The new commitment aims to bolster Bangladesh’s feed and food industries by ensuring a reliable, high-quality soy supply for poultry, aquaculture, and edible oil production.
This approach is expected to benefit soybean farmers, with an estimated payout of ₹800 (US$9.02) per quintal.
This move is expected to inject much-needed revenue into the U.S. agricultural sector, which has suffered billions in losses due to the prolonged trade war and reduced Chinese demand.
The expansion is scheduled to begin in the fourth quarter of 2025 and is expected to be completed by the end of 2027.
The project’s primary goal is to quadruple soybean yields and increase farmer incomes by up to 40%.