# Egg, broiler prices slump as virus fears take heavy toll on sector - The Hindu

> Indian broiler prices hit an all-time low of ₹10-15 per kg ex-farm, well below production costs of about ₹75, as consumers avoid chicken over COVID-19 fears. Egg prices have also slumped, and feed companies report falling corn and soybean meal prices over the past two weeks as production is cut.

- Date: 2020-03-20 · published 2020-03-20T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/54158-egg-broiler-prices-slump-as-virus-fears-take-heavy-toll-on-sector-the-hindu
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Reduced chicken and egg output is lowering feed ingredient demand in India, and falling corn and soymeal prices reflect that weaker demand. Poultry firms are expected to cut feed purchases further while the demand slump persists.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼

## Sources

- thehindu.com: https://www.thehindu.com/business/egg-broiler-prices-slump-as-virus-fears-take-heavy-toll-on-sector/article31122209.ece

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