# Coronavirus outbreak brings Tamil Nadu’s poultry industry to its knees | India News - The Indian Express

> Tamil Nadu's poultry sector, centered in Namakkal, has suffered heavy losses as rumours linking chicken and eggs to coronavirus have reduced consumption. Broiler prices have fallen sharply and egg prices have dropped to under half of earlier levels.

- Date: 2020-03-23 · published 2020-03-23T12:00:00.000Z
- Category: disease · region India · magnitude low
- Page: https://feedsoft.ai/events/54281-coronavirus-outbreak-brings-tamil-nadu-s-poultry-industry-to-its-knees-india
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Collapsing Indian poultry prices and reduced flock economics cut demand for feed ingredients such as corn and soymeal in one of Asia's growing markets.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-20 | [How coronavirus, bird flu and rumours to stay off non-veg hit poultry industry hard in India](https://feedsoft.ai/events/54159-how-coronavirus-bird-flu-and-rumours-to-stay-off-non-veg-hit-poultry-industry.md) | -0.6% | -3.1% |
| CORN | 2020-02-18 | [India's poultry sales decline amid coronavirus rumors linked to chickens](https://feedsoft.ai/events/54753-india-s-poultry-sales-decline-amid-coronavirus-rumors-linked-to-chickens.md) | -1.7% | -3.5% |
| CORN | 2020-03-31 | [How coronavirus is affecting China’s poultry industry \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/54277-how-coronavirus-is-affecting-china-s-poultry-industry-wattagnet-wattpoultry-com.md) | -2.6% | -11.2% |
| CORN | 2021-07-22 | [Avian flu outbreak compounds plight of Ghanaian poultry industry - Global Times](https://feedsoft.ai/events/46085-avian-flu-outbreak-compounds-plight-of-ghanaian-poultry-industry-global-times.md) | -2.8% | -2.1% |
| CORN | 2022-04-07 | [What consumers need to know about the avian flu outbreak \| PBS News](https://feedsoft.ai/events/16287-what-consumers-need-to-know-about-the-avian-flu-outbreak-pbs-news.md) | -1.1% | -5.5% |
| SBM | 2020-03-20 | [How coronavirus, bird flu and rumours to stay off non-veg hit poultry industry hard in India](https://feedsoft.ai/events/54159-how-coronavirus-bird-flu-and-rumours-to-stay-off-non-veg-hit-poultry-industry.md) | +2.6% | -8.4% |
| SBM | 2020-03-31 | [How coronavirus is affecting China’s poultry industry \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/54277-how-coronavirus-is-affecting-china-s-poultry-industry-wattagnet-wattpoultry-com.md) | -8.8% | -13.4% |
| SBM | 2021-07-22 | [Avian flu outbreak compounds plight of Ghanaian poultry industry - Global Times](https://feedsoft.ai/events/46085-avian-flu-outbreak-compounds-plight-of-ghanaian-poultry-industry-global-times.md) | -2.9% | -2.7% |

## Sources

- indianexpress.com: https://indianexpress.com/article/india/coronavirus-outbreak-brings-tamil-nadu-poultry-industry-to-its-knees-6328240/

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