Poultry feed prices in India have risen 25% to Rs 5200 per quintal over the past month, according to the Poultry Federation of India. Farm-gate live broiler prices in Delhi (Rs 95-105/kg) are now below the estimated production cost of about Rs 110/kg.
Higher feed costs squeeze poultry producers' margins and could reduce flock placements, which tends to lift chicken and egg prices later. Corn and soymeal demand from Indian feed mills is affected by these rising input costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.