Food at Home Prices Continue to Decelerate

Food at Home Prices Continue to Decelerate

 

There is uproar amongst organic food groups in Canada following the Canadian Federal Government’s decision to allow new genetically engineered seeds to be released in Canada without health or safety assessments, with voluntary disclosure. The issue is that disclosure that is not mandatory puts the organic sector at risk, as organic foods prohibit all forms of genetic engineering.

The Canadian organic sector is very disappointed in this decision to update the guidance related to the seeds regulations without requiring the reporting of all gene-edited seeds. Mandatory disclosure is considered a minimum to provide the transparency and traceability needed for organic businesses and consumers. The organic sector has consistently communicated this to the government.

Another issue that comes to light for organic merchants in the United States is that the Canadian organic sector is globally recognized and has equivalency arrangements with 33 countries to…

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03.01.2024

Cold, Winter Weather Impact January Soybean Crush

Cold, Winter Weather Impact January Soybean Crush

**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

U.S. soybean crushing volumes totaled 195 million bushels in January, the USDA reported on...

03.01.2024

Week Closes with Active Gulf Market

Week Closes with Active Gulf Market

Used cooking oil (UCO) traded as low as 39.5 cts/lb into the Gulf market with bids and offers heard in a wide range over the last 24 hours. Offers...

03.01.2024

Animal Proteins – Friday

Animal Proteins – Friday

The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

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