Daily Archives: August 5, 2013

  • About Venta del Baron Extra Virgin Olive Oil

    Producer: Mueloliva
    Brand: Venta del Barón
    Origin: Spain
    Blend of Two Cultivars: Hojiblanca Picuda

    Produced by first press cold-extraction only, Venta del Baron is a refined, luxurious olive oil from picual and hojiblanca olives harvested exclusively from three nearby estates. After pressing, the oil is decanted for 15 days and then bottled in blown-glass bottles. Venta del Baron is characterized by an intense green olive aroma, with notes of grass and almonds. It has a lingering finish, with a nice balance of bitterness and spiciness. Savor this oil, don’t cook with it, but rather use it to finish dishes.

    Variety of olive:
    Hojiblanca and Picudo D.O.P. Priego de Córdoba.
    Producer: Almazara de Muela, S.L.Priego (Córdoba)

    Tasting Notes of Extra Virgin Olive Oil
    Intense fruity of green olive with herbaceous notes, mint, almond shells, banana and apple. Reminiscent of vegetables such as tomatoes and artichokes. The entry on the palate is sweet, slightly bitter and spicy in progress. The aftertaste is nutty. Very complex, balanced and harmonious in all olfactory-gustatory attributes.

    Awards

    Note: All data is provided by the mill of origin.

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    Producer: Mueloliva Brand: Venta del Barón Origin: Spain Blend of Two Cultivars: Hojiblanca Picuda Produced by first press cold-extraction only, Venta del Baron is a refined, luxurious olive oil from picual and hojiblanca olives harvested exclusively from three nearby estates.... 
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  • Olive oil prices have fallen more than expected in Spain, Italy and Greece

    Olive Oil Demand Seen Weak by Oil World as Users Switch

    Olive oil prices have fallen more than expected in recent weeks after consumers in Spain and Italy “strongly” cut back on usage in response to tight supplies and high prices, Oil World reported.

    Shoppers in Spain, Italy and Greece, the world’s biggest olive-oil consuming countries, have switched to cheaper vegetable oils as they face economic crisis, rising unemployment and reduced disposable income, the Hamburg-based oilseed-industry researcher wrote in an e-mailed report.

    Spanish olive oil prices are forecast to average about $3,560 a metric ton in July, down from $3,706 in June and the lowest level this year, Oil World wrote. The switch to cheaper oils is “unprecedented” and contrasts with 2005-06, when prices as high as $5,000 a ton resulted in “only a fractional” drop of Spanish, Italian and Greek olive-oil consumption.

    “This season has been different and domestic consumption of sunflower oil, corn oil and palm oil has increased,” Oil World wrote. “Because of the weak demand fundamentals, Spanish prices of virgin olive oil are unlikely to reach or exceed $4,000, which was originally expected to occur in the course of this season.”

    Olive oil consumption in the European Union is forecast to slide by “an unprecedented” 270,000 tons, or 13 percent, to 1.74 million tons in the season through September 2013, Oil World wrote.

    Olive oil for September delivery has slumped 19 percent this year to 2,240 euros ($2,970.69) a ton on the Mercado de Futuros del Aceite de Oliva in Jaen, Spain, the lowest price for that contract since August last year.

    Demand Rationing
    In addition to demand rationing, prices have been under pressure due to larger exports from Tunisia, Morocco and Turkey, according to the researcher. Prices are still about 17 percent above the 10-year average price for July, Oil World said.
    World production of pressed olive oil is forecast at 2.46 million tons, down from 3.44 million tons in 2011-12, according to Oil World. Drought in Spain cut production to 614,000 tons from 1.6 million tons, it said.

    Olive oil production may climb to 3.3 million tons in 2013-14, led by a recovery in Spain, Oil World predicted.

    “It is possible that olive oil prices will recover during the remainder of the season, due to a supply squeeze before relief from new crop harvesting occurs,” the researcher said. “Small carry-over stocks will limit the recovery in world supplies of olive oil next season.”

    To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net
    Article source bloomberg

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    Olive Oil Demand Seen Weak by Oil World as Users Switch Olive oil prices have fallen more than expected in recent weeks after consumers in Spain and Italy “strongly” cut back on usage in response to tight supplies and high prices, Oil World reported. Shoppers in Spain, Italy... 
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  • KeHE's 2013 Holiday Show's Global Olive Oil Experience

    KeHE’s 2013 Holiday Show, held as always at Chicago’s McCormick Place, had the largest number of retailer attendees in the show’s history. The private, two-day industry trade show brought together thousands of retailers and suppliers in the natural, specialty and fresh product categories.  Suppliers showcased on trend products for the holidays, as well as year-round “gotta have” products.

    The show’s Global Olive Oil Experience featured a tasting bar where attendees learned how to taste extra virgin olive oil like a pro. Experts such as Tom Mueller, author of the New York Times best seller, Extra Virginity: The Sublime and Scandalous World of Olive Oil, met with retailers to share his passion for extra virgin olive oil and educate them on how to make better choices on what oils to offer their customers. Lastly, participants at the Holiday Show were the first to learn about KeHE’s rebranding, which KeHE CEO, Brandon Barnholt, announced the first morning of the show.

    About KeHE KeHE Distributors, LLC based in Romeoville, IL, provides Natural & Organic, Specialty & Gourmet, International & Multicultural and Fresh products to over 35,000 retail outlets throughout North America.

    read more at finance.yahoo

    VN:F [1.9.22_1171]
    Rating: 2.6/10 (7 votes cast)
    VN:F [1.9.22_1171]
    Rating: +1 (from 7 votes)
    KeHE’s 2013 Holiday Show, held as always at Chicago’s McCormick Place, had the largest number of retailer attendees in the show’s history. The private, two-day industry trade show brought together thousands of retailers and suppliers in the natural, specialty... 
    Read More →