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Article: Soybean association joins Shrimp Task Force.(Aquaculture)(American Soybean Association)
- Article from:
- Feedstuffs
- Article date:
- May 31, 2004
CopyrightCOPYRIGHT 2004 Miller Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS, MO. -- The American Soybean Assn. (ASA) joined the Shrimp Task Force, an alliance opposed to placing higher duties on imported shrimp.
ASA said about 90% of total U.S. shrimp consumption must be served by imports. The majority of shrimp-producing countries purchase large quantities of U.S. soybeans and soybean meal to feed to their farm-raised shrimp.
"ASA is primarily concerned about the potential of retaliatory trade restrictions being placed on U.S. soybean and soybean meal exports," said ASA president Ron Heck, a soybean producer from Perry, Iowa. "About half of all our U.S. soy exports are purchased by shrimp-producing countries."
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