prices / page 28
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 Business
May. 17, 2012 Business
Mar. 9, 2012 Business
U.S. Olive Oil Imports Climb with Help from Spain and Morocco
Feb. 8, 2012 Europe
Jan. 24, 2012 Australia / NZ
Woolworths Agrees to Offer Kailis Organic Olive Oil Under Private Label
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.
Aug. 11, 2011
Andalusian Olive Oil Producers Facing Fourth Straight Year of Losses
Andalusia's olive oil producers are facing their fourth consecutive year in the red having already accumulated a loss of 600 million euros ($851 million) this season.
Jun. 23, 2011
Andalusia Pledges €40M for Producers, Rules Out More Origin Designations
The Andalusian regional government has allocated 40 million euros ($56.6m) to provide short-term loans so its olive oil producers can avoid selling at a loss.
Jun. 14, 2011
European Imports of Olive Oil Sharply Higher in Latest Report
Imports of olive oil into the European Union were up 27 percent in the five months to February, according to the International Olive Council’s May market newsletter, released today.
May. 27, 2011
Commissioner's Answer Still "No" to Aid for Private Olive Oil Storage
Despite receiving a petition with 50,000 supporting signatures from Spain alone, the European Commission today stood firm on its rejection of calls for the introduction of private storage aid for olive oil.
May. 24, 2011
Stagnant Prices, Uncertainty Take Toll on Olive Oil Futures
Flat prices and economic uncertainty are dampening Spain's fledgling olive oil futures exchange, which last year got into the black for the first time.
May. 19, 2011
Aguilera: Use Origins to Inform Consumers, Lift Prices
The regional government says that differentiation via denominations of origin, would help consumers make informed choices in the supermarket.
May. 10, 2011
Minister Aguilera Announces Plan for Olive Oil Market Restructuring
The agriculture and fisheries minister said "we need to look outside of Spain because we’re witnessing growth of olive oil production in other Mediterranean countries that are going to compete with Andalusia.”
Apr. 28, 2011
High Level Meeting to Address Low Olive Oil Prices and Industry Fragmentation
While still hoping for some temporary respite from low prices via EU private storage measures, stakeholders will gather on May 20 to consider changes with longer-term impacts.