South Dakota Soybean Leader— Summer 2021

Page 32

INVESTING CHECKOFF DOLLARS

The poultry industry in much of sub-Saharan Africa is restricted in its ability to grow due to high feed costs, and poor farm management practices. WISHH’s USDA funded-project found that the country of Ghana’s national yearly per capita consumption increased to 235 in 2020. As a comparison, U.S. annual per-person consumption of eggs and egg products was 293 in 2019, according to USDA.

WISHH HELPS CATCH NEW FISH & POULTRY FEED MARKETS FOR SOYBEAN MEAL South Dakota soybean growers are helping African fish and chickens get a taste for quality feeds made with soybean meal. “Exploring and expanding diverse new markets is an important step to create demand for South Dakota soybeans,” says Dawn Scheier who serves on the American Soybean Association’s World Initiative for Soy in Human Health Program Committee (ASA/WISHH). “Aquaculture is just one of those new feed markets that WISHH is developing in Asia as well as Africa.” Yet, there are no easy shortcuts to trailblaze trade, especially in developing and emerging economies. Market diversification, including partnerships with African food and feed entrepreneurs, is more important than ever so WISHH is hard at work in developing countries. Visionary soybean growers founded WISHH 20 years ago when they recognized that fast-growing populations and economies in Africa would require more protein. Aquaculture and poultry feeds are a top priority for WISHH’s 2021 focus in West Africa. In aquaculture, WISHH is leading a feasibility study of a new fish feed mill to supply several of the French-speaking countries in West Africa. The aquaculture industry, like the poultry industry in much of sub-Saharan Africa, 32

is restricted in its ability to grow due to high feed costs and poor farm management practices. WISHH is working to address these limitations and build additional markets for U.S. soy. Using USDA Agricultural Trade Promotion funding, WISHH commissioned an African aquaculture expert to evaluate the regional demand for fish feed, analyze distribution channels, and assess the region’s ability to develop into a significant aquaculture producer. The study started in April and completion is expected in September. A WISHH strategic partner will then use study results to make feed mill investment decisions that will boost the aquaculture industry in the region. WISHH is also mentoring this company’s staff on business management and more by having them participate in WISHH’s USB-funded Mobilizing Entrepreneurs to Expand U.S. Soy Utilization in Developing and Emerging Markets Initiative. WISHH’s West African poultry development work includes cooperation with the third-largest poultry producer in Senegal. The company’s CEO believes that vertical integration is key to Summer Issue 2021

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Use the SD Spray Tool for Inversion Detection and Weather for Pesticide Application

2min
page 42

Why Join the South Dakota Soybean Association?

2min
pages 43-44

Scouting for Trouble: Using Drone Imagery Can Help Locate and Possibly Identify Soybean Issues

3min
pages 40-41

Biodiesel Hitting Hard with Health Benefits

2min
pages 38-39

Hunter Roberts, South Dakota Secretary of Agriculture and Natural Resources

3min
pages 36-37

Video Series Highlights Consequences of Foreign Material in Soybeans

1min
page 35

Advertorial: Mustang Seeds

2min
page 26

WISHH Helps Catch New Fish & Poultry Feed Markets for Soybean Meal

3min
pages 32-33

South Dakota Soybean Portrait Jordan and Kevin Scott

3min
page 34

Program Update

5min
pages 27-29

Hungry for Truth

4min
pages 24-25

Carbon Market Snapshot

7min
pages 22-23

Health and Farming

2min
pages 20-21

Advertorial: TSGC

4min
pages 30-31

Stockyards Ag Experience

3min
pages 14-15

Making Cover Crops Work in Northern Regions

9min
pages 16-19

Soy Industry News

4min
pages 8-10

Executive Director Letter

2min
page 11

Letter from Your Checkoff Chairman

2min
page 5

Biologicals, Soil Health, and Crop Productivity

3min
page 7

Market Analysis

2min
page 6

What’s Behind those Strong Soybean Prices?

4min
pages 12-13
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