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January 28, 2021
CFTC Orders Nebraska Company To Pay $400,000 For Position Limits Violations Date 28/01/2021 The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against an Omaha, Nebraska-based company that refers to itself as AG Processing Inc a cooperative (AGP) for exceeding the CFTC’s all-months speculative position limits for soybean meal futures contracts traded on the Chicago Board of Trade (CBOT). The order requires AGP to pay a $400,000 civ...
January 18, 2021
ResearchAndMarkets.coms offering. Increasing interest in soy food products from mainstream consumers who want to include more plant-based foods in their diet is creating demand from food and beverage processors, who in turn are demanding more soy derivatives from manufacturers. Mainstream consumers are influenced by various factors: increasing research about the health benefits of the soybean and products derived from it; support from health professionals and the media about the value of soy i...
January 17, 2021
144.109 Declaration required to qualify for duty amount In order to qualify for the duty amount applicable to goods produced by an overseas exporter specified in Table 1, a valid commercial invoice with an accompanying declaration must be presented to HMRC on importation of the goods. The text of the declaration is set out in Annex 2. If an invoice is not presented, or the declaration is not made, the residual amount is the duty amount applicable to the goods. Goods subject to duty Category 1 g...