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U.S. Sends First Soybean Shipment to Cambodia
USAgNet - 03/08/2018

The U.S. sent its first shipment of food-grade soybeans to Cambodia last week, exporting a total of 14 tonnes to both Cambodia and Myanmar to be processed in the receiving countries.

The shipments were sent to soy milk and tofu companies in the Kingdom, potentially opening up a long-term relationship between the U.S. and Cambodian-based soy companies, according to a report from American Ag Radio Network.

Hean Vanhan, director general at the Agriculture Ministry's General Directorate, said he was unaware of the shipment and did not know which Cambodia-based processing companies were receiving the beans, but added the move as a positive one for the country's economy.

"Our economy will likely benefit from this," Vanhan said. "The best way is to use the raw materials produced in the country, but if the cost of production is higher for local produce, then it is better to import." Local soybean producers have been suffering due to high processing costs and low profitability for several years now, according to farmer Loeng Kim Sean, who once headed the Tah Ong Soybean Development Association in Kampong Cham province.

The association was dissolved a year ago, Kim Sean said yesterday, as he and other farmers switched from soybeans to produce more profitable crops, such as cashews or cassava.

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