The US government sets how much spearmint oil farmers can sell next year
What happened
The US Department of Agriculture is proposing rules that set the total amount of spearmint oil that can be sold from the Far West region for the 2025-2026 marketing year. This means farmers in Washington, Idaho, Oregon, Nevada, and Utah will have limits on how much spearmint oil they can bring to market.
Why it matters
The US government has controlled the supply of spearmint oil for decades. This system, called a marketing order, aims to keep prices stable for farmers by preventing oversupply. Every year, a committee of growers recommends how much can be sold, and the government makes it a rule. This ensures that the market does not get flooded, which would drive down prices for everyone.
The signal
Watch for the final rule to be published, which will confirm the exact salable quantities and allotment percentages for the upcoming marketing year.