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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 [...]

  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 [...]

  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, [...]

Cooking enthusiasts and olive oil aficionados are invited to join food professionals from around the world June 21-23 at UC Davis for an international conference exploring the best production practices, sensory qualities and culinary possibilities for the highest quality extra virgin olive oil. “Beyond Extra Virgin,” the largest conference on olive-oil excellence ever held in [...]

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 [...]

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 [...]

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 [...]

By Beverly Burmeier, Poor soil, high temperatures, and low water levels are all plentiful in central Texas. Not the usual growing conditions for a food crop, this combination just happens to be perfect for olive trees. So Jack Dougherty, former president of a computer company, bought a ranch near Wimberley and became the first person [...]

The Australian Olive Association says the demise of orchard managers Timbercorp and Great Southern does not spell the end of the olive industry. Managed investment schemes account for the majority of Australian olive production, and sparked the industry’s rapid growth over the past decade. The Olive Association’s Paul Miller says the industry is now big [...]

By Sandra Godwin, The Boundary Bend olive harvest was under way this week after a halt caused by Timbercorp‘s financial woes. After a three-day shutdown, workers at Timbercorp olive groves at Boort and Boundary Bend got back to the business of harvesting olives last week. The harvest ground to a halt earlier in the week [...]

By Rachel Hewitt, The harvesting of Timbercorp‘s giant olive crop will resume this morning after the company struck a $15 million deal to sell the fruit to its harvester. The fate of this year’s crop – at two olive groves in northern Victoria – was uncertain after the company’s April 23 collapse. The harvest must [...]

Harvesting is going ahead at one of the largest olive groves in the world, owned by Timbercorp. The grove, at Boort in central Central Victoria, is one of the properties the company had trouble selling, before placing itself into voluntary administration. Will Pattison, who works as a contract harvester at the grove, says it makes [...]

With the global economy on rocky ground, sales of olive oil may be cloudy as the market shows signs of reaching maturity, according to market research publisher Packaged Facts new report, “Market Trend: Olive Oil in the U.S., 3rd Edition.” According to the report, the market for olive oil in the United States grew at [...]

Food group SOS Cuetara has agreed to sell its olive oil brand Dante and the other brands of its Minerva Oli unit to Italian sector player Mataluni for some EUR34m (USD45.6m). The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme. Dante has annual sales of some 10 million litres [...]

Spanish food group SOS Cuetara has agreed to sell its olive oil brand Dante and the other brands of its Minerva Oli unit to Italian sector player Mataluni for some EUR34m (US$45.6m) The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme. Dante has annual sales of some 10 million [...]