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Egg prices in Chitwan, Nepal have fallen to Rs 6.66 per unit, below the Rs 10.50 cost of production, as bird flu fears reduced consumption. Farmers say feed and medicine costs have risen while prices fell.
Producers squeezed below cost may cut flock sizes and feed orders, a minor bearish factor for feed ingredients in Nepal. Global price impact is negligible.
myrepublica.nagariknetwork.comSabita ShresthaMay 2, 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.
