We continue to hear conversations about the Strengthening Organic Enforcement Act (SOE) due to be implemented in March. Market participants have taken varying approaches to preparing for the expected changes, and with varying senses of urgency. There is still a lot of confusion at each juncture in the supply chain, but also a general expectation that the National Organic Program (NOP) will be lenient as they roll out the landmark program.
Supply chain traceability is nothing new and it is remarkable that it has taken so long for organic markets to adopt it. The U.S. Food and Drug administration (FDA) issued the Food Traceability Final Rule in November 2023, which had been in development for several years and is set for a 2026 compliance date.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...