March 15, 2021
USSEC: Southeast Asia's aquaculture drives demand for US soy
Demand for US soy continues to grow in Southeast Asia as the region's aquaculture industry continues to expand and seek sustainable and nutrient dense feed, the US Soybean Export Council (USSEC) said last month.
The tropical and sub-tropical climates that encompass most of Southeast Asia allow for year-round aquaculture production on land and in rivers, lakes, reservoirs and marine waters. Land-based operations and marine fish production reflect promising opportunities for expansion with potential to grow in yield and area, especially under USSEC's renewed platform with a focused area devoted to livestock.
With increasing demand domestically, regionally and internationally, the aquaculture industry in Southeast Asia provides a constant and growing demand for aquafeed. Annually, the industry in this region uses nine million tonnes of commercially produced aquafeeds, with soy contributing to nearly 3.5 million tonnes of this feed. Of that, it is estimated that 8.3 thousand tonnes is US soy.
Lukas Manomaitis, USSEC's Aquaculture Program technical director (Southeast Asia), recently provided an update from this region and said that in order to capitalise on this potential for increased US soy use, USSEC is targeting feed mills and aquaculture producers to find ways to drive the volume of US soy purchases.
By working through the International Aquaculture Feed Formulations Database (IAFFD) to better understand what formulators need and ways they are looking to improve their approaches to formulation, USSEC is able to present the benefits of using US Soy. In collaboration with these feed specialists, USSEC has an opportunity to influence aquafeed formulators, ingredient purchasers and even impact the way they produce feed and improve the quality of the feeds they produce.
USSEC is also continuing work to strengthen Southeast Asia's aquaculture industry as a whole. One example is USSEC's work to improve high-volume production systems through in-pond raceway system technology (IPRS). This technology has not only proven to increase quality, but it also has the potential to increase yield up to three times of that of traditional pond culture, while taking up the same water volume. While the use of this technology is widespread in China, USSEC has worked to increase the efficiency of water resources in a pond setting by developing and extending the use of IPRS technology in the region.
The farming of shrimp is another area with room for increased use of US soy. As a high-value species with importance in international trade, USSEC is working with shrimp farmers to demonstrate how they can have more targeted feed and feed systems that meet the needs of the system they are using, whether they are using traditional or high intensity shrimp production methods.
Offshore marine fish cage production culture is another area that has room for tremendous growth. For this reason, USSEC is continuously working with the marine fish industry to promote and guide the industry toward better production systems. Globally, these types of systems are likely to be a key source of supply for marine fish moving forward.
Without data collection, analysis, and presentation of the findings, the aquaculture industry in Southeast Asia cannot continue to move forward, USSEC said.
"This is why USSEC is devoted to providing active demonstrations and a strong data programme to present to opinion holders and producers with the use of the Aquanetix platform, a cloud-based software that specialises in the management and use of aquaculture information," the organisation added.
Using such data, USSEC can work directly with farmers in order to present established technology and management approaches which emphasise the benefits of taking on better quality feeds to use more efficiently.
Through Aquanetix, USSEC is able to use and demonstrate the value of better data gathering and analysis as a way to encourage higher quality feeds and show the value of using high quality US soy.
Looking forward, as the sophistication of the IAFFD grows every year, this development allows for further targeted promotion of US soy products based on nutrient value and for USSEC to continue to learn what is influencing formulators and ingredient purchasers' decisions.
With an expanding approach focused on the US Soy Sustainability Assurance Protocol (SSAP) and USSEC's work with seafood certification bodies to promote the SSAP, USSEC is working to secure a higher quality, long-term and sustainable aquaculture industry. This is especially important in Southeast Asia, not only for the continued health and growth of the aquaculture industry, but also because aquaculture certification is needed to meet buyers' requirements in Southeast Asia where the SSAP plays a vital role.