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Indiana Farmers Eye Promising Trade Opportunities with India

Indiana Farmers Eye Promising Trade Opportunities with India

By Andi Anderson

U.S. farmers, especially those in Indiana, could see substantial benefits from ongoing trade talks with India, the world’s most populous country. With 1.4 billion people and a growing economy, India presents an almost limitless potential for U.S. exports of corn, soybeans, and poultry. As incomes rise, particularly among the 45 percent of the population under 24 years old, demand for diverse food products increases.

Courtney Kingery, CEO of the Indiana Soybean Alliance, Indiana Corn Marketing Council, and Indiana Corn Growers Association, recently participated in a USDA-sponsored trade mission to India. She returned with enthusiasm about the potential trade partnership and the role Indiana can play in meeting India’s demand for agricultural products like corn, soybeans, duck, and turkey. Currently, U.S. trade with India is limited, with India ranking 13th among destinations for U.S. farm goods exports.

Indiana leads the nation in duck production and is the third-largest producer of turkey, also ranking high in corn and soybean production. The prospect of exporting poultry to India is particularly appealing due to the low consumption of beef and pork in the country.

Following the trip, efforts are underway to connect Indiana producers with potential buyers in India. Kingery expressed excitement about the future, especially with India reducing tariffs on poultry imports from 30 percent to 5 percent and positive reception from Indian businesses eager to meet growing demand.

This optimistic outlook signals potential growth for Indiana farmers and broader opportunities for U.S. agriculture in international markets.

Photo Credit: gettyimages-artqu

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