NAPA’s extension pushes the FIP deadline to 2026, providing a narrow window for nations to adopt sustainable management practices, while ICES data underscores severe overfishing of key species.
Operators across the non-GMO value chain are united in battling the current challenges posed by the planned deregulation of New Genomic Techniques, as proposed by the EU Commission.
The strike, that affected 36 ports, reached a tentative agreement for a wage hike of around 62% over six years.
Responding to calls by global partners, the commission is proposing the law applicable on December 30, 2025 for large companies and on June 30, 2026 for small companies.
The US Department of Agriculture said that non-containerized bulk exports, such as grains, will remain unaffected.
Peru’s strong first anchovy season drives higher fishmeal and fish oil production.
FEFAC provided an initial overview of the potential EUDR economic impact on the EU feed chain with extra costs 5-10% on top of normal market price quotations for soybean meal.
Data from European producers show significant production of food and feed in 2023 along with sustainable biofuel, highlighting the strategic importance of domestic ethanol biorefineries.
Fishmeal and fish oil production increases thanks to the increased catches in the north center of Peru.
The global outlook for 2024/25 soybean production has increased by 6.9 million tons to 428.7 million on higher production for the United States, Ukraine, Russia, India, and Benin.
Global soybean trade for marketing year 2023/24 is increased on higher exports from Brazil, Argentina, Paraguay, Benin, and Canada.
The first 2024 anchovy season in Peru’s north-central fishing zone ended in June with more than 98% of the quota fulfilled.
The platform is helping to reduce inefficiencies and risk in global trade, with the majority of the exports from Brazil, the US and Argentina conducted via the Covantis platform in 2023.
The arrangements aim to reduce fishing pressure on the Northeast Atlantic mackerel stock significantly and act as a stepping-stone towards a long-term quota-sharing arrangement.
Around 185,000 metric tons of deforestation-free soybean meal were shipped from Brazil to Thailand to test the companies’ joint digital blockchain traceability solution for sustainable soy.
The company and Mengniu Group signed an agreement that is the first in China to include a deforestation- and conversion-free clause.
Luis Icochea, former director of IMARPE, highlighted that the progress of the current season and the good state of the biomass cast aside the myth of resource predation.
The U.S. Grains Council, the American Soybean Association, the North American Renderers Association and the American Feed Industry Association have been some of the selected organizations.
The beans and processed meal are assured to be free from recent deforestation and have been segregated since harvesting to ensure no blending with non-certified produce.
Two fisheries dropped into the “poorly managed” category: Chilean jack mackerel – SE Pacific (Peru), and blue whiting - NE Atlantic, which dropped after moving up in 2022.
