prices / page 30

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.

Apr. 1, 2011

Ciolos: Storage Aid Would Be Nothing But an "Aspirin"

The EU commissioner called on the Spanish regional governments to address structural problems in the olive oil sector and again rejected calls for the provision of private storage aid.

Mar. 29, 2011

Thousands to Welcome Cioloş in Cordoba Friday with Calls for Storage Aid

10,000 people will gather in Cordoba Friday during a visit by European Commissioner for Agriculture Dacian Cioloş to call for the immediate provision of private storage aid for olive oil.

Mar. 18, 2011

Commissioner Says He Will Analyze Spain's Call for Private Storage Aid

European Commissioner for Agriculture Dacian Cioloş said he would closely examine Spain's case but reiterated he saw no proof of a "serious market disturbance" requiring bulk storage payments.

Mar. 16, 2011

Argentina’s Olive Oil Industry Continues to Face Challenges

The situation has only gotten bleaker for Argentina’s flailing olive oil industry, which finds itself in a financial predicament driven by stagnant prices and rising production costs.

Mar. 14, 2011

Spanish Wholesalers: Don't Blame Us for the Olive Oil Crisis

The average Spanish consumer knows the price of olive oil per liter much like people elsewhere know the price of milk and gasoline, causing stores to use it as bait.

Mar. 11, 2011

New Figures Show Growth in Imports and Higher Prices for Italian Olive Oil

Most countries saw imports rise from a year ago, and while the olive oil pricing crisis raged in Spain and Greece, Italian olive oil continued to command a premium.

Mar. 3, 2011

Spain's Farmers Call for a Clamp-Down on Olive Oil Price Abuses

A form of “commercial terrorism" is being committed by distributors taking advantage of their dominant market position, according to Spain's association of small farmers.

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Feb. 23, 2011

European Commission Rejects Private Storage of Olive Oil

The European Commission says the bargaining clout of large-scale distributors is at the root of Spain's olive oil price plunge — not a market disturbance.

Feb. 18, 2011

Council Releases Olive Oil Market Summary

The International Olive Council released today its January summary of the world olive oil market which presented data from the last few months of 2010.

Feb. 16, 2011

Olive Oil Prices in Spain "Unsustainable"

Olive oil is on shaky ground in Spain as growers and producers demonstrate over record lows in olive oil prices and three consecutive years of selling below cost.

Feb. 14, 2011

Argentina President Promises Aid for Troubled Olive Oil Industry

President Cristina Fernández de Kirchner has pledged federal government help to Argentina's battered olive oil industry following layoffs in the Catamarca region.

Jan. 5, 2011

Local Olive Oil Crisis Underscores Argentina's Bigger Problems

Pomán has demanded that the Catamarca Government move to counter a crisis in the local olive oil industry that has led to fifty layoffs in the past two weeks

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