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Olive Oil Sector Gets $10 Million Boost Under Food Security Policy

Israel's Ministry of Agriculture is providing $10 million to olive oil growers in 2026 to boost domestic production and food security.

Politics

Jerusalem, 20 April, 2026 (TPS-IL) — Israel’s Ministry of Agriculture and food security will allocate around NIS 30 million ($10 million) in direct support to olive oil growers in 2026 to help bolster local production and Food security. The move follows the 2023 reduction in tariffs on olive oil imports and a shift toward compensating farmers directly rather than through border protection.

Funding will be distributed according to the size of olive groves and cultivation methods, including irrigated and self-fertile systems. Deputy Director of Finance and Investments Yossi Steinberg said the support provides “economic certainty” for growers and helps maintain stable domestic production amid market competition.

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Thursday, 23 April 2026 Updated continuously