Oct. 15, 2012
More Eyes on Olive Oil Futures Market
The olive oil futures market in Madrid said traffic to its web page increased five-fold in September amid the recent price tension.
Oct. 10, 2012
World Olive Oil Output Set to Fall 20 Percent
The International Olive Council says olive oil production in 2012/13 will be about 2.75 million tons, 20 percent off last year’s all-time high.
Oct. 9, 2012
Expert Predicts Sharp Rise in Olive Oil Prices, Future Shortages
Reduced European subsidies and growing demand will lift prices over the long term, according to Boundary Bend's Pablo Canamasas.
Oct. 8, 2012 Europe
With Rising Olive Oil Prices, Concerns of Falling Consumption
Sep. 24, 2012 Business
Sep. 12, 2012 Europe
Aug. 29, 2012 Europe
Aug. 2, 2012 Business
Jun. 19, 2012
Cioloş Unveils Plan for Ailing Olive Oil Sector
A new grade of olive oil is among changes that could spring from an action plan for Europe’s ailing olive oil sector.
Jun. 7, 2012
Producer Prices Lowest Since 2009
The latest round of subsidized olive oil storage has failed to rally prices, which the International Olive Council says remain at their lowest levels since 2009.
May. 31, 2012
Olive Council: Rising Consumption Will Spur Price Recovery
The olive oil price crisis should ease with rising consumption in developing countries, the International Olive Council said today amid a world media spotlight on the issue.
May. 30, 2012
The olive oil market in Spain, Italy and Greece is experiencing serious problems leading to job losses in the short run and a less healthy diet in the long.
May. 17, 2012
More Storage Aid for Virgin Olive Oil
For the third time in eight months, the European Commission is to subsidise the temporary withdrawal of virgin and extra virgin olive oil from the market in the hope rock bottom farm gate prices improve.
Mar. 9, 2012
U.S. Olive Oil Imports Climb with Help from Spain and Morocco
Italy and Turkey have lost ground to Spain, Morocco and Tunisia in the United States olive oil market, which has grown 11 percent in five years.
Feb. 8, 2012
EU Offers Olive Oil Storage Aid Amid Tumbling Prices
The European Commission is set to subsidize the temporary storage of 100,000 tons of olive oil in a bid to bolster dismal farm-gate prices.
Jan. 24, 2012
Woolworths Agrees to Offer Kailis Organic Olive Oil Under Private Label
Woolworths has agreed stock the failed company's olive oil as part of its "Macro Wholefoods Market" range.
Jan. 22, 2012
Spain Looks for Solutions on Olive Oil Prices, Quality
Spain is pushing for European Commission aid to bulk store extra virgin olive oil until its price improves and is debating other measures to improve quality and sustain the ailing sector.
Jan. 17, 2012
Price for Italian Extra Virgin Olive Oil Drops to '09 Levels
The producer price for Italian olive oil returned to the levels of 2009. Imports rose in Brazil, Europe and North America, but fell in Japan and Australia, according to new data.
Jan. 6, 2012
Olive Oil Prices in Spain Extend Historic Lows at Year-End
Falling prices, decreased production and poor sales have left Spain's olive oil sector in a state of disarray, though government is working to develop reparative initiatives.
Oct. 10, 2011
Acesur's Gonzalo Guillén: Spain is "Exporting the Wrong Image"
In an interview with Spain's El Economista, Acesur CEO Gonzalo Guillén spoke frankly of Spain's olive oil image problem and his company's plans for international expansion.
Sep. 29, 2011
European Commission OKs Payments for Six Months of Olive Oil Storage
The European Commission announced today that it will provide private storage aid enabling up to 100,000 tons of Spanish virgin olive oil to be stored for six months.
Sep. 19, 2011
Virgin Olive Oil Prices Hit Trigger Level for European Aid
The average price for virgin olive oil is now so low in Spain that the European Commission has no choice but to subsidize storage until the market improves, the Spanish government and olive oil producers said today.
Aug. 17, 2011
Tough Time for Spain’s Olive Oil Stock Market
Between July 12 and August 12, sales transactions between producers and traders fell to 24,484 tons, representing a 53 percent drop from the previous month.