USITC to continue investigation of organic soybean meal from India

On Friday (May 14), the U.S. International Trade Commission voted in the affirmative to continue the anti-dumping and countervailing duty (subsidy) investigations regarding imported organic soybean meal from India.  

The U.S.-based Organic Soybean Processors of America (OSPA) and eight U.S. mills requested that the U.S. Department of Commerce and the ITC investigate these imports for unfair trade practices. More details will be available soon.  

With this ruling the USITC has essentially recognized that U.S. domestic mills have suffered material injury as a result of the organic soybean meal imports from India. Commerce will conduct the investigations over the summer, and the agencies thereafter will find some remedy to bring consistency and fairness back to the U.S. market for organic feedstuffs.  

“I’ve watched these U.S. businesses struggle and want the USITC to move in their favor with its eventual decisions,” Specialty Soya and Grains Alliance Executive Director Eric Wenberg said. “OSPA’s companies represent an important link in the value chain for agriculture. I think everyone growing, buying and moving soybeans around will agree we want the domestic crushing of specialty and organic soybeans to continue. The value chain of agriculture means we need the grower, the crusher and the end user. Let’s work together.” 

Read the USITC’s news release here.