olive oil prices / page 2

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May. 25, 2021

Vegetable Oil Prices Rise While Olive Oil Prices Remain Steady

Prices of rapeseed, soybean and palm oils increased in the first half of the year due to strong global demand and precarious supply.

May. 24, 2021

Global Olive Oil Production Will Hit Four-Year High, USDA Estimates

Increasing production paired with rising vegetable oil prices is also expected to yield record exports and olive oil consumption levels.

May. 11, 2021

Olive Oil Sales Continue to Surge in Spain

The latest figures confirm a growing trend in domestic and international markets.

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Feb. 24, 2021

Hardships in Lebanon Shift Focus to Exports

A devaluing local currency coupled with the scarcity of hard currencies has made production more expensive. Producers are turning to exports as a solution.

Jan. 15, 2021

Apulian Producers Call for More Government Support for Olive Oil Sector

Olive oil prices in Puglia continue to slide despite lower production in 2020. Coldiretti believes the government must do more.

Nov. 18, 2020

Second Wave of Covid Hampers Harvest in Greece

A newly-imposed lockdown has brought Greece to a standstill and created a logistical nightmare for olive growers. Some health experts believe the start of the harvest is partly responsible for the spread of the virus.

Nov. 10, 2020

Europe Allows Cooperatives in Spain to Regulate Supply

After years of lobbying Brussels, Spanish cooperatives will now be able to voluntarily withdraw surplus olive oil from the market.

Oct. 27, 2020

Olive Oil Consumption Set to Outpace Production For a Change

Consumption is projected to reach 3.14 million tons while production slips in the 2020 campaign, finally reversing the downward price trends.

Oct. 27, 2020

Prices Open Higher in Greece Amid Shortage of Laborers

Early seasonal prices have reached €3.80 per kilo while the lack of foreign workers has prevented some harvesting activities in Greece.

Oct. 15, 2020

As EVOO Consumption Remains Strong in Italy, Producers Hope Prices Follow

A survey showed that 80 percent of Italians habitually buy extra virgin olive oil. Strong domestic consumption paired with poor harvests in Europe could lead to a rebound in prices.

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Sep. 21, 2020

Some Signs Suggest Better Outlook for Greek Farmers

Lower yield predictions in Spain and Italy open new hopes for Greek olive growers as harvesting begins.

Sep. 16, 2020

Climate and Covid Worry Farmers Preparing for Harvest

An Olive Oil Times survey reveals a season of growing uncertainties and challenges for olive oil producers.

Aug. 31, 2020

Mounting Concerns in Greece as Harvest Nears

The impacts of the Covid-19 pandemic and persistently low olive oil prices remain the biggest worries for producers.

Aug. 27, 2020

Italian Agricultural Agency’s Olive Oil Purchase Tenders Are Too Low, Farmers Argue

The Agency for Payments in Agriculture has awarded its €8 million tender. Skeptical farmers are questioning the criteria used to make the decision and have said the final amount of €2.28 is too low.

Aug. 21, 2020

Spain's Farmers Welcome Low Harvest Forecasts

An official for one of Spain’s main agricultural unions argues that steadily rising global consumption paired with a decrease in production may lead to more demand for Spanish olive oil and cause prices to rise.

Jul. 20, 2020

E.U. to Allow Member States to Regulate Olive Oil Supply

The decision comes as the three main institutions responsible for legislation in the trading bloc agreed on an extension to the Common Agricultural Policy. Spain’s main agricultural cooperative has welcomed the move.

Jul. 6, 2020

As Covid Cases Drop in Spain, Plans to Protest Ramp Back Up

Olive growers and oil producers are resuming their public campaigns calling for more support for a sector in turmoil.

Jun. 29, 2020

Production Declines Again in Argentina

While some producers simply entered an off-year in 2020, others had trouble finding workers to harvest their olives. Low global olive oil prices have also made production less profitable for all in the sector.

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