As a portent of the imminent rollout of the Strengthening Organic Enforcement Act (SOE), a Minnesota farmer was sentenced to three years in federal prison for fraudulently selling organic grain to a buyer in Pennsylvania. The defendant pleaded guilty in May and was sentenced in December.
The fraudulent scheme to market GMO grain as organic was uncovered because of a consolidation of a merchandiser where the defendant purchased conventional grain to be sold as certified organic. It isn’t clear how this case would have transpired under the auspices of the SOE.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...