2006 GLOBAL OLIVE OIL OUTLOOK IS POSITIVE SAY INDUSTRY EXPERTS

BY MARK ROWE DESPITE devastating hailstorms along Italy's Adriatic Coast and concerns over damage from the olive fly, the forecast for the olive oil market for the 2006 season is positive, according to the International Olive Oil Council (IOOC). "All the information available predicts a good harvest for this season" said a spokesman for the IOOC. "The rainfall that occurred in almost all the Mediterranean regions in September and October 2006 will be beneficial for olive production, especially for those olive varieties usually harvested from ...


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