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Aerial view of olive groves and vineyards on a hillside in Tuscany, Italy
Markets

Italy's olive oil prices halve as Europe's harvest grows

Extra virgin prices in Italy have fallen by roughly half in a year as record stocks pile up and a bigger regional harvest pushes the whole market lower.

1 November 2026 · 2 min read

Latest

27 stories
Close-up cross-section of a fresh white truffle showing its marbled cream interior
Produce · Grinzane Cavour

World Truffle Auction returns to Grinzane Cavour on 8 November

The charity sale that closes Alba's truffle fair moves to its 27th edition at the UNESCO-listed castle, a year after its top lot sold for €110,000 to a buyer in Hong Kong.

1 November 2026 · 1 min read
Rows of whole salted fish crusted in white salt, hanging to dry on a rack
Produce · Lisbon

Bacalhau tops €21.82 a kilo as Portugal heads into Christmas

Weekly tracking from consumer group DECO PROteste puts salt cod 36% above last year, as Norway and Russia cut the Barents Sea cod quota to its lowest level since 1991.

30 October 2026 · 2 min read
Autumn vineyards and hill villages of the Langhe, Piedmont, with the Alps on the horizon
Produce · Alba

Alba's white truffle fair runs to December in its 96th year

The World Truffle Market, chef-led dinners and cooking classes keep the Langhe hills busy through December 6, as this year's harvest finds its price.

29 October 2026 · 2 min read
Wheels of Parmigiano Reggiano cheese stacked and ageing in an Italian dairy warehouse
Produce · Parma

Parmigiano Reggiano's US sales grow 7.6% despite tariffs

Exports to the United States reached $340 million in the first five months of 2026, the consortium says, even as fake "parmesan" still dominates American cheese counters.

25 October 2026 · 2 min read
Tractor unloading a sack of freshly picked olives into a trailer in an olive grove near Jaén
Produce · Jaén

Spanish olive oil prices slide as farmers demand storage rule

Extra virgin trades below €3.20 a kilo at origin, and Spain's four big farm organisations want Madrid to order mills to hold back part of a 1.6-million-tonne crop.

22 October 2026 · 2 min read
A gloved hand holds freshly picked green and black olives above a crate during harvest
Produce

Italy's olive oil stocks surge as new harvest floods in

Italian reserves are up 47% on last year just as Spain and Greece start pressing a bigger 2026 crop, pushing early prices down across the Mediterranean.

16 October 2026 · 2 min read
Baskets of tomatoes, scotch bonnet peppers and cabbages laid out at a Nigerian market
Produce · Lagos

Nigeria food inflation: food prices fall 1.55% in September

Headline inflation eased to 14.63%, a third monthly decline, while the annual food rate barely moved. In Lagos markets, maize and pepper got cheaper and tomatoes dearer.

16 October 2026 · 2 min read
Salmon farm pens in a turquoise fjord in northern Norway below green mountains and fireweed
Produce · Tromsø

Norwegian seafood exports stall despite record salmon volume

Norway shipped 165,393 tonnes of salmon in September, more than in any month before, yet a stronger krone and a 67% fall in mackerel left the total flat at NOK 17.8 billion.

7 October 2026 · 2 min read
Shelves of purple eggplants and baskets of green and red chillies at a Philippine public market
Produce · Manila

Philippine inflation hits 7.2% as rice and vegetables surge

Consumer prices rose 7.2% in September, the fastest since March 2023. Rice is up 20.3% on the year, and the Department of Agriculture has earmarked 45 billion pesos for El Niño.

6 October 2026 · 2 min read
Plate of chicken with dark mole sauce and rice on a green tablecloth at a mole fair
Produce · Mexico City

Feria Nacional del Mole opens in Mexico City's mole town

San Pedro Atocpan, on the capital's rural southern edge, says it makes 60 per cent of Mexico's mole. Its 49th fair runs to 25 October with 23 restaurants and 17 producers.

4 October 2026 · 2 min read
Red fishing boat moored in Vigo's port while crew sort nets on the quay
Produce · Vigo

Conxemar 2026 brings 800 seafood exhibitors to a full Vigo

The frozen seafood fair runs from 6 to 8 October after a FAO congress on trade, AI and traceability. Last year's edition closed €831.7 million in deals, and the venue has no space left.

3 October 2026 · 2 min read
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