Organic markets are set to undergo a significant transition as new enforcement procedures loom for stakeholders. Some market participants fear the disruption to supply, though this is not likely a universal risk, but certainly for some counterparties, or in some locations, as casual participants head for the exit.
The administrative overhead required for the USDA’s Strengthening Organic Enforcement (SOE) program, known as Organic 2.0, will likely deter some market participants, who carry organic lines as a minor part of their business. Most operators will absorb the new administrative overhead and adapt to new requirements.
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09.19.2024
SAF roadmap, collaborations announced at Bali International Airshow
At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...
09.19.2024
US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say
The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.
09.19.2024
Animal protein prices steady; August cattle, hog slaughter down
US animal proteins were rangebound on Thursday September 19.
August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...