December 15, 2010

US grain council recognises India potential and challenges

The US Grains Council’s latest look at India illustrates both the long-term export potential and the constraints on grain sales. “A middle class of 100 million that is growing in size and income represents a huge future demand for meat, milk and eggs,” said Erick Erickson, USGC special assistant for planning, evaluation and projects. India’s agriculture and food systems are responding in significant ways to the country’s economic growth – and over time that may offer opportunities to trade partners.

By becoming a trusted, credible partner, the Council will be in a position to help when the Indian industries are ready to take on the policies that restrict corn imports, and those sectors will be better organized to work together on issues of common interest. “This capacity-building takes time,” Erickson said, noting for comparison that the Council began working in China in 1983, and China is just now becoming a regular importer of corn. Read more...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.
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