
Indian poultry industry leaders met in Shamshabad, Hyderabad, and agreed to push for a uniform live chicken price of no less than Rs 110 per kg. They also asked the government to allow duty-free GM maize imports and to ensure competitively priced soybean imports.
Calls for duty-free maize and cheaper soybean imports signal rising feed costs in India, which could lift demand for imported corn and soymeal if policy changes.
After 318 past bullish policy events, CORN moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 172 past bullish policy events, SBM moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% 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.