U.S. GOVERNMENT WEIGHING ACTION ON OLIVE OIL TRADE
January 1st, 2013
Both producers and importers of olive oil in the United States will be following their government's actions closely in the coming months as decisions on proposed legislative changes could greatly impact the industry.The sharply divided US Congress has failed to pass a new, multi-year farm bill to replace the 2008 law that expired this year. Instead, it has opted to approve a nine-month extension which is set to expire on September 30 in its December package of measures to prevent the country topping over the much vaunted fiscal cliff.This follows the failure to ...
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