IFFO's Monthly Update constitutes a key communications tool for the marine ingredients industry and its main players. This report is dedicated to the needs of IFFO's members, bringing together industry news and insights from our diverse network.
This month has been yet another busy period for IFFO, with our first joint IFFO / JCI Fishmeal and Fish Oil Forum on 28th March, the release of two new China reports, a Dioxins and PCBs report, as well as continued work with CEFAS and UN FAO. Both a summary and the presentations from the IFFO/JCI forum will be made available in April. We will also be releasing a set of significant changes to our IFFO RS Standard in the coming month and information on this will be sent to members and posted on our website.Update - March 2014 - 256.pdf
We have been working to build our network of contacts with related trade associations and were delighted to run our first joint training course with the Grain and Feed Trade Association (GAFTA) in Lima. Discussions are also being held with the Federation of Oils, Seeds and Fats Associations (FOSFA) for a similar joint course later in the year. Please check our website for details of these and other training opportu-nities during 2014. March sees another first, with IFFO holding a conference in Xiamen, China with our partner JCI, an agri-commodities market research agency. This is in response to IFFO members looking for an annual trade event in China and we hope those members who have already registered will find this a useful insight to this important market.Update - February 2014 - 255.pdf
I am sure 2014 (and the Chinese year of the Horse) will be another exciting year for our industry. Our challenges remain to deliver consistent quality from responsibly managed sources, maximise volumes into production and ensure the finished products are as cost effective in their applications as possible. It was pointed out at our conference in Hong Kong that sometimes the feed companies know more about the fishmeal than the suppliers – let’s hope that 2014 will see more partnering between suppliers and buyers to ensure our industries’ market share is protected from the competition.January 254