The US has pivoted to Africa in recent years to source organic soybeans, following the Antidumping Duty Order issued in 2022 that throttled back India’s exports. European Union member countries have also grown reliant on Togolese organic soybean exports, after losing faith in the status of Indian organic exports.
The EU imports as much as 75% of their organic soybeans from Togo currently, though data for 2023 is not yet available.
Back in 2021, Fastmarkets reported on the launch of the Adetikope Industrial Platform (PIA) in Togo. The new foreign controlled entity quickly scaled Togolese organic soybean exports,
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...