Olives101.com

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 […]