Search Results for keywords:"organic soybean meal"

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Search Results: keywords:"organic soybean meal"

  • Type:Notice
    Citation:89 FR 97589
    Reading Time:about 7 minutes

    The U.S. Department of Commerce has finalized its review of antidumping duties for organic soybean meal from India for the period between November 2, 2021, and April 30, 2023. During this review, they confirmed that Shanti Worldwide was selling the product at less than its normal value, and thus, they determined a dumping margin. The review for Shri Sumati Industries Pvt. Ltd. was rescinded, as they did not make valid sales during the review period. The document details how antidumping duties will be assessed and the cash deposit requirements for future shipments.

    Simple Explanation

    The U.S. Department of Commerce looked into how much companies from India were selling organic soybean meal for and found that one company, called Shanti, was selling it for too cheap, which is against the rules. They also checked another company named Sumati but didn't look into them further because they didn't make any real sales.

  • Type:Notice
    Citation:89 FR 99223
    Reading Time:about 5 minutes

    The U.S. Department of Commerce found that some producers and exporters of organic soybean meal from India received unfair government subsidies between September 3, 2021, and December 31, 2022. As a result, they will face additional import duties. The final calculations, published in the Federal Register for public access, detail these duties, and U.S. Customs and Border Protection will enforce these once the decision is public for 35 days. The public can review these decisions online through the Department of Commerce's electronic system.

    Simple Explanation

    The U.S. government found out that some companies in India got unfair help from their government to sell special soybean food in America. Now, those companies will have to pay extra money to bring their products into the U.S.