Organic markets are set to undergo a significant transition as new enforcement procedures loom for stakeholders. Some market participants fear the disruption to supply, though this is not likely a universal risk, but certainly for some counterparties, or in some locations, as casual participants head for the exit.
The administrative overhead required for the USDA’s Strengthening Organic Enforcement (SOE) program, known as Organic 2.0, will likely deter some market participants, who carry organic lines as a minor part of their business. Most operators will absorb the new administrative overhead and adapt to new requirements.
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12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...