Home Delivery

AgriNews gives readers information they can't get elsewhere to help them make better farming decisions. The Illinois AgriNews and Indiana AgriNews editorial staff is in the field each week, covering topics that affect local farm families and their businesses.

Digital

Read AgriNews on your computer or download and take it with you. Get full access on your desktop, tablet and mobile devices every day.

Email Newsletter

Delivered to your inbox each evening, AgriNews shares the top agricultural news stories of the day. And it's free.
Business

Make a WISHH: Trade team promotes U.S. soy in Southeast Asia

ST. LOUIS — U.S. soybean growers delivered four key soy protein messages to current and potential customers in Cambodia and Myanmar where protein demand is rapidly growing for aquaculture and livestock feeds, as well as human foods.

The American Soybean Association’s World Initiative for Soy in Human Health’s Southeast Asia trade team also celebrated a milestone with a WISHH strategic partner by joining a ribbon cutting for Cambodia’s first in-pond raceway aquaculture system, an important innovation for the sustainable increase of fish production in the region.

U.S. Department of Agriculture funds supported the Jan. 12-20 travel for the 13 soybean leaders to have face-to-face discussions with WISHH’s many contacts in the human food and livestock feed industries.

U.S. Ambassador W. Patrick Murphy addressed the U.S. and Cambodian business leaders during WISHH’s 2020 U.S.-Cambodia Soy Trading Conference.

“We came to make personal connections with our current and future customers for U.S. soy. By visiting Cambodia and Myanmar, we hope we demonstrated how much we care about these emerging markets and our customers’ success using U.S. soy,” said WISHH Program Committee Chairman Daryl Cates, an Illinois soybean grower.

“U.S. soy delivers quality protein to emerging markets whether their need is feeding their fish, chickens or pigs or they are seeking a nutritious and affordable ingredient for human foods,” Cates added.

Four Key Messages

“First, we stressed that U.S. soy is high-quality protein. Second, we shared with these emerging market leaders that the United States is a reliable supplier of sustainable soy to meet their protein needs,” Cates said.

“Third, we emphasized that U.S. soy is delivered in containers, bags and really however they want it. Finally, we reinforced the message to Cambodia and Myanmar’s food and feed leaders that we will help them maximize the value of U.S. soy through WISHH’s multi-faceted technical assistance.”

The Missouri Soybean Merchandising Council supported WISHH technical assistance in the planning and construction of Cambodia’s first in-pond raceway aquaculture system, which is a channel for continuous flow of water to grow fish at the Rathada Farms Hatchery.

The family-owned business breeds tilapia and catfish. Rathada raises the fish through the “seed” and fry stages before selling fingerlings to fish producers in the region.

“Our Missouri farmers’ soybean checkoff dollars were vital to WISHH’s work with Rathada on the new raceway,” said David Lueck, a WISHH Program Committee member and a past MSMC chairman who served on its board for more than a decade.

“Furthermore, WISHH leveraged our investment by integrating Rathada’s strengthened fish-production capacity into WISHH’s USDA-funded Commercialization of Aquaculture for Sustainable Trade — Cambodia project.”

CAST is a USDA Food for Progress project designed to develop a lasting aquaculture industry in Cambodia. Cambodia’s GDP has increased by more than 7% per year since 2011, growing the demand for animal and aquaculture-sourced protein. The country’s aquaculture industry demand for soybean protein is projected to reach 100,000 metric tons per year by 2030.

In addition to Cates and Lueck, WISHH Program Committee members on the trade team included WISHH Vice Chair Gerry Hayden of Kentucky, WISHH Treasurer Jim Wilson of Michigan, Bob Haselwood of Kansas, Morey Hill of Iowa, Bob Suver of Ohio and United Soybean Board Ex-Officio Member David Williams of Michigan.

ASA Director David Droste of Illinois, USB Director Mike McCranie and South Dakota Research and Promotion Council Director Bob Metz joined.

ASA and U.S. Soybean Export Council Director Stan Born, as well as USB and USSEC Director Doug Winter, both of Illinois, also joined the team in Myanmar.

The trade team also included representatives of six U.S. soybean exporting companies to directly share information about U.S. food grade soybeans and how U.S. soy is available in containers.

While in Southeast Asia, the WISHH trade team also traveled to Myanmar. WISHH is leading USDA-funded activities to grow Myanmar’s human food market, and USSEC is active in the animal feed and aquaculture sectors.

Loading more