An ag economist says there will likely be a shift in organic soybean imports in the second quarter of 2022 following the Department of Commerce’s findings in a case against India which could reshape markets.
In March, the Organic Soybean Processors of America filed a petition that India was dumping organic soybean meal into the U.S. at a discount. Ryan Koory with Mercaris tells Brownfield the department’s preliminary decision confirms those claims.
“They absolutely found grounds to support duties against India on the grounds that they were to U.S.