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…
10.29.2024
Diamond Green Diesel announces SAF unit startup
Diamond Green Diesel’s sustainable aviation fuel (SAF) unit has been completed and is in the process of starting up, the company announced during Valero Energy’s earnings call on Thursday...
10.29.2024
CWG markets softening amid seasonal demand trends
The US animal fats and oils markets were stable to slightly lower on Tuesday October 29.
Choice white grease (CWG) prices were stable in the Missouri River market on Tuesday....
10.29.2024
Ruminant, porcine bloodmeal under price pressure in US animal proteins market
US animal protein prices were mixed on Tuesday October 29.
Ruminant and porcine bloodmeal were under price pressure on Tuesday due to lower soybean meal futures on the...