Bühler GmbHSailors SocietyTelestackCimbriaTBA GroupTMS Awards 2023
  • Port of South Louisiana
  • Telestack
  • Port of Stockton
  • Sailors Society
  • TBA Group
  • Vigan

European feed industry continues commitment to responsible soy

(Posted on 26/09/23)

The European Soy Monitor 2021 has been published, containing an overview of estimations on the use of responsible and deforestation-free soy in European animal feed production in 2021. The report points to 40% of soybean meal equivalent of total European soy consumption to be sourced according to the FEFAC Soy Sourcing Guidelines and 24% certified deforestation-free soy. The report also refers to FEFAC’s initial risk assessment which estimates that 93.9% of EU soy imports were sourced from low-deforestation regions, based on EU trade statistics and industry expert assessments.

Since the publication of the first European Soy Monitor of 2018 estimations, the feed industry has demonstrated remarkable progress in responsible soy usage. The provisional data for 2021 indicates that FEFAC members reported an increase of 21% compared to 2018.

Responsible soy, as defined by FEFAC, refers to soy provided through supplier and member schemes and programs that adhere to the criteria outlined in the FEFAC Soy Sourcing Guidelines. These guidelines encompass good agricultural practices, environmental considerations, and social responsibility.

FEFAC President Pedro Cordero expressed his satisfaction with the continued progress, stating, “I am pleased with the continued positive trend that the European feed sector and its supply chain partners have been able to display as regards the industry’s use of responsible soy. I am confident that we will make further progress on the mainstream market transition of responsible soy use from both imported and home-grown sources.”

The European Soy Monitor Report plays a crucial role in contributing to the ongoing EU debate on the protection of world forests, aligned with the Green Deal action plan of the European Commission. As part of these efforts, FEFAC recently reviewed its Soy Sourcing Guidelines to include ‘conversion-free’ soy as an essential criterion for responsible soy schemes & programmes.

The commitment of the European feed industry to responsible soy sourcing has remained strong. FEFAC welcomes the findings of the IDH Soy Monitor, which acknowledges the importance of assessing deforestation risk exposure across all soy used in Europe. FEFAC’s internal estimates indicate that a significant part of soy used in the EU in 2021 came from regions with low deforestation risk, including the EU, United States, Canada, and Ukraine. These sources are considered “deforestation-free,” although not officially certified as such. Furthermore, FEFAC reports that responsible soy and certified deforestation-free soy have continued to gain traction, with total industrial usage surpassing 14 million tonnes in 2021.

Latest News

Rio Tinto reaches four billion tonnes of iron ore shipped to China

(Posted on 22/07/24)

Rio Tinto has celebrates the shipment of four billion tonnes of iron ore from the Pilbara in Western... Read more

Africa’s opportunity to build sustainable logistics networks across mining sector

(Posted on 18/07/24)

Capt. Pappu Sastry, CEO of Adhira Shipping and Logistics (ASL) has said that Africa’s mining sector... Read more

Conditions on Simandou iron ore investment now satisfied

(Posted on 16/07/24)

All conditions have now been satisfied for Rio Tinto’s investment to develop the Simandou high... Read more

ADM offers segregated, traceable soybean meal to European customers

(Posted on 12/07/24)

ADM, a global leader in innovative solutions from nature, has announced that it is offering fully verified... Read more

Rio Tinto to install carbon free aluminium smelting cells

(Posted on 04/07/24)

Rio Tinto will install carbon free aluminium smelting cells at its Arvida smelter in Québec,... Read more

Moonbound appoints ASL for long-term South African lithium logistics project

(Posted on 28/06/24)

Moonbound Mining Ltd. has appointed Adhira Shipping and Logistics (ASL) as its logistics contractor... Read more

ADM and Bayer collaboration help farmers achieve lower carbon emissions

(Posted on 19/06/24)

 ADM and Bayer have announced an extension of their collaboration, working with farmers in a bid... Read more

US House appropriations bill includes reinstatement of NASS reports

(Posted on 14/06/24)

A House appropriations subcommittee in the USA has approved its Fiscal Year 2025 bill that includes... Read more

Rio Tinto to acquire Mitsubishi’s stake in Boyne aluminium smelter

(Posted on 14/06/24)

Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Ltd... Read more

Richards Bay Minerals’ renewable energy agreement

(Posted on 07/06/24)

Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni... Read more

Van AalstViganGeneva DryPort of StocktonPort of South Louisiana
  • Bühler GmbH
  • TMS Awards 2023
  • Van Aalst
  • Geneva Dry

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping