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Indian livestock feed costs have risen sharply, with maize reaching Rs 25 per kg and soymeal Rs 70 per kg, hitting poultry farms. Industry groups want soymeal imports and wheat allowed for feed use, as Black Sea supply disruption lifts maize and sunflower oil alternatives.
Higher maize and soymeal costs squeeze Indian compound feed margins and increase import pressure. Black Sea disruption keeps global corn and meal prices elevated.
thehindubusinessline.comKV KurmanathApr 4, 2022After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.
After 34 past bullish geopolitics events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +3.5%), and +1.2% over 20.
After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% 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.
