Trade4go Summary
The article highlights the importance of soybeans as a global crop, rich in protein and essential nutrients, and their increasing demand due to the rise in plant-based diets and sustainable food sources. The US Soybean Export Council (USSEC) is leading exporter of soybeans, with over 70% market share in Sri Lanka, where soybeans are used as animal feed, particularly in the poultry industry. The article also emphasizes the shift towards nutrition security and the role of soy in providing protein, with the USSEC's 'Right to Protein' initiative. Sri Lanka's poultry industry is setting a benchmark in the region by adopting the 'Fed with Sustainable US Soy' label, indicating commitment to environmentally friendly and sustainable practices. This label helps companies differentiate their brand in the marketplace and increase sales, as seen in a Korean company's 21% sales increase.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Thanzyl Thajudeen in conversation with US Soybean Export Council (USSEC) Director of Sustainability Abby Rinne, and Regional Director for South Asia and Sub-Saharan Africa Kevin Roepke, at the Soy Connext annual conference in San Francisco, CA held on 19-21 August Soybeans are one of the most important global crops, rich in protein, making them a crucial ingredient in bothw human and animal diets. They are particularly valuable as a plant-based protein source for vegetarians and vegans. Besides protein, it’s packed with essential nutrients, including omega-3 fatty acids, fibre, vitamins, and minerals, contributing to a balanced diet. The demand for soy-based products has surged globally, driven by the growing popularity of plant-based diets and the need for sustainable food sources. Soybean oil is widely used in cooking and food processing. It is also a key ingredient in the production of biodiesel. With the push for renewable energy sources, demand for soybeans in biofuel ...