Growth in U.S. Fish Farming is Good News for U.S. Soybean Farmers

fishing for catfish

New statistics show U.S. aquaculture is on the rise – and that means more hungry fish that could eat soy meal.

The U.S. aquaculture industry has been in decline, especially in recent years, but the National Oceanic and Atmospheric Association (NOAA) figures show that aquaculture production rose by 4 percent from 2010-2011.

That’s good news for the U.S. soy industry. Traditionally fish farmers have fed fish meal to their stocks, but a decline in the wild-fish population has pushed fish-meal prices higher. Not only is U.S. soy now often a more affordable option, it also provides a more sustainable protein.

The NOAA report found that U.S. salmon production in the Northeast and Pacific Northwest saw the most growth, increasing by 33 percent.