International Soybean Growers Alliance in India to explore soy market potential

Members of The International Soybean Growers Alliance (ISGA) during their first trip will visit Delhi and Mumbai and meet government officials, trade bodies and industry bodies to explore future collaborations with India and assess the market potential for soy products

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New Delhi: The International Soybean Growers Alliance (ISGA) which is made up of growers and industry representatives from Argentina, Brazil, Canada, Paraguay, Uruguay and the United States on March 31, 2017 held a round table in New Delhi to discuss the growing demand of soybean products in India. Set up in 2006, ISGA is committed to meet the rapidly increasing world demand for quality and healthy soy products produced in a sustainable and environmentally-friendly manner.

Being their first visit to India, members of ISGA will visit Delhi and Mumbai and meet government officials, trade bodies and industry bodies to explore future collaborations with India and assess the market potential for soy products.  The International Soybean Growers Alliance (ISGA) wants to work together to develop the best agricultural and commercial practices for everybody in the ecosystem which includes soy growers, industry representative and most importantly the end consumers.

Speaking on the occasion Pedro Vigneau of Argentina representing the Secretariat role of ISGA, said “With the second largest population in the world, India is positioned to surpass China by the year 2040 and holds enormous potential as a new market for soybeans and soy derivatives. With increasing disposable income and changing food habits it will lead to more demand for poultry and other meat products thereby increasing demand for animal feed. Soybean is one of the most used animal feed and will play an important role in meeting the need. We therefore want to engage with the Indian stakeholders to encourage a free world market to satisfy the increasing demand for food”.

ISGA is combining its collective expertise, through communication and engagement to maintain a global positive position for its soybean producers. ISGA will communicate on the benefits of free global markets and on the sustained efforts for improving soybean productivity through tools such as biotechnology and the implementation of soybean production best management practices.

The improvement of productivity is fundamental to ensure the sustainability of the food supply and an optimization of the uses of the natural resources through the utilization of tools such as the biotechnology, direct planting (no tilling), integrated pests management controls and others.

As representatives of more than 90 percent of global soy production ISGA works as a single ‘voice’ in opposing market restrictions and scientifically unsound non-tariff barriers to trade, which includes biotechnology approvals for import and maximum residue limits.