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…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...