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Broiler chicken prices in India rose up to 50% in March 2019, with Delhi prices reaching Rs 94/kg from Rs 62 early in the month. The increase followed festive demand and reduced output after bird deaths caused by large day-night temperature swings.
Egg prices softened, while feed costs kept broiler prices firm through June.
Lower bird supply and firm feed costs point to sustained higher chicken prices in India, which supports poultry producer margins while raising costs for downstream buyers.
business-standard.comDilip Kumar JhaApr 1, 2019Not enough comparable past events yet for a historical read.
Not 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.
