The US Department of Agriculture proposes increasing the amount of native spearmint oil that can be sold from farms in the Far West. This means farmers in Washington, Idaho, Oregon, Nevada, and Utah can sell more of their spearmint oil.
Why it matters
The US government sets limits on how much spearmint oil farmers can sell each year. This is done to keep prices stable. When the limit goes up, farmers can produce and sell more, which could lead to more spearmint-flavored products on the market or slightly lower prices for manufacturers.
The signal
Watch for the final rule to be published and whether the increased quantity leads to a noticeable change in market prices or product availability.