Daily Archives: March 13, 2014

  • Farmers, businesses tap into Japan's nascent olive industry

    Six years ago in city Ukiha of Fukuoka Prefecture, persimmon farmer Mitsuhiko Fujita made up his mind to try something different–he decided to plant olive trees.

    Ukiha is renowned for its persimmons, so it was a big decision for Fujita. But it was a gamble that has really paid off.

    Today, there are 50 farmers in the city cultivating olives, including the 67-year-old Fujita. The city government is also encouraging the cultivation of olives by offering subsidies.

    “We want to make olives a specialty local product,” Fujita said.

    Last year, the olive yield totaled 500 kilograms for the entire city, a fivefold increase from the previous year.

    Many farmers say it is easy to grow olive trees, even for inexperienced or older farmers, compared with persimmon trees.

    “My work was cut to one-tenth compared with the days I farmed persimmons,” Fujita said.

    Fujita grows 52 olive trees of six varieties on a 1,600-square-meter slope of land.

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    Six years ago in city Ukiha of Fukuoka Prefecture, persimmon farmer Mitsuhiko Fujita made up his mind to try something different–he decided to plant olive trees. Ukiha is renowned for its persimmons, so it was a big decision for Fujita. But it was a gamble that has really... 
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  • World Market for Olive Oil and Table Olives at the start of the 2013/14 crop year

    Between October and December 2013, the first three months of the 2013/14 crop year, trade in olive oil and olive pomace oil decreased by 25 pc in Australia, 20 pc in China, 10 pc each in Brazil and the United States, 9 pc in Russia, 8 pc in Canada and 1 pc in Japan.

    The EU data for December 2013 were not available at the time of publication, but the figures for the first two months of the season report a drop of 4 pc in intra-EU acquisitions and of 14 pc in extra-EU imports compared with the same period of the previous crop year.

    Comparison of the figures for December 2013 and 2012 would appear to show that imports are recovering, except in China, Japan and the United States where they have gone down.

    The immediate interpretation is that available supplies in the new season were not at hand for export in the first two months of 2013/14 (October and November 2013), particularly in Spain because of its low level of production in 2012/13, but this does not seem valid for the December figures for China, Japan (to a limited extent) and the United States (where the November figures were better), which are three key importer countries.

    This situation is worrisome and will require close scrutiny of the figures for January 2014.

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    Between October and December 2013, the first three months of the 2013/14 crop year, trade in olive oil and olive pomace oil decreased by 25 pc in Australia, 20 pc in China, 10 pc each in Brazil and the United States, 9 pc in Russia, 8 pc in Canada and 1 pc in Japan. The EU data... 
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  • INDIA – Import trend for olive oil and olive pomace oil

    INDIA – Imports of olive oil into India increased by 33 pc in 2012/13 to reach 12 493.4 t.

    Table 2 lists imports in the last six crop years, itemised by country of origin, and shows that EU countries, led by Spain with Italy, Greece and Portugal following behind, cornered 98 pc of the Indian import market.

    Chart 2 shows the trend of imports from 2002/03 until 2012/13.

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    source internationaloliveoil market newsletter february 2014

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    INDIA – Imports of olive oil into India increased by 33 pc in 2012/13 to reach 12 493.4 t. Table 2 lists imports in the last six crop years, itemised by country of origin, and shows that EU countries, led by Spain with Italy, Greece and Portugal following behind, cornered... 
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  • World olive oil production 2013/14 crop year - IOC Market Newsletter No 80

    Having started on 1 October 2013, the 2013/14 crop year is currently in swing until 30 September 2014.

    Confirming the information reported in earlier issues of the newsletter, world olive oil production this season is expected to be much higher than in 2012/13 when output totalled 2 425 000 t.

    Initially assessed at 3 098 000 t in November 2013, it is now estimated at a slightly lower level of 3 050 000 t according to the latest batch of figures received from some IOC member countries.

    The 2013/14 estimates for the producing countries that belong to the European Union differ somewhat from the first forecasts. Spain expected to produce 1 536 000 t of olive oil, but according to the latest estimates it will produce 1 595 400 t, i.e. 58 800 t more than initially expected.

    In October 2013 Greece forecast a steep decrease in production to a level of 230 000 t due to the severe drought that summer; however, the latest data point to an even lower tonnage of 157 500 t, some 200 000 t or 56 pc down on the previous season.

    Greece’s production has averaged 318 400 t over the last four crop years. Italy expects no change in its production estimate of 450 000 t whereas the outlook for Portugal is for production to be higher than expected, reaching 85 000 t. Notably, Portugal’s production has been rising in recent years.

    Elsewhere in the IOC member countries, production appears to be holding at the initial estimates except in Turkey where production is expected to total 130 000 t as opposed to 180 000 t, i.e. 50,000 t less than first estimated.

    Table 1 shows average production in the last four crop years alongside the most recent estimate for 2013/14 and Chart 1 plots the trend of world production between 1958/59 and 2013/14.

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    Having started on 1 October 2013, the 2013/14 crop year is currently in swing until 30 September 2014. Confirming the information reported in earlier issues of the newsletter, world olive oil production this season is expected to be much higher than in 2012/13 when output totalled... 
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  • Olive oil itinerary to run through Spain, Italy and Israel

    An itinerary revolving around olive oil and wine to foster tourism connected to these staples of the Mediterranean diet is currently under consideration as Project to bolster competitiveness and regional exchanges.

    A work plan, objectives, and methodology were outlined at an initial meeting in Barcelona at the agricultural councillor’s office of the Generalitat attended by Italy’s local action group Terre Shardana and the Israeli tourism ministry, which are taking part in the initiative, Generalitat sources said on Thursday.

    The itinerary is part of the European programme ENPI CBC Med for transnational cooperation, 90% of which is funded by the European Union.

    The project discussed in Barcelona is slated to run 20 months until the summer of 2015 and aims to bolster competitiveness and product marketing and to intensify an exchange of people and goods across the Mediterranean region.

    (ANSAmed).

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    An itinerary revolving around olive oil and wine to foster tourism connected to these staples of the Mediterranean diet is currently under consideration as Project to bolster competitiveness and regional exchanges. A work plan, objectives, and methodology were outlined at an... 
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