Olive oil regulation and adulteration

Olive oil: With prices soaring, record-breaking incidents of adulteration and fraud in the EU

Record cases of possible fraud and mislabeling of olive oil are being recorded in the first quarter of the year in the European Union, as the price of the “liquid gold” soars to more than double 2018 levels, with production hit by extreme weather.

'Stress test': Olive oil producers adapt to climate change

Olive oil producers are improving irrigation and seeking new varieties of olives to safeguard production as climate change upends harvests, causing prices of the staple of the Mediterranean diet to soar.

"Climate change is already a reality and we need to adapt to it," according to the executive director of the International Olive Council (IOC) Jaime Lillo.

Greek olive oil cheaper in the US than Spain’s

Rafael Pico, president of the Spanish Olive Oil & Pomace Olive Oil Exporters Association (ASOLIVA), told Xinhua in an interview that the 25 percent US tariff imposed as of Friday on bottled Spanish olive oil means the product will be effectively "expelled" from the US market.
Spain currently exports around 200,000 tons of olive oil to the US every year.

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