Loading…
India's poultry sector is struggling again as broiler prices fall during Covid-related weekend shutdowns, while production costs have risen over 40% since last year. Soymeal and edible oil prices have roughly doubled, squeezing producers.
Higher soymeal prices raise feed costs for Indian poultry, and weak broiler demand reduces feed usage, so the net effect is margin pressure and possible cuts in flock placements.
thehindubusinessline.comApr 30, 2021Not 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.
