The amount of FEFAC SSGs’ compliant soy products that FEDIOL companies were able to sell as verified or certified in 2021 has dropped to 7%, said the trade group.
EU-proposed due-diligence legislation has been criticised for triggering unintended consequences across the supply chain, which begs the question: will such a law actually promote climate smart food?
A new “cooperation agreement” sees the setting up, for the first time, of a formal working relationship between Brazilian soy producers and key European soy purchasers.
An EU protein policy recognizing the contributions made by foliar legumes, lupins and soy, as well as peas and beans is said to be a key way to reduce the bloc's dependency on imported soy for livestock production.
New measures to restrict the import of soy foods into the EU from China may have an effect on soy stocks already in the EU, and push up ingredient prices over the coming months, say industry experts.
UK food manufacturers can now source soy that is certified as Non-GM and Responsibly Produced, as two new standards have been developed in response to retailer demands.