Global agriculture business ADM is to offer fully verified, segregated and traceable soyabean meals and oils that meet the needs of its European customers after EU deforestation regulations come into effect on December 30th 2024.
In March 2024, ADM launched a fully traceable North American soybean programme entitled re:source, following a successful pilot scheme covering 64,000 tonnes of soya exports. Almost 5,300 farmers cropping over 4.6 million acres across 15 states enrolled in the project for the 2024 season. Re:source uses technologies including the FBN Gradable digital platform, as well as ADM’s origination and transportation capabilities, to verify, trace and segregate participating soyabeans from farms to their final destination.
The company will also use 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 soyabean meal and oil, once the new rules go into effect at the end of this year,” notes Sebastian Kuck, general manager of the Europe, Middle East and Africa (EMEA) soy crush at ADM.
Outside North America, ADM is working across other key regions to pilot soyabean crushing and the 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,” adds Jon Turney, ADM president EMEA oilseeds.
European customers will be able to contact their local ADM office for pricing and more information on traceable soyabean meal and oil from July 8th.