# Poultry sector in trouble on Covid surge, again - The HinduBusinessLine

> 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.

- Date: 2021-04-30 · published 2021-04-30T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/47749-poultry-sector-in-trouble-on-covid-surge-again-the-hindubusinessline
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- CHICKEN: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/article34454857.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.