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 Business
Rising Prices, New Technology Attract Private Equity Interest in Olive Oil
Oct. 12, 2023 Production
Oct. 11, 2023 News Briefs
Morocco Bans Olive Oil Exports in Bid to Control Rising Prices
Oct. 3, 2023 News Briefs
Sep. 28, 2023 News Briefs
Olive Oil Production Expected to Fall Below 1M Tons in Spain
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.
Aug. 24, 2023
Olive Oil Prices Soar in Greece
The shortage of olive oil stocks in Europe and domestic inflation are pushing prices to new heights.
Aug. 18, 2023
Citing Rising Prices and Low Margins, Turkey Bans Bulk Olive Oil Exports
The trade ministry wants to promote the country's packaged olive oil exports while limiting further price rises for domestic consumers.
Aug. 2, 2023
Extra Virgin Olive Oil Prices Could Reach €11/Kg in Italy, Officials Warn
A poor harvest in 2023 combined with low olive oil stocks and anticipation of a modestly higher harvest in 2024 has seen Italian olive oil prices reach unprecedented heights.
Jul. 31, 2023
Concerns Mount Over Olive Oil Shortage in Spain
With olive oil stocks expected to run out by the start of the coming harvest and predictions of another low yield, experts anticipate prices to continue rising.
Jul. 26, 2023
Europe Confirms Steep Decline in Olive Oil Production
In the bloc’s latest short-term agricultural outlook report, E.U. experts said the poor harvest and low stocks will keep pressure on prices.
Jun. 5, 2023
Farmers and Consumers React to Rising Olive Oil Prices
As drought pushes production prices up across the Mediterranean, farmers and consumers adapt.
May. 22, 2023
As Spain Fights Food Inflation, Pressures Keep Mounting
While inflation shows signs of moderation, political uncertainty ahead of a major election and the ongoing drought will continue to put pressure on olive oil and food prices.
May. 19, 2023
Climate Disasters Drive Prices Higher
Drought on the Iberian Peninsula and floods in Croatia have resulted in a rocky start to olive development, spurring more price rises.
May. 2, 2023
Prices Continue to Break Records in Spain Ahead of Dismal Harvest Outlook
However, timely rain paired with stagnant global demand and an increasing number of olive groves entering maturity could reverse the price trends.
Apr. 22, 2023
Olive Oil Prices Rising Faster than Inflation in Italy
Olive oil prices at origin in Italy are 46 percent higher than last year, driving up the costs of other popular foods.