Leading soy companies in Bangladesh have announced a major commitment to purchase $1.25 billion worth of U.S. soybeans and soybean meal over the next 12 months, signaling a significant boost for the country’s feed supply chain. The agreement, involving industry leaders such as Meghna Group of Industries, City Group, Delta Agrofood Industries, Mahbub Group, and KGS Group, is designed to ensure a consistent, high-quality supply of soy critical for poultry and aquaculture production.
The partnership emphasizes sustainable sourcing under the U.S. Soy Sustainability Assurance Protocol (SSAP) and aligns with the U.S. Soybean Export Council’s Right to Protein campaign, which promotes increased protein consumption and market development globally.
“This is a milestone for Bangladesh and its crushing industries,” said MD. Taslim Shariar, deputy general manager of Meghna Group. “The more we crush, the more we will achieve food security.”
Bangladesh has emerged as the leading South Asian market for U.S. soy, with imports of U.S. soybean meal rising by 650% compared to last year. USSEC CEO Jim Sutter underlined the importance of U.S. soy in supporting global food security, highlighting its nutritional value and reliability.
Bangladeshi feed producers praised U.S. soy for its superior quality, high digestibility, and strong amino acid profile, which contribute to improved animal performance and greater economic efficiency across the poultry and aquaculture sectors. The agreement reflects a growing trend of international partnerships aimed at sustainable and secure protein supply chains.
