New Uses for Soybean Products
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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Abstract
U.S. agribusiness is constantly looking for new opportunities to expand markets for agricultural commodities and value-added products. With that in mind, a project called the Midwest Feeds Consortium, directed by the Center for Agricultural and Rural Development at Iowa State University, designed a study to link product development in agriculture with feed demand in aquaculture. What the consortium research found was that the demand for soybean oil meal and soybean products could be increased 2 percent annually. How? By providing up to 30 percent soybean product in the composition of aquaculture feeds used in the production of domestic fish and shrimp.