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Indian poultry associations, meeting in Hyderabad, asked for duty-free imports of non-GMO maize and the release of unfit FCI foodgrains for poultry feed. They cited rising feed costs in an El Niño year and depressed chicken prices.
Breeders agreed to work toward a baseline live-chicken price of ₹110 per kg.
Duty-free maize imports would ease feed costs and add to India's maize import demand, which is supportive for corn prices. The industry attributes the chicken price dip to seasonal festival-period demand, so the price impact is likely to be temporary.
thehindubusinessline.comKV KurmanathNov 3, 2026
whalesbook.comAarav ShahNov 3, 2026After 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, Soybean Meal 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.
