East Coast organic corn prices have strengthened in recent weeks as buyers look to cover their inventory needs amid growing volatility. Industry rumors point to a large load of organic corn under investigation by NOP, but we’re unable to confirm this.
However, the National Organic Program (NOP), a division of USDA, has recently taken prompt action – for the federal government – on West African organic soybeans and meal. They are positioning themselves for effective enforcement because of the stringent new requirements outlined in October 24’s commentary.
The agency’s demands aren’t technically new. The Strengthening Organic Enforcement (SOE) is built upon NOP import certificates (NOP-IC) and a governing principle of traceability.
Operators have been blurring the lines as far as NOP requirements go by bundling shipments under one IC. The inclination to bypass…
10.28.2024
US crude, kosher crude glycerin prices to increase amid uncertainty on biodiesel tax credit: sources
Crude glycerin supply is highly correlated with biodiesel production; it is a co-product of the biodiesel production process, and it remains uncertain how many US biodiesel producers will be...
10.28.2024
US CWG prices dip slightly amid increasing hog slaughter rates
The US animal fats markets experienced a quiet start on Monday October 28, with little change reported aside from a slight dip in choice white grease prices on an...
10.28.2024
US cattle slaughter forecast up w-o-w, down 2% y-o-y
Trading in the US animal proteins market was quiet on Monday October 28, with no price changes reported.
Fastmarkets’ research team forecasts cattle slaughter at 625,000 head for...