Daily Archives: July 4, 2014

  • World Olive Oil Exhibition prepares 2015

    Featuring a new image, the World Olive Oil Exhibition (WOOE) is already preparing its fourth edition to be held from 12 to 13 March 2015 at IFEMA in Madrid, where major international buyers and quality olive oil producers will meet.

    Organizers have stressed that internationalization will remain a key factor of the WOOE, aspiring to exceed last year’s figures, which recorded 20% more participants that came from 37 countries.

    Also, the event featured 100 mills from regions such as Andalusia, Castilla-La Mancha, Extremadura, Galicia, the Balearic Islands or countries such as Tunisia, which presented its oils to more than 2,000 visitors who attended the fair.

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    Rating: 6.2/10 (111 votes cast)
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    Featuring a new image, the World Olive Oil Exhibition (WOOE) is already preparing its fourth edition to be held from 12 to 13 March 2015 at IFEMA in Madrid, where major international buyers and quality olive oil producers will meet. Organizers have stressed that internationalization... 
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  • Spain concerns send olive oil prices soaring

    Drought in Spain, which has raised expectations for the country’s grain imports, is provoking concerns of poor prospects for one of its main exports, olive oil, for which output may tumble at least 40%.

    Prices of extra virgin olive oil rose 10% last month on the benchmark MFAO Olive Oil Exchange in Jaen, Spain, the top producer of the commodity, responsible for some 40% of world output.

    For virgin olive oil, prices soared 21%, topping E2 a kilogramme.

    The increases reflect concerns that hot and dry conditions are to prompt a repeat of 2012, when olive oil production halved, only to rebound strongly in 2013-14, which ends in September- in part because the previous crop’s poor performance allowed for improved flowering and fruit setting.

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    Drought in Spain, which has raised expectations for the country’s grain imports, is provoking concerns of poor prospects for one of its main exports, olive oil, for which output may tumble at least 40%. Prices of extra virgin olive oil rose 10% last month on the benchmark... 
    Read More →