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Indian poultry producers are profiting as feed costs, which make up about two-thirds of production costs, have fallen. Rising chicken demand following restrictions on cattle slaughter has boosted sales, and egg prices nearly doubled in 2017.
Cheaper feed is improving poultry margins and encouraging flock expansion, which supports demand for corn and soymeal in India, though the effect on global prices is modest.
Not 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.