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,
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...