The Strengthening Organic Enforcement Act (SOE) implementation has come and gone, but concerns about organic integrity persist. Imports are a lingering concern, but the SOE Act hasn’t had time to address deeply entrenched fraud in organic markets.
Stakeholders have shared frustration with Fastmarkets over buyers’ commitments to organic integrity. Low pricing is the key specification these buyers are looking for, and this makes sense. Most buyers in this space are part of a larger company, and performance is evaluated based on their ability to make good deals.
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05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...