Posted on July, 9, 2024 at 09:39 am
ADM is offering fully verified, segregated and traceable soybean meal and oil to meet the requirements of European customers as EU deforestation regulations take effect on Dec. 30.
In March, ADM launched a fully traceable North American soybean program called re:source, which enrolled almost 5,300 farmers encompassing more than 4.6 million acres across 15 US states for the 2024 season.
The program utilizes cutting-edge technology, such as the FBN Gradable digital platform, as well as ADM’s origination and transportation capabilities to verify, trace and segregate participating beans from farms to their final destination. The company will utilize the sustainability measurement platform TRACT, an industry-led joint venture, to provide enhanced traceability solutions to its customers across the supply chain.
“Thanks to the critical participation of our farmer network as well as our dedicated US elevators and segregated transportation and logistics capabilities, we are in a position to supply all of our existing customers in Europe with soybean meal and oil once new rules go into effect at the end of this year,” said Sebastian Kuck, general manager, EMEA Soy Crush, for ADM in Rolle, Switzerland.
Beyond North America, ADM continues to work across other regions to pilot soybean crushing and exporting of both beans and meal to the EU in fully traceable and segregated supply chains.
“Although industry continues to await final implementation guidance from the European Commission on the EU deforestation regulation’s requirements, this program will ensure we can continue to give US farmers the choice and the opportunity to add value by supplying global markets, while meeting our customers’ needs through ADM’s fully segregated and dedicated supply chain,” said Jon Turney, president, EMEA Oilseeds for ADM.
European customers can contact their local ADM office for pricing and more information on traceable soybean meal and oil beginning on July 8.
Source: World Grain