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Business / page 5

Nov. 7, 2024

China Shows Interest in Becoming Olive Council Member

With a fledgling olive oil production sector and a growing appetite for the product, China has signaled interest in becoming the latest International Olive Council member.

Nov. 4, 2024

Italy Mints Special Labels for Its PDO and PGI Olive Oils

The Italian Polygraphic Institute and State Mint craft the labels to guarantee the traceability of extra virgin olive oils with geographical indications.

Nov. 4, 2024

Starbucks Abandons Olive Oil-Infused Coffee Line Oleato in North America

The decision comes as the company reported a third consecutive quarter of declining sales and seeks to streamline its menu.

Oct. 25, 2024

Romania Sets New Rules for Nutri-Score Adoption

After an initial ban, the Romanian government said Nutri-Score labels can be applied voluntarily on some items.

Oct. 18, 2024

Team Lithuania Triumphs at Seventh Olive Picking Championship

In addition to the competitive part of the program, numerous tastings, excursions and social events were held in Brač, which boasts a centuries-old olive oil-producing tradition.

Oct. 18, 2024

European Union Olive Oil Production Set to Grow by One-Third

Brussels’ autumn short-term outlook predicts volatile prices.

Oct. 18, 2024

Officials in Spain Optimistic Ahead of Harvest as Prices Remain Elevated

Spain is expected to produce between 1.4 and 1.5 million tons of olive oil in the 2024/25 crop year after a wet winter and mild spring favored a bumper crop.

Oct. 18, 2024

World Competition Wins Bring Relief to Southern Cone Producers

Farmers and millers from Argentina, Chile and Uruguay combined to win twelve awards after significant production declines.

Oct. 18, 2024

Trump’s Tariff Proposals Would Sting U.S. Olive Oil Consumers

Whether there is a ten- or 60-percent tariff on all imported goods, most observers believe olive oil will become more expensive, and consumers will pay the difference.

Oct. 17, 2024

Major Olive Oil Producer Loses $3M in Spate of Thefts

The CHO Group experienced warehouse thefts in Canada and the United States, with some stolen olive oil appearing at discounted prices.

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Oct. 13, 2024

Low-Cost Olive Pest Control Solution in Development

Researchers in Spain are developing an artificial intelligence tool to help farmers sustainably and affordably monitor for pests and take action against infestations.

Oct. 13, 2024

Filippo Berio Exec Forecasts Production Rebound, Falling Prices

The chief executive of the North American operation believes the sector must increase supply and production efficiency while cultivating demand.

Oct. 9, 2024

South African Farmers Enjoy Production Rebound

Despite challenges created by bad weather and rolling blackouts, producers across South Africa enjoyed a fruitful harvest.

Oct. 8, 2024

Acclaimed Producer Prepares for Fruitful Harvest in Tunisia

The award-winning French-Tunisian olive oil producers behind the Parcelle 26 brand focus on quality in the groves and at the mill.

Oct. 7, 2024

Production in Italy Set for Sharp Decline, Down One-Third

Heat and drought in the south, combined with an ‘off-year,’ have resulted in a 30 percent decline in olive oil production in Italy.

Oct. 3, 2024

Olive Farmers Flee Southern Lebanon as Conflict Escalates

Israel’s escalating air strikes and ground invasion have forced one million people to flee southern Lebanon, many leaving olive-laden trees unharvested.

Oct. 1, 2024

Egypt Aims for Significant Increase in Olive Oil Exports

Officials are developing a strategy to increase exports by expanding production.

Oct. 1, 2024

Rising Prices Accompany Off-Year Harvest in Australia

Labor shortages, climate hiccups, insects and even parrots have impacted smaller growers across Australia. Meanwhile, prices for imported oils rise to unprecedented levels.

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