
Indian poultry associations, including AIPBA and PIBCC, met at a Hyderabad hotel to discuss fluctuating chicken prices, rising maize costs and feed ingredient availability under El Niño conditions. Breeders agreed to coordinate efforts around a ₹110 per kg minimum benchmark for live chicken.
They plan to meet government officials in New Delhi and urge duty-free non-GMO maize imports and greater use of domestic soybean.
Pressure for duty-free maize imports and wider use of domestic soybean would shift feed sourcing in India and affect demand for imported grain. Concerns about El Niño-driven feed availability add upside risk to CORN and SBM prices.
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.
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.