Organic and Non-GMO Market News
Ukraine war, trade tensions with India causing volatility in U.S. organic soybean market
Prices for organic soybeans in the U.S. increased by nearly 110% from January 2021 to May 2022. Meanwhile, U.S.-India trade tensions have caused imports of Indian organic soybean meal to contract 78% through April 2022. Over the past decade, U.S. organic markets have ridden a wave of rapid consumer demand growth. According to the U.S. […]
Read MoreNot so sunny: Global supply of organic and non-GMO sunflower oil “extremely tight” due to Ukraine war
“If you didn’t buy organic or conventional sunflower oil before the war, you won’t find it,” says one supplier Russia’s invasion of Ukraine is not only causing a devastating humanitarian crisis in the country; it is also causing a food crisis that is rippling throughout the world. Ukraine is a leading producer and exporter of […]
Read MoreOrganic standards need continuous improvement to meet consumer expectations and build trust
Consumers need a go-to source of reliable information about organics Building consumer trust in organics and continuously improving organic standards were key themes at the Organic Trade Association’s Organic Week event held at the end of March in Washington, DC. Darci Vetter, global head for policy and government relations at the Nature Conservancy, presented findings from Edelman’s Trust Barometer, […]
Read MoreConflict, input availability, and drought conditions posing significant risk to organic markets
U.S. organic corn and soybean production expands significantly By Mercaris Markets have turned decidedly bullish for all three major organic crops since September 2021 as supply outlooks have become increasingly uncertain. Despite all prices moving generally higher, the ability of these markets to maintain their current price levels will hinge on a variety of factors […]
Read MoreGauging the gap: Assessing the U.S. organic soybean supply deficit
By Ryan Koory, vice president of economics, Mercaris To say the U.S. organic soybean market unraveled over 2021 is a fair assessment. January brought an end to the U.S. Department of Agriculture’s organic recognition agreement with India. In March, the Organic Soybean Processors of America submitted a petition for anti-dumping and countervailing duties against Indian organic soybean meal, which […]
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