Togo’s organic soybean production continues to expand as the small West African nation deepens its trading ties with the EU and other keen buyers. The sector has benefitted from grassroots organization as well as policy support from the top. Organic soybean stakeholders met about 90 miles outside the capital Lomo in Atakpame on September 6.
Organized by Jonction de Croissance Agricole of Togo (JCAT) and the FAO, the stakeholder’s meeting to evaluate the sector’s organization followed a strategic plan for organic soybean production in Togo that was released on June 19. The plan calls for production of 500,000 metric tons (mt) by 2028 to ensure adequate stocks for crushing locally and the balance for export. The group also discussed new trade incentives offered by…
09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
09.06.2024
Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...