Leading soy value chain companies in Bangladesh, including Meghna Group of Industries, City Group, Delta Agrofood Industries, Mahbub Group, and KGS Group, have signed letters of intent to increase their purchases of U.S. soy over the next 12 months. The agreement commits to buying soybeans and soybean meal valued at $1.25 billion, reinforcing a reliable, high-quality supply chain critical for poultry and aquaculture feed.
The partnership emphasizes sustainable sourcing through the U.S. Soy Sustainability Assurance Protocol (SSAP) and supports market development and protein consumption growth via the U.S. Soybean Export Council (USSEC)’s Right to Protein campaign.
“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 is the top South Asian market for U.S. soybeans, with imports of U.S. soybean meal up 650% compared to last year. USSEC CEO Jim Sutter highlighted the integral role of U.S. soy in global food security.
Bangladeshi customers praise U.S. soy’s superior quality, digestibility, and nutritional profile, which translate to better animal performance and economic benefits.
