Archive for the 'Business' Category

26 Oct

Australian Olive industry attacks Coles and Woolworths over labelling

Coles and Woolworths are resisting pressure to comply with recommended labelling standards for extra virgin olive oil.   The new guidelines were introduced this year to reduce the amount of refined oils being sold as 'premium' or 'extra light'.   President of the Australian Olive Association, Paul Miller, says Aldi supermarkets are already using the [...]

17 Oct

Turkey’s olive oil exports expected to reach $5 bln by 2023

Turkish Exporters Assembly (TİM) President Mehmet Büyükekşi said he expects olive and olive oil exports this year to reach $300 million, increase almost by 100 percent next year and total up to $5 billion by 2023, while speaking at the Third Akhisar Harvest Festival on Sunday. Büyükekşi also said any sector that helps reduce the [...]

07 Oct

Jordan Ministry to help farmers market Olive Oil

With the imminent advent of the olive harvest season, the agriculture ministry on Wednesday said it will employ marketing procedures to help farmers sell their olive oil.   Ministry of Agriculture Secretary General Radi Tarawneh explained yesterday that even if there is a surplus of olives and olive oil this year, the ministry will help [...]

05 Oct

Californian Olive growers decry foreign subsidies

Life as a California olive farmer isn’t exactly easy these days, farmers say U.S. government is hurting, not helping. The number of olives harvested across the state this season is expected to shrivel by about 86 percent from last year. The price schedule for growers is the same as last season despite the dried-up supply. Some [...]

05 Oct

Bell Carter Foods in Corning, CA is bustling

  The olive plant is the largest ripe olive producer in the world. The company processes 52,000 tons of olives a year on average, keeping it's 400 employees hard at work. But this years olive crops are falling a bit short thanks to mother nature. " Weather we're having now can offset next years harvest, [...]

03 Oct

Pakistani Government to promote olive cultivation

  SIALKOT: A plan has been prepared for promoting olive cultivation in Punjab and Azad Kashmir to boost olive oil production and help curb edible oil import bill, official sources told APP on Saturday.   The agriculture department of the Small and Medium Enterprises Authority (SMEDA) Punjab, was conducting awareness and training programmes to facilitate [...]

02 Oct

All about olives at Silverdale farm

  Ambrosia Olive Farm owners Dawn and Steve Skarmoutsos brought their passion for olive growing from Greece. What does Ambrosia Olive Farm produce? The organic farm is family-run by my husband Steve and I, and we produce table olives, preserved and marinated olives, olive oil and olive-based skincare products named Eleon Cosmetics that include creams, [...]

17 May

Olives in Provence

Discover where the Olive really come from, sorry it’s in French but the video speaks for itself…!

03 Jul

Californian Olive Oil Labels reflect new data

As California’s olive oil industry expands and refines, designations of various grades of oil are becoming more distinct and more identifiable. Consumers will face challenges as they learn to differentiate between extra virgin (high-quality) and oil pressed from the pomace of cull olives. All of the oil is expected to move through one market level [...]

30 Jun

The New Californian Olive Trend

A new trend is changing the olive industry in the north state, now it’s all about the oil olives and the expensive liquid gold they produce. In the olive city, there’s a new boom surrounding the fruit, Vice President of Crane Mills Brian Crane says, “The olive oil industry is what wine was decades ago.” [...]

06 Jun

Viability of Timbercorp’s forests in doubt

The administrators of troubled agricultural projects manager Timbercorp say they have not yet determined if the company’s forestry projects are still viable, or insolvent like its olive and almonds projects. Timbercorp was placed in administration in April, with liabilities estimated at the time of $930 million. Mark Korda of administrator KordaMentha said on Thursday that [...]

03 Jun

Spanish & Italian Olive Oil fraud’s adulteration

By Andrew Weil, Q: I understand that a magazine reported that a lot of the olive oil from Italy is adulterated with lesser oils and described ongoing fraud in the olive oil business. Do you have any information about this? A: I have read the article you mention, it reports that fraud remains a major [...]

30 May

No recession for Olive Oil in UK

Britons with a taste for Mediterranean-style cooking are spending record amounts on olive oil. Sales have topped £150million a year for the first time. That is double the amount sold eight years ago and significantly more than the £90million spent on vegetable oil. Growing evidence of the health benefits of a Mediterranean diet is behind [...]

29 May

Canada: Olive oil imports were half sunflower

A Toronto-area food importer and distributor has been fined for importing an olive/sunflower oil blend labelled as “extra virgin olive oil” in 2006. Jan K. Overweel Ltd., which markets the Emma, Casa Italia and Cortina Foods brands and other imported products, was convicted in Toronto in February under the federal Food and Drugs Act, with [...]

29 May

Australia and US try to change olive oil standards

The Australian olive oil industry is teaming up with the United States to develop a new set of international olive oil standards. Dr Rodney Mailer, from the Australian Oils Research Laboratory, says the European International Olive Council’s standards are too restrictive and treat unique aspects of Australian oils as negative traits. He says Australian producers [...]