Jan. 29, 2024
Production in Spain Expected to Fall Short of Initial Estimates
Production estimates range from 680,000 to 755,000 tons for the 2023/24 crop year, below expectations at the start of the harvest.
Jan. 25, 2024
Record Olive Oil Prices Drive Down Consumption in Spain
Consumers are using less olive oil, buying smaller formats and switching to lower-quality categories.
Jan. 16, 2024
El Niño Decimates Peruvian Olive Harvest
Olive oil production in Peru is expected to fall by as much as 90 percent in 2024.
Jan. 16, 2024 News Briefs
Jan. 2, 2024 News Briefs
Extra Virgin Olive Oil Sales in Spain Fell by 40 Percent in 2023
Dec. 21, 2023 World
Climate Extremes, Economic Pressures Dampen 2023 Harvest, Survey Finds
Dec. 18, 2023 Business
Tunisia Takes Measures to Lower Olive Oil Prices at Home as Export Revenues Fall
Nov. 27, 2023 News Briefs
High Olive Oil Prices in Spain Spur Interest in Black Friday Discounts
Nov. 21, 2023
The Agronomic and Macroeconomic Forces Behind Olive Oil Prices in Italy
Despite an anticipated production rebound in Italy, prices will likely remain high. Farmers will need to adapt to a new reality.
Nov. 20, 2023
Olive Oil Sales Slump in Spain and Italy Amid Rising Prices
Consumers are switching to smaller bottles of extra virgin olive oil and, in some cases, choosing lower grades.
Nov. 6, 2023
Olive Oil Production in Europe Expected to Reach 1.5M Tons in 2023/24
Yields are expected to rebound after last year's historic lows. However, rising prices will hamper exports and consumption.
Oct. 26, 2023
High-Priced Olive Oil Fuels Thefts in Greece, Farmers Respond
Tons of olive oil were stolen from a mill in northern Greece. Meanwhile, producers in Crete are contemplating anti-theft measures such as GPS trackers.
Oct. 23, 2023
Olive Oil Producers in Turkey Decry Export Freeze
Turkey’s temporary olive oil export ban has brought down domestic prices while causing headaches for exporters.
Oct. 23, 2023
Rising Prices, New Technology Attract Private Equity Interest in Olive Oil
Analysts are eyeing promising financial returns in the olive oil market, particularly in Spain and Portugal.
Oct. 12, 2023
Another Poor Harvest in Andalusia Predicted
Low output in the world’s largest olive oil-producing region will continue to push prices higher.
Oct. 11, 2023
Morocco Bans Olive Oil Exports in Bid to Control Rising Prices
Officials say the ban will stem olive oil price increases in the country. It won't help elsewhere.
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.
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.
Sep. 25, 2023
Olive Farmers in Puglia Face Catastrophic Harvest After Autumn Storms
The damage to the southern Italian region’s olive trees is expected to drive up prices in the short term and lower production in future harvests.
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.
Sep. 14, 2023
Syria Restricts Olive Oil Exports as Harvest Outlook Worsens
Olive oil production in Syria is expected to fall by 50 percent in the 2023/24 crop year. Authorities have banned exports to prevent price rises.
Sep. 14, 2023
Olive Oil Prices Soar on Drought and Poor Harvests, Impacting Consumers Worldwide
Olive oil prices are soaring due to drought and poor harvests in major producing countries with varying impacts in different regions.
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.