22 Aug

California Table olive growers to receive higher prices

California table olive growers will receive prices for their 2008 crop that are 5% to 10% higher than last year’s crop, but the crop is off by nearly half.

The Olive Growers Council on Thursday announced agreement with the Bell Carter Olive Co. in Corning and Musco Family Olive Co. in Tracy for table olive prices for this year.

The crop is estimated at 55,000 to 60,000 tons.

Prices for the manzanillo variety are $1,210 per ton for the extra large, large and medium; $650 for the small, $400 for the petite, $350 for subpetite and $10 for undersize culls.

For the sevillano, it’s $1,050 per ton for super colossal, colossal and jumbo; $350 for extra large “C,” $300 for extra large “L” and $10 for undersize culls.

Adin Hester, president of the growers’ bargaining council, said the group was “a bit disappointed. … Growers need pricing information much earlier so they can make better plans regarding fertilizer, pruning and insect and weed control.”

He said the cost to raise olives has risen sharply this year, as much as 30%.

[Source] Click here

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