Archive for the 'Business' Category

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 […]

27 May

European Union set to support olive oil sector with storage aid

By Jeremy Smith & Anthony Barker, European Union regulators suggested granting olive oil producers subsidies for private storage from as early as June as a way to prevent more price falls, the European Commission said on Monday. The Commission’s proposal, to be discussed soon by national experts from the EU’s 27 countries, would allow subsidised […]

21 May

Australian Olive industry says MIS collapses won’t hold it back

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 […]

19 May

Lindsay Olives seeks sales in snack aisle, too

By David Morrill, Walk down the snack aisle of a local grocery store and you’ll find the usual canisters of peanuts, bags of chips and jars of salsa. If Lindsay Olives has its way, you’ll see their cans of olives as well. Owned by Bell-Carter Foods Inc. of Lafayette, Lindsay Olives is in the process […]

16 May

Back to Business for Timbercorp Olives

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 […]