09.29.2023
Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
Togo’s organic soybean production continues to expand as the small West African nation deepens its trading ties with the EU and other keen buyers. The sector has benefitted from grassroots organization as well as policy support from the top. Organic soybean stakeholders met about 90 miles outside the capital Lomo in Atakpame on September 6.
Organized by Jonction de Croissance Agricole of Togo (JCAT) and the FAO, the stakeholder’s meeting to evaluate the sector’s organization followed a strategic plan for organic soybean production in Togo that was released on June 19. The plan calls for production of 500,000 metric tons (mt) by 2028 to ensure adequate stocks for crushing locally and the balance for export. The group also discussed new trade incentives offered by…