Sri Lanka continues to be a major importer of US soybean meal in the region

Published 2024년 9월 4일

Tridge summary

The US Soybean Export Council (USSEC) has highlighted Sri Lanka as a major importer of US Soybean meal in South Asia, with a requirement of 210,000-240,000 metric tons annually. The demand for protein-based diets is expected to rise, leading to an increase in imports. US Soy is preferred for its sustainability, essential amino acid profile, and lower fibre content. Adoption of the 'Fed with Sustainable US Soy' label by local producers in Sri Lanka signifies the industry's shift towards sustainability. The USSEC Regional Director for South Asia and Sub-Saharan Africa, Kevin Roepke, recognized Sri Lanka's poultry and livestock industry for its investments and efforts towards sustainability.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

US Soybean Export Council (USSEC) Director of Sustainability Abby Rinne (left) and Regional Director for South Asia and Sub-Sahran Africa Kevin Roepke Sri Lanka is one of the major importers of US Soybean meal in South Asia and this is likely to continue while other countries in the region will also see an upward trend with shifts in demand for protein-based diets, highlighted Soy Connext summit held on 19 to 21 August in San Francisco, organised by the US Soybean Export Council (USSEC) where a trade team from the country attended. Sri Lanka requires somewhere between 210,000-240,000 metric tons (MT) of soybean meal in animal feed production in poultry which is the leading livestock industry in the country supplying animal proteins to the nation, and this figure is significantly growing every year according to insights from USSEC. The US soybean meal imports to Sri Lanka were estimated at $ 101 million in 2023. The textured soy requirement is equal to about 12,000 MT per year. ...

Source: Ft