GAFTA is an international trade association with over 1,900 members in 100 countries. Founded in 1971 from merger of London Corn and Cattle Food Trade Associations. Promotes trade of agricultural commodities, spices, and general produce
EUDR aims to prevent deforestation in EU citizens' consumption products. Applies to palm oil, cattle, soy, coffee, cocoa, timber, rubber and derived products. Operators must verify products come from deforested land after December 2020. Failure to comply faces fines up to 4% of EU turnover
One bushel of soybeans yields 48 lbs of soybean meal. Heat treatment denatures trypsin inhibitors during production. Contains ground soybean hulls in some varieties
Three main types: oilseed, nonoilseed and Conoil. Native to North America, first cultivated in Russia. Native Americans used it for food, medicine and hunting. First commercial U.S. production started in 1966
Commodities are basic goods traded in large volumes for immediate or future delivery. Commodities markets deal in metals and soft items like cocoa, coffee, and oil. Commodities are categorized into metals, energy, livestock, and agricultural products
Wheat's scientific name is Triticum aestivum, belonging to Poaceae family. Most widely cultivated wheat species globally. Annual grass growing up to 1.2 meters tall