sxg1-b3Xhttps://www.oliveoiltimes.com/production/european-commission-announces-storage-aid/71416sig;sig=*MEUCIQCp26lCWUIRbbplMiw8PWnecLkXPecC06fghOQ51eYp1gIgBmqFRk1RCGltWNToFgWLd56llCDQTCQq32JdZWgJsd8=*;integrity="digest/mi-sha256-03";cert-url="https://www.oliveoiltimes.com/cdn-fpw/sxg/cert.pem.msg";cert-sha256=*J7yg4wLA0ktQ8d4IewA87dAzdqYniNx+bE/94OJQ3Zs=*;validity-url="https://www.oliveoiltimes.com/production/european-commission-announces-storage-aid/cdn-fpw/sxg/valid.msg";date=1653223492;expires=1653234292DdateXSun, 22 May 2022 13:44:51 GMTDlinkYo;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-06Jj2AtcbF39ErRW8uaEfUgD1tX0858vIvLyjh+QTwA=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-PDjHSAaEdPdwbusOq2cMkmn0fq4F+Qd/LFTREDYrXFY=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-/RfyaJyhqn3R1S7WXrlSsJFIfiuxMa04PRcXuxVCnFE=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-YfVbAW6E9cnJbdUjNYZpj0otgcW+pN2CPiW4RYqIbYk=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-rTjhkyCARrqEv4YO1IN/iDYtRKCehlr0n6DfglXPNmE=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-pIAV2othfaiR7RIuGLikz7lOGREby3w37VYX3Q0WEBI=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-ofpr5A2e9jmZSEEPP6/JIPlU6VaF2wnw5BgNBtxi4QQ=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-F9a2qpAgkZNWSUngFIMAvQ6HR4AHt485vqK0Y0gp4dY=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-ryRRIYAccOhwfRG/Sxi2QvhVGBgY3yslP2ETebWUJTc=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-RFDIkyUH+YCsmU4yKimjDnwhRvvGGn+xwJzT7+s5tfI=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-ENZ8HJ9FKTPo8HSeoC9mY6XF+X8iHBul2CfAiyQVk64=",;rel=preload;as=style,;rel=allowed-alt-sxg;header-integrity="sha256-9505v28Dwsx2mToIyAx66JiKtBn9ZQqMwXZ2YjT6eNY=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-46Tf7m/3COyR13UmvPbcNQFDcX+d3iEyUhNLFdel8vc=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-5PyQtxr5edasWrkI7MlP2lTR5q3VOO/LjMoZBX9q1oI=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-vN4QaHm22HtWrwOk1U6qvyecYYWIGjeKqwwpeiFWLxk=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-NSQx/tx5eVUlyxbiuCoA+kJVKJG88xoxrbmeEAk8lmk=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-01qyYJlvJY3YM9lbOVzUspEgcGcc2ClyI9YY4vKtBk4=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-S8jbEzT5j//nm/7BNPwPhuFee0xzpLQK7dcfdzcVYcI=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-9PK8LU+0+HqG9p5m4DGcKebZlgYR89FhHxOZD9I7VPM=",;rel=preload;as=script,;rel=allowed-alt-sxg;header-integrity="sha256-wv1OatRCnJIghe3sADo8kvNyGpm5bkJhpE154sghrOQ="DvaryOAccept-EncodingFcf-rayT70f5fd2b804e3ac8-CDGFdigestX9mi-sha256-03=fHMqsPeBgAPFErUsjpG9pukYa2AkxysIUxlfTUHThBY=FserverJcloudflareG:statusC200Iexpect-ctXWmax-age=604800, report-uri="https://report-uri.cloudflare.com/cdn-cgi/beacon/expect-ct"Jcf-apo-viaFtcacheLcontent-typeXtext/html; charset=UTF-8Mcache-controlLmax-age=7200Mcf-edge-cacheXcache,platform=wordpressMlast-modifiedXSat, 21 May 2022 22:58:42 GMTOcf-cache-statusCHITPcontent-encodingLmi-sha256-03Vx-content-type-optionsGnosniffXaccess-control-allow-originA*@`European Commission Announces Storage Aid - Olive Oil Times

European Commission Announces Storage Aid

Nov. 14, 2019
Isabel Putinja

Recent News

The European Commission adopted a new mea­sure Monday to pro­vide aid to EU pro­duc­ers for the stor­age of olive oil. The mea­sure was intro­duced in response to an imbal­ance in the EU olive oil mar­ket with regard to sup­ply and demand, and a fall in price as a result.

Prices have fallen recently in Spain, Greece and Portugal due to an excess in sup­ply fol­low­ing the 2018/19 har­vest. In mid-October, the price of extra vir­gin olive oil in Spain was 33 per­cent below the five-year aver­age, while in Greece the price was 13.5 per­cent lower.

Olive oil stocks in the EU are esti­mated to be cur­rently at 859,000 tons, with Spain hold­ing 88 per­cent. This is expected to increase once the 2019/20 har­vest is com­plete. In order to relieve pres­sure on the EU olive oil mar­ket, it is hoped that the pri­vate stor­age scheme will help to sta­bi­lize it.


Advertisement

Related Articles