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.
CircleOut captured over 750 contracts and identified, across both markets, close to 800,000 tonnes of circles and washouts on its first week of operation.
The study found that the soybean industry’s carbon footprint decreased considerably in 2021 for all U.S. soy commodities compared to 2015.
The survey shows that fumonisins, deoxynivalenol and zearalenone are most frequently found, with the highest regions in North and Central America, South Asia, China and Taiwan.
New this year, the report includes forage mycotoxin analysis in addition to providing a detailed look at mycotoxin contamination levels across countries, regions and the globe.
IFFO also reported unexpected sea warming off Peru's central coast, despite El Niño weakening.
In the EU alone, 3 million tonnes of soy were harvested in 2023, 740,000 tonnes more than in 2022, which is an increase of a third on the previous year.
Samples showed lower risk in the upper Midwest and higher risk in the East. A combination of drought and untimely rains led to much of the risk.
The aquafeed industry has embarked on its transition to sustainability and will not step back from buying products from responsible fisheries, it was said in a recent EFFOP webinar.
The successful pilot has resulted in 2.4 million bushels (64,000 metric tons) of verified, fully traceable U.S. soybeans shipped from the U.S. to Europe.
In 2023, Covantis captured 719 million metric tons of volume executed through its platform, representing a substantial increase compared to the previous year.
The early start in October 2023 resulted in higher catches in November 2023 and contributed substantially to the overall surge in raw material usage.
Conflicts in the Red Sea and vessel restrictions in the Panama Canal due to drought are expected to elevate the costs of shipping products by sea.
A recent study, that compares soybean production, marketing costs, and export competitiveness in Brazil and the US, projects changes in the competitiveness of Brazil with implications for U.S. and international agricultural markets.
U.S. Customs and Border Protection was forced to suspend rail operations at key points to alleviate an increase in illegal immigration at the border.
In China, local fishmeal producers are encountering difficulties in selling their products due to a poorer demand and the abundance of standard quality fishmeal.
