Farms.com Home   News

Codex Committee on Fats and Oils Approves High Oleic Soybean Oil Standard

The U.S. Soybean Export Council (USSEC) is happy to announce that the Codex Committee on Fats and Oils (CCFO) voted on February 19th to approve a standard for High Oleic Soybean Oil (HOSO). The standard will be advanced to the Codex Alimentarius Commission for final endorsement, which is scheduled for late November 2024. USSEC applauds the Food and Drug administration (FDA) and the U.S. Department of Agriculture (USDA) for working to get the standard approved, which will help facilitate the exports of HOSO. 

Since 2020, USSEC has collaborated with various domestic and international partners to facilitate a Codex standard for HOSO. The standard aims to facilitate trade by establishing a universally recognized benchmark for the product. In 2020, USSEC partnered with the FDA and USDA, representing the U.S. at Codex, to create a standard to the CCFO. Following efforts and support from regional partners, CCFO acknowledged the necessity for such a standard and tasked the FDA with forming a workgroup for its establishment in 2021. Since then, USSEC has collaborated with the FDA and USDA and other domestic stakeholders within the workgroup to develop the standard, with USSEC providing additional data such as acreage, availability, and composition, and having a contractor dedicated to this work. 

Click here to see more...

Trending Video

Market Plus With Ted Seifried

Video: Market Plus With Ted Seifried

Ted Seifried discusses the commodity markets in a special web-only feature.