The European Commissioner for Agriculture, Phil Hogan, announced on Monday 14 October in Luxembourg that his department will set up a private storage scheme for the olive oil sector, which is currently in difficulty.
“The current situation in the olive oil sectors is at the top of the Commission's list of concerns”, Phil Hogan said during a debate at the ‘Agriculture’ Committee about the market situation. Prices in Spain are very low.
European olive oil production next season is...