Category: News

New Record in Global Olive Oil Production

(April 2014; source: www.olivenews.gr)

A new world record of 3.7 million metric tons of olive oil will be pressed during the 3013 – 14 harvest period that just ended, showing an increase of 37% over last year. Spain, with 1.7 million tons representing 51% of the global harvest, saw a 250% increase. Portugal and Australia recorded 200% increases, while Greece, Turkey and Tunisia showed the largest decreases.

Read more...

Massive Fraud in Store-Bought Olive Oil (69% Found to Be FAKE)

(March 2013; source: UC Davis, N.Y. Times, CBS and other Media)

Did you catch the explosive story about widespread olive oil fraud just published in The New York Times?

The article is called “Extra Virgin Suicide,” and it reports that much of the olive oil sold in your local supermarket is adulterated with soybean and other cheap oils. Some of these fake oils are even doused with illegal chemicals to make them look like authentic olive oil.

Read more...

Prices Rise

An exceptionally low, cyclical harvest in Greece this year has shot the price of the prized Laconia extra virgin olive oil to a world leading level exceeding $4 per liter in late January 2014 bulk auctions. The top Italian extra virgins are at $3.80 and the Spanish at $ 3.25....

Read more...