Cobram Estate's Ultra Premium Picual is an extra virgin olive oil produced from the Picual olive variety, originally from Andalusia, Spain, and cultivated in Northern Victoria, Australia. The oil is crafted using a method designed to highlight the varietal's characteristics, resulting in a balanced profile with green olive fruit notes, tomato bush, and fig leaf aromas. It exhibits moderate levels of bitterness and spiciness, contributing to its complex flavour structure.

This oil is suitable for a range of culinary applications, including tomato-based dishes, salads, pastas, bruschetta, and paella. It is recommended to be consumed fresh to preserve its quality.

The Ultra Premium Picual has received recognition in multiple competitions, including awards such as Best in Class at the 2018 RASNW Olive Awards and gold, silver, and bronze medals across various international and domestic olive oil competitions. Specific accolades include victories in the Australian International Olive Awards, New York International Extra Virgin Olive Oil Competition, and Olive Japan International Extra Virgin Olive Oil Competition.