For the trade, By the trade, With the trade
Putting the interests of the trade at the forefront
FOSFA was founded on the principle of acting for the trade and being governed by the trade. This principle led to the formation of our Council which is supported by five specialist committees – Oilseeds, Oils & Fats, Contracts, Arbitrations & Appeals, and Technical.
Our committees consist of members who represent all aspects of the supply chain, including producers and processors, shippers and dealers, traders, brokers and agents, superintendents, analysts, shipowners, and arbitrators.
The role of our committees, as outlined in the original Memorandum of Understanding of 1967, is to:
Members serving on our committees are industry representatives from multiple regions who have extensive knowledge in the global trade and shipping of oilseeds, oils and fats.
Each committee represents a fair balance between buyers and shippers and, together with the FOSFA Council, directs and oversees the activities undertaken by the secretariat on behalf of the Federation.
Oils and Fats Committee
Arbitrations and Appeals Committee
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