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Poultry feed prices in India have roughly doubled since March 2021, rising from about Rs 21 to Rs 43 per kg for layer feed and from Rs 29 to Rs 50 per kg for broiler feed. Chicken feed now costs about as much as premium branded flour, squeezing poultry farm margins.
Sharply higher feed costs are cutting farm profitability and may reduce bird numbers, which weakens future demand for feed ingredients. Domestic Indian prices are the main effect.
indianexpress.comParthasarathi BiswasAug 3, 2021Not 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.
