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.
The US Department of Agriculture shared its monthly report on crop acreage, yield and production in major countries worldwide.
These landings represent 42.34% of the 2,475,000 tons of quota assigned for the ongoing season.
Torrential rainfall in Rio Grande do Sul, Brazil's second-largest soybean and sixth-largest corn state, is disrupting the final stages of soy harvest.
This new version lays the foundations for fully traceable marine ingredients and progresses the standard's focus on environmental and social impacts, both at the factory and on the vessels supplying whole fish.
The FEFAC Soy Sourcing Guidelines 2023 contain 73 criteria, covering a wide sustainability spectrum.
EU soy area is increasing but delayed EUDR implementation poses a threat to soy cultivation in Europe.
The deal is expected to renew the suspension of import duties and quotas on Ukrainian exports to the EU until June 5, 2025.
Speakers at IFFO’s Members Meeting shared positive expectations for a rebound in fishmeal and fish oil production to take place in 2024.
The quota for the Nort-Center region has been fixed at 2.475 million tons, more than double last year’s quota.
Soybean growers intend to plant 86.5 million acres in 2024, up 3% from last year.
The comprehensive database supports better FIP management, design, and implementation.
The company is the first in the region to be ISO 20400 certified, proving its sustainable purchasing strategy.
