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Price woes bring Indian farmers to streets

Bloomberg As monsoon rains move across India — usually a boom time for the agriculture sector — farmers have left their land and taken to the streets amid growing anger over falling food prices and high debts. With protests spreading around the country, the government of Prime Minister Narendra Modi is under pressure to provide more incentives. A drop in ...

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India’s palm oil imports rise for 4th month on low price

Bloomberg India’s palm oil purchases probably climbed for a fourth straight month in May as a drop in global prices boosted demand amid a stronger local currency. Imports rose 21 percent to 798,000 metric tons from a year earlier, according to the median of five estimates in a Bloomberg survey of processors, brokers and analysts. Total vegetable oil purchases rose ...

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White House divided on how to deal with cheap steel imports

Bloomberg The White House is divided over how hard to come down on cheap steel imports in a debate that will help set the tone for future trade policy, according to two industry representatives briefed on the discussions. As the Commerce Department prepares to disclose its findings from an investigation into possible national-security threats posed by steel shipments, Secretary Wilbur ...

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