Record acquisition of certified physical soy in 2024
In a significant step forward for the sustainable soy supply chain, the volume of RTRS-certified physical material adopted by November 30, 2024, reached a historic record of nearly 900,000 tons in Mass Balance. This figure represents unprecedented growth compared to previous years: a 94.79% increase over 2023 (448,218 tons) and a 66.98% increase over 2022 (522,880 tons). In both cases, the volumes were designated for biofuels.
The adoption of certified physical material in 2024 was made by 14 companies working directly with RTRS-certified producers. Among them, the top adopters were Amaggi Trading (Brazil) with 353,979 tons, Bunge Alimentos (Brazil) with 272,506 tons, and Cargill Agrícola (Brazil) with 98,531 tons.
Companies that acquired RTRS Mass Balance in 2024
| Physical acquisition in tons from producers* | Country | Accumulated as of November 2024 (Tons) |
| Amaggi Trading – Units | Brazil | 353.979 |
| Bunge Alimentos – Units | Brazil | 272.506 |
| Bunge Argentina S.A. – Units | Argentina | 20.237 |
| Cargill Agrícola SA – Units Primavera do Leste | Brazil | 98.531 |
| CJ Selecta – Unidade Araguari – Units | Brazil | 49.175 |
| COFCO International Argentina S.A. – Units | Argentina | 3.810 |
| General Mills Brasil Alimentos LTDA – Units | Brazil | 7.020 |
| Humberg Agribrasil C e E de Grãos – Units | Brazil | 10.000 |
| LDC Argentina S.A. – Units | Argentina | 23.204 |
| LDC Paraguay – Units | Paraguay | 9.176 |
| Louis Dreyfus Company Brazil- Units | Brazil | 13.929 |
| Maharashtra Oil Extractions Pvt Ltd – Units | India | 635 |
| Molinos Agro S.A. -Units | Argentina | 10.367 |
| Vippy Industries – Units | India | 516 |
| Total | 873.085 |
Physical certified sybean destinations
It is also important to highlight that, as of November 2024, of the 14 companies that acquired certified physical soybeans, 10 entered the RTRS certified physical material market for the first time, totaling 42,597 tons, which represents 3% of the total accumulated.
Furthermore, the destination of certified physical soybeans also reveals remarkable trends:
- 38% (331,176 tons): Compliance with the EU RED Directive for biofuels.
- 62% (541,909 tons): Adoption by the food industry and animal feed production industry, which showed a significant increase in their acquired volumes.
In this regard, the adoption of certified physical material by the aquaculture industry experienced significant growth this year, representing 8.2% of total adoptions up to November 2024, highlighting the diversification of sectors integrating responsible soy into their value chains. (Learn more about the impact of RTRS certification on the aquaculture supply chain at [link])
Consolidation of physical certified material acquisition for Biofuels
The accumulated volume of RTRS certified physical material intended for biofuels under the EU RED regulation, acquired until November 30, 2024, recorded a 111% growth, reaching 331,176 tons, compared to 157,090 tons during the same period in 2023.
Adoption of RTRS physical material for biofuels
(2020 – Accumulated until November 2024)
| Companies | 2020 | 2021 | 2022 | 2023 | 2024 (YTD 30 Nov) | Total |
| ADM Hamburg AG – UNITS | 0 | 351.708 | 266.055 | 52.000 | 317.247 | 987.010 |
| ADM International Sarl | 450.257 | 0 | 0 | 0 | 0 | 450.257 |
| Louis Dreyfus Company Brazil – Units | 52.500 | 113.502 | 41.800 | 105.090 | 13.929 | 229.931 |
| Biofuel | 502.757 | 465.210 | 307.855 | 157.090 | 331.176 | 1.379.822 |
Since 2020, Archer Daniels Midland Company (ADM) from Germany has led the adoption of RTRS certified physical material for biofuels. In this context, James Buckley, Senior Feedstuffs Trader and Responsible Sourcing Leader in the UK at ADM, stated: “We are proud to continue offering the RTRS Mass Balance as a solution to support our customers’ sustainability efforts in the UK. RTRS’s reputation and wide reach enable our customers to meet their sustainability goals. As the market evolves and seeks answers to various purchasing policies, we are pleased that RTRS consistently meets our expectations, helping to drive positive change in the industry.”
The growth recorded this year reinforces RTRS’s continued commitment to offering a range of sustainable solutions for the biofuels sector, in line with the European Union Renewable Energy Directive.
