Expected trade value for red meat estimated at US$400-500 million annually
Government import ban on broiler chicks reshapes domestic supply
High tariffs have kept Brazilian chicken largely out of the Indian market, with only minimal exports recorded in 2025.
Efforts to control Foot-and-Mouth Disease may ease costs later in the year.
The move is part of Hormel’s strategy to focus on value-added protein products while reducing exposure to commodity-driven segments.