date:Sep 17, 2013
uces high-quality extra virgin olive oil, mostly through highly mechanized and intensively managed groves. U.S. farm level production costs for olive oil are competitive, but lack of scale and high capitals costs result in higher prices in the retail market.
Earlier this year a report revealed that food fraud continues to rise hitting a staggering 60% since 2010.
The latest report was compiled at the request of the U.S. House Ways and Means Committee.