"Every day that goes by farmers lose revenues that are vital to its economy"
PRESS
Monday, March 21, 2011
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claim COAG-Jaén activation of private storage by April
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This organization believes that the date announced by Brussels, 13 April, to address the adoption of this mechanism is to lose precious time. 
March 21, 2011. The Coordinator of Organizations of Farmers and Ranchers, COAG Andalusia, claims to be active private storage of olive oil by April. Following pressure from the olive, which on Friday demonstrating massively shared, the streets of Jaén, Commissioner for Agriculture, Dacian Ciolos, has decided to address the Management Committee next April the activation of this mechanism requested by Spain and supported by several countries EU.
March 21, 2011. The Coordinator of Organizations of Farmers and Ranchers, COAG Andalusia, claims to be active private storage of olive oil by April. Following pressure from the olive, which on Friday demonstrating massively shared, the streets of Jaén, Commissioner for Agriculture, Dacian Ciolos, has decided to address the Management Committee next April the activation of this mechanism requested by Spain and supported by several countries EU. However, the agricultural organization considers to wait until April for the activation of private storage is excessive, "given that" every day that goes by farmers lose revenues that are vital to its economy, "such and as stated Rafael Civantos, general secretary of COAG-Jaén. Therefore, from COAG is required to address the subject in one of the EU committees to be held before the end of March.
owner of the field itself in Spain, Rosa Aguilar, defended the immediate activation of this mechanism, which allows to remove oil from the market to recover prices, because the sector "can no more."
"It's outrageous that we have to endure almost a month to discuss an issue that industry losses are so clearly established," said Rafael Civantos.
COAG notes that the situation is unsustainable in the field after three consecutive years by selling below cost, representing a loss of close to 2,500 million euros. This agricultural organization has repeatedly demanded the urgent activation of private storage as the only instrument to allow immediate recovery in home prices. Currently, the threshold that triggers automatic storage private is € 1,770 / tn. of extra virgin olive oil and € 1,710 / tonne for virgin oil and 1,520 for lampante prices away from the industry's costs. Remember that two years ago, and even though the private storage was activated too late (in July), only the announcement of its launch and caused a 26% rise in price (from the € 1.61 / kg to € 2.03 / kg).
Andalusia has a million and a half hectares under olive (33% of the Utilised Agricultural Area), a crop that generates more than 30% of agricultural employment, with more than 200,000 olive growers and 14 million days. This culture is the center of economic activity of more than 300 Andalusian municipalities, mainly located in the provinces of Jaen, Cordoba, Granada, Malaga and Sevilla. Olive oil contributes about 18% of the PRA, 21% of the Andalusian Plant Production and 20% of agricultural income.
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