Poultry industry leaders from AIPBA, PIBCC and state associations met in Hyderabad on November 2, 2026, and called for a benchmark live chicken price of ₹110 per kg. They said the recent price decline was mostly seasonal and asked for duty-free imports of non-GMO maize to ease rising feed costs.
Rising maize prices tied to El Niño shortages raise feed costs for Indian poultry, and a push for duty-free maize imports could increase import demand for corn and tighten supply. Soybean meal availability is described as abundant, which may cap feed-cost pressure.
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 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
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.