The Thai Feed Mill Association (TFMA) and the U.S. Soybean Export Council (USSEC) recently signed a memorandum of understanding (MoU) to support and advance sustainable sourcing practices for feed ingredients in Thailand. The MoU aims to establish a sustainable and dependable supply chain for soybeans, soybean meal, and soy products for the Thai feed milling community.
Thailand ranks as the world’s third largest chicken meat exporter, contributing to domestic animal feed production growth. The total feed demand is also expected to increase by 4.5% from 2024 to 20292, with the growing call for more sustainable sourcing in Thailand.
The MoU will further TFMA’s sustainability initiatives through knowledge sharing on sustainability and services, including the U.S. Soy Sustainability Assurance Protocol (SSAP), which verifies the sustainability of U.S. Soy products for feed and animal feed uses. This also includes the sharing of technical expertise and best practices in sustainable agricultural practices, environmental conservation, supply chain transparency, and the latest sustainability advancements while emphasizing the role of U.S. Soy as a source of sustainable protein.
In addition, the MoU will support the adoption and alignment of sustainability metrics and reporting mechanisms with global standards, further bolstering TFMA’s sustainable feed and animal production practices.
U.S. soy has a lower carbon footprint than soy of other origins, plant proteins, and vegetable oils. Since 1980, U.S. Soy farmers have improved irrigation water use efficiency by 60%, increased land use efficiency by 48%, improved soil conservation by 34%, and increased soy production by 130% using roughly the same amount of land.
(Source: U.S. Soybean Export Council)