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Indian egg producers say farm-gate prices of Rs 3.80 to 4 are below production costs, leaving losses of about Re 1 per egg. Farmers protested at the Poultry India 2019 expo and blamed rising feed costs, particularly layer feed.
Losses at the farm level could push producers to cut flock sizes, which would reduce domestic demand for feed grains and meal in India.
thehindubusinessline.comKV KurmanathNov 27, 2019Not 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.
