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 full financial [...]
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 trend. [...]
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 shouldn’t be [...]
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 to [...]
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 enough to [...]
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 as Timbercorp administrator [...]
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 be completed in [...]
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 sense to [...]
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 a [...]
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 and holds [...]
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 liters and [...]
With a hard-earned U.S. Department of Agriculture signoff now in hand, TreeswithMeaning.com becomes one of the first companies in the U.S. approved to bring living olive trees from Israel to the North American market.
For owners–and brothers–Bruno and Jerome Schneider, building the company was an intricate business challenge requiring four years of negotiations, planning and [...]
Over 90% of all the olive oil in the world comes from groves in the Mediterranean region. Now two of the most prominent families from the region, Devico and Moreno, have formed an alliance to bring more high quality olive oil to the United States and the world.
Among the key beneficiaries of the alliance is [...]
Olive pressing increases 30 times in 10 years!
By Joanna Ripard,
Retired jeweller Sam Cremona’s brainchild, the Project for the Revival of the Indigenous Maltese Olive (Primo), is at an “interesting stage” and is just three years away from its interim target of 10,000 trees producing the Bidnija olive.
“We need to have 30,000 trees producing olives all [...]
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