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Indian poultry farms face squeezed margins because maize prices rose about 21 percent in two months to Rs 2,000 a quintal after crop losses from deficient rain and pests. Soybean prices rose 16 percent to a five-year high, and chicken and egg prices have not risen in step with feed costs.
Higher maize and soymeal costs raise feed expense for Indian poultry, pushing up feed demand pricing while weakening poultry producer margins and potentially reducing flock sizes.
business-standard.comBusiness StandardJan 28, 2019After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
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.
