03 Jul

Tunisia olive oil exports up 15 pct in Q1

Tunisia, the world’s fourth-largest olive oil producer, increased sales abroad by 15 percent to 89,300 tonnes over the first three months of the year, government data showed on Tuesday.
Olive oil represents half the country’s farm exports which account for more than 10 percent of total exports.
Tunisia sells 90 percent of its olive output abroad, [...]

23 Jun

Palestinian olive oil could soon be the 1st oil to receive Fairtrade status.

Last month, representatives of the Fairtrade Foundation and international Fairtrade Labelling Organisation (FLO) held a workshop in Ramallah on the process of certification, Fairtrade price setting and producer support for Palestinian olive farmers.
Central to the workshop was Zaytoun, a UK-based co-operative community interest company (CIC). All of its suppliers attended and local co-ordination for the [...]

23 Jun

Olive oil prices in India to remain stable; not to rise

The Indian Olive Association (IOA) said Monday the product’s prices would remain stable and, contrary to expectations, would not fall as a result of the government’s reduction of import duties to 7.5 percent from April 1.
In April, the IOA had stated that olive oil prices were expected to fall by 10-15 percent on fresh imports [...]

27 Apr

Interview with VN Dalmia, President of the Indian Olive Oil Association

President Dalmia, India decided to invest so much in olive oil market. Somebody is talking about a new Olive orchard model in the area called Rajasthan. Particularly they are intentioned to invest using very modern and high technologically irrigated systems. Why are you spending so much attention to olive cultivation?
In reality, I do not think [...]

24 Apr

Spain: Sales of organic olive oil increased

In Spain, approximately 8.5 million kilograms of organic olive oil were put on the market in 2007. This quantity made olive oil the most important product regarding economic value and trade volume generated in the organic sector. According to the data of the Andalusian Committee for Organic Agriculture (CAAE), sales of this product increased by [...]

09 Apr

Olive oil prices set to decline in India

With the Centre reducing the customs duty on all grades of olive oil to 7.5 per cent from the previous rates of 45 per cent on virgin olive oil and 40 per cent on refined olive oil, prices of olive oil are likely to come down by up to 15 per cent on the stocks [...]

12 Mar

Olive Oil: Nature’s Liquid Gold, the Latest Recession Rescuer

Earthquake sensitive Orey forecasts during turbulent times ahead people will forego fancy processed foods and go back to Mother Nature’s finest staple–olive oil. “This ancient elixir has been used for everything from cooking, health ailments to beauty aids and natural pet care,” she said.

‘The Healing Powers of Olive Oil’ author-intuitive Cal Orey isn’t surprised by [...]

29 Feb

Health Benefits Key to Driving Olive Oil Sales Over $1 Billion by 2010

Marketable health benefits, along with a growing consumer interest in Mediterranean foods and unique regional flavor choices, are helping to drive an invigorated olive oil market in the U.S., which should surpass $1.3 billion by 2010, according to Olive Oil in the U.S., the latest market research from Packaged Facts.
Packaged Facts projects that the olive [...]

29 Feb

EU Seeks Answers From Italy Over Olive Oil Labels

The European Commission has given Italy two months to explain why it obliges olive oil producers to mark the origin of the olives on product labels in contravention of E.U. laws, a spokesman said Friday.
“As far as we are concerned, that is not in conformity with European legislation, where voluntary labeling is possible but not [...]

01 Feb

Turkish olive growers emulate Spain

Turkish olive and olive oil exporters examine factories in the Spanish cities of Madrid, Seville and Cordoba that meet 51 percent of total global demand for olive oil, and hold meetings with representatives of the Olive and Olive Oil Exporters Association, the Federation of Agricultural Cooperatives and prominent olive and olive oil producers in the [...]

04 Jan

Olive-press owners allege lack of government support

By Maher Zeineddine,
As olive presses in the mountainous Chouf region witness excessive activity with the fruit’s harvest season coming to an end and weather conditions getting worse, press owners are criticizing the government’s failure to set up marketing plans for their products. Every year from early November until late January, farmers throughout Lebanon engage in [...]

11 Dec

Spain:SOS Cuetara sees record 1.6 bln tonnes olive oil production in 2007-2008

SOS Cuetara SA said it is targeting a record 1.6 bln tonnes in olive oil production in 2007-2008, reiterating comments made by chairman Jesus Salazar in a recent interview with Thomson Financial News.
In a presentation, SOS Cuetara said it expects olive oil prices to remain stable and competitive in the 2007-2008 season, thanks to an [...]

10 Dec

Olive oil in India to get cheaper on higher competition

Olive oil, which was being sold at over Rs 1,000 a litre a few months back, will soon be available at below Rs 500 level thanks to increased competition among Spanish and Italian firms, which are vying for a larger share of the Indian market.
“We will launch a promotional offer pricing olive oil at below [...]

27 Nov

Filippo Berio Olive Oil is now available in India

Filippo Berio, world-famous olive oil brand, is now available in India in two varieties - Pure Olive Oil and Extra Virgin Olive Oil.
Known for its blending skills and stringent measures undertaken to source only the highest quality olive oil, Filippo Berio is a completely natural product, containing no preservatives, additives, artificial colour or flavour.
The brand [...]

23 Nov

Turkish Olive producers move toward trademarks

The president of the Olive and Olive Oil Union has said their long-term target is to use only trademarked products in their export operations.
Olive and Olive Oil Union President Cahit Çetin spoke with the Anatolia news agency yesterday. He said his union is number one in Turkey for the export of packaged olive products, holding [...]

16 Nov

Spain: Olive oil buoys SOS Cuetara

Healthier margins from olive oil have driven a rise in nine-month profits at Spanish food firm SOS Cuetara.
Net income rose 10.8% to EUR13.5m (US$19.7m) in the nine months to the end of September.
Turnover, however, dipped 3.2% to EUR1.02bn.
In June, a company insider told just-food that SOS Cuetara was searching for a new acquisition in the [...]

13 Nov

Spanish olive oil futures market seeks speculators

By Elena Moya,
Edited by Chris Johnson,
The world’s only olive oil futures market, based in Spain, plans to grow rapidly next year and hopes the increased liquidity will attract large speculators, its general director said on Tuesday.
Ana Fernandez told Reuters she expected financial institutions to join the organisation, based in Jaen, the Spanish province that produces [...]

06 Nov

Amrutanjan to add olive oil to portfolio

Over-the-counter (OTC) healthcare products manufacturer Amrutanjan Ltd has outlined plans to acquire a few brands over the next one year, to facilitate vertical growth in the pain management category of the healthcare segment.
The company has strong product dependency, with around 80 per cent of Amrutanjan’s revenues accrue from the sale of its standard yellow pain-reliving [...]

24 Oct

IOC launches campaign in India

The International Olive Council (IOC) has launched a promotion campaign in India with an interactive media workshop that was held on September 20, 2007 at Hotel Taj Palace, New Delhi.
The workshop aimed to provide in-depth information on olive oil and table olives as well as provide about their health and nutritional aspects. Franco Oliva, deputy [...]

16 Oct

Cargill, Spain’s Hojiblanca unite in olive oil JV

U.S. agri-business Cargill Inc [CARG.UL] has signed a joint venture with Spanish cooperative Hojiblanca to source, trade and supply up-market and bulk olive oil, the companies said on Tuesday. In a joint statement, the companies said the partnership would strengthen Cargill’s involvement in premium olive oil to compliment its presence in the sunflower, rapeseed, soy, [...]

12 Oct

Mario Olive + A.Camacho = Mario Camacho Foods

Two family-owned food businesses, both suppliers and service providers to the olive and condiment market in North America, will merge in 2008.
Mario Olive Co., a division of Westin Foods of Omaha, Neb., and A. Camacho Inc. of Plant City, a subsidiary of Angel Camacho group, will merge, a Mario Camacho press release said.
No financial terms [...]

08 Oct

Drought to seal fate of Turkey’s black gold

Drought adversely affected agriculture everywhere around the Mediterranean this year and vegetable production has suffered one of its worst seasons. Livelihood of millions in the Marmara and Aegean regions of Anatolia, olive production has dropped dramatically due to scourging heat.
The production of the olive, commonly described as “black gold” in many provinces across Anatolia’s Marmara [...]

04 Oct

Salov ready to grab Indian olive oil market

A month ago, Riyad Oomerbhoy, MD of FMCG RRO just did the unthinkable. Severed ties with one of the world’s biggest FMCG companies Unilever’s and made a deal with an Italian family-owned business the Salov Group to bring in their Filippo Berio Olive oil, which the family has been making for the past 150 years. [...]

01 Oct

Britain gets a taste for the exotic as olive sales soar

Olive sales have surged as shoppers splash out more on speciality foods.
Consumer spending on olives has risen 20 per cent over the past year, according to new research. Sales hit £42 million in the 12 months to June, with green olives taking the biggest share.
Spending on olives accounted for the greatest portion of all products [...]