Aquaculture is a growing market for U.S. soybean exports to China 

By Anita Sharkey

Aquaculture is one of the fastest-growing food production sectors worldwide. This practice is poised to meet the growing global demand for protein, particularly in key markets like China. The U.S. Soybean Export Council (USSEC) has been instrumental in promoting U.S. soy in China’s aquaculture industry.

The Indiana Soybean Alliance (ISA) supports USSEC programming including their efforts to implement the Recirculatory Aquaculture System (RAS), which is designed to increase global awareness and utilization of U.S. soy-based feeds through demonstrations, short courses and technical support.

Several ISA Board Directors recently learned firsthand about checkoff funds being used to promote the advantages and expand markets of U.S. soy in aquaculture in China. Fostering international partnerships and promoting sustainable agricultural practices abroad helps build markets for Indiana soybeans.

Aquaculture represents a significant opportunity, and China, with its immense market potential, is at the forefront of this growth. By continuing to invest in aquaculture and leveraging the strengths of U.S. Soy, Indiana can meet the rising global demand for protein sustainably and efficiently.

Kevin Cox, ISA Board Chair and a farmer from Brazil, Ind., believes in the momentum of their efforts.

“We were able to connect with the movers and shakers of the industry there in China,” Cox said. “For them to see Indiana producers present to take away from and put value into their operations, and to shake their hands and form a relationship, is priceless.”

Why China?

China is the world’s largest consumer and importer of soy, making the country a pivotal market for U.S. soybeans. The country also leads in the production of feed, pork, eggs, aquaculture, edible oil and soy food. With a population exceeding 1.4 billion and a robust economy, the demand for sustainable and high-quality protein sources like soy is ever-increasing.

U.S. soybeans are renowned for their consistent quality, efficient logistics and sustainability. More than 95 percent of U.S. soybeans are certified with the U.S. Soy Sustainability Assurance Protocol, which ensures responsible growing practices. This commitment to sustainability is particularly appealing to markets like China, which has a strong demand for environmentally friendly and traceable food sources.

Farmers participated in the USSEC Modern Aquaculture Industry Development Forum, focusing on advancements and challenges in the industry, particularly regarding U.S. soy-based feeds. The group visited Shanghai for RAS demonstrations and market tours, gaining insights into the benefits of U.S. Soy and local market dynamics. They also met with USDA Foreign Agricultural Service representatives and toured various aquaculture sites to strengthen partnerships and explore new opportunities.

In Suzhou, they toured wholesale markets, including Sam’s Club, to understand product distribution and retail trends. The Indiana farmers also heard from representatives from US Meat Export Federation and USA Poultry and Egg Export Council. The trade tour ended with a cultural visit of Shanghai, highlighting the local consumer behaviors that affect market trends.

“I came away from that trip with an entirely different perspective.” Kevin Cox said. “This was one of the reasons why I got involved in ISA to start with: To see how my checkoff dollars are being spent. To understand that we get a $12 to $1 return from every dollar invested. To be able to see that and experience that and to have been there was an eye-opening experience for me.”

For more on USSEC’s initiatives and the benefits of U.S. Soy in aquaculture, go online to ussec.org.