U.S. Terminates Organic Recognition Agreement with India; Organic Soybeans are Stable

U.S. Terminates Organic Recognition Agreement with India; Organic Soybeans are Stable

 

While it’s too early to determine how the U.S. ending the organic recognition agreement with India will impact organic soybean prices and organic soybean meal prices, the change is likely to affect players on the fridge. Most merchandisers, crushers, feed mills, traders, broiler, dairy, and layers operations deal with Indian exporters that are reputable, but there will always be a few that are on the fringe. It will be these players that will create an issue in the U.S.  

According to the USDA, Indian organic producers have six months to gain certification with a USDA-accredited certifying agent. Certifiers are currently at maximum capacity and will likely take time to address new certification requests. The agreement between the U.S. and India dates back to 2006. The USDA says that they “need a more active oversight presence in India to protect organic integrity more directly.” The main issue is…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.25.2024

US heating oil, distillate fuel consumption lower than usual in Q1

US heating oil, distillate fuel consumption lower than usual in Q1


In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...

04.25.2024

Chicago animal fat prices fall on increased supply

Chicago animal fat prices fall on increased supply

Four cars of packer grade bleachable fancy tallow traded at 40.5 cents per lb Chicago on Thursday April 25, down 1.5 cents per lb from the previously-traded level.

04.25.2024

Choppy tones widen ranges on porcine meat, bonemeal

Choppy tones widen ranges on porcine meat, bonemeal

The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.

Poultry byproduct pet grade and feathermeal were steady...

Latest Tweets