India's poultry sector has exerted tremendous pressure on the government to create new rules that would prohibit imports of U.S. chicken leg quarters as there are fears the domestic industry could not compete. India Tries to Counter Poultry Imports from the U.S. There are just a few days left for an appeal to be filed with the WTO against the verdict rendered in October 2014 allowing the U.S. to sell its poultry to India. The Food Safety and Standards Authority of India (FSSAI) is collaborating with the Ministry of Animal Husbandry and the Ministry of Commerce to find a scientific reason that could block the import of U.S. poultry meat (especially chicken leg quarters). A few arguments that have been put forth include:
frozen legs expo...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
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