Loading…
Tamil Nadu poultry farmers report wholesale chicken prices down to Rs 50 per kg amid bird flu fears, with chicken stalls deserted. Egg prices have also fallen sharply after the poultry sector was already hit by the pandemic.
Weak poultry margins and demand in southern India reduce feed purchases, a mild bearish influence on feed grains and meal.
newindianexpress.comK V NavyaJan 13, 2021After 175 past bearish disease events, Corn moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.
After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% 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.
