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According to a study published in the Proceedings of the National Academy of Sciences, in less than 40 years, three-quarters of the wine producing areas on Earth will not be suitable for vine farming due to the effects of climate change. In the Mediterranean region where the climate change impact is expected to be heavy,…
It’s looking like an above-average year for the 2013 olive harvest. Olive press and Moonlight Estate grove owner Peter Green said this year’s harvest would be a big improvement on last year’s disappointing yield, which was down by about 60% on the previous year’s record amount, although this meant the oil yield was up by…
Glencore Xstrata’s Bulga Underground mine, near Singleton in the Hunter Valley, is now producing more than just coal. It’s also producing olive oil. The mine owns Atulya Olive Grove, which shares land with the mine. So while our miners are producing coal underground, olive grower Andrew Waite is busy producing olives above it.
The New Zealand olive harvest is well and truly in full swing, and it’s generally looking like a good one. Olive NZ executive officer Gayle Sheridan has had reports of yields as high as 23% in some regions, with an average of 16-18%, and “superb” tasting oils. Looks like there’ll be some stiff competitive for…
Deoleo, the world’s biggest olive oil company, says American consumers have helped offset a fall in its sales due to belt-tightening by Spanish and Italian households. In its latest annual report and first quarter results for 2013, the Madrid-based company also revealed plans to follow last month’s opening of its own sales office in China…
Spanish food giant Deoleo wants radical changes to the quality criteria and allowed category names and marketing claims for olive oil. The company, which is investing strongly in emerging markets as sales slump in mature ones, says current terms such as ‘extra virgin’, ‘virgin’ and ‘refined’ olive oil should be replaced with words meaning more…
Kangadis Food Inc, the olive oil company being sued by the North American Olive Oil Association (NAOOA) has admitted that, “at all relevant times prior” to the lawsuit, its Capatriti brand “100% Pure Olive Oil” was not pure olive oil. It was olive pomace oil instead. NAOOA estimated Kangadis sells about one million tins of…
A federal judge in New York gave Kangadis Foods, the marketer of Capatriti brand olive oils two choices: either recall its “100% Pure Olive Oil” products, or apply stickers to every tin notifying customers that what’s inside is not really olive oil at all. In North American Olive Oil Association (NAOOA) v. Kangadis Food Inc.,…
In order to educate consumers about the measures of quality in extra virgin olive oil, (European EVOO advocacy group) Flavor Your Life has issued a report regarding its classification and organoleptic characteristics.
The spectacular surge in demand for olive oil in developed and emerging markets beyond the Mediterranean will last at least the next five years, largely driven by health interests, a Rabobank report says. The bank’s food and agribusiness research unit sees market expansion opportunities for big, global brands and also for cost leaders who tap…