Poultry farmers in Namakkal, Tamil Nadu, are concerned as maize prices have risen from around Rs 22 per kg to Rs 33-34 per kg amid reduced availability. Producers attribute the shortage to El Niño and inadequate rainfall that have hurt cultivation in major growing areas such as Attur, Pethanaickenpalayam and Kallakurichi.
Maize makes up more than 40% of poultry feed, so a roughly 50% jump in local maize prices raises feed costs for Indian egg and poultry producers and supports corn prices in the region. Tight regional supply could keep feed demand for corn and related feed ingredients firm.
After 1,469 past bullish weather events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.8%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.