether this will happen.

Health

Aug. 26, 2019

Following a MedDiet with EVOO Lowers Need for Medications in Diabetics

A major clinical study found that participants who followed a Mediterranean diet in which the main source of fat was extra virgin olive oil reduced the need to begin using diabetes medications by more than 20 percent compared with participants following a low-fat diet.

Production

Aug. 19, 2019

Olive Oil Production Expected to Decrease Significantly in Spain

Estimates from a coalition of olive oil producing cooperatives estimate that this year's harvest may be the lowest since the 2014/15 season.

Business

Aug. 9, 2019

Producers and Exporters Eagerly Await Ratification of EU-Mercosur Deal

The trade deal will eliminate tariffs on both Mercosur and E.U. exports and creates the world's largest bloc of olive oil consumers and producers.

News Briefs

Jul. 17, 2019

Brussels Will Work With Spanish Cooperatives on Self-Regulation

Spain's Ministry of Agriculture, Fisheries and Food said that the European Commission had agreed to work with olive oil cooperatives to apply self-regulation measures.

Business

Jul. 15, 2019

Spain Sees Largest Olive Oil Consumption Increase in Nearly a Decade

Olive oil consumption in Spain rose by more than three percent, the biggest increase since 2011. Falling prices and better education about extra virgin olive oil's health benefits are attributed to the increase.

World

Jul. 11, 2019

Reimagining Olive Oil for Millennials

Olive oil has been used for generations, but two brands are interpreting the food for young buyers looking to purchase simple, honest products in and out of the kitchen.