
Poultry industry leaders meeting under the All India Poultry Breeders Association and other state bodies agreed to work toward a minimum live chicken price benchmark of Rs 110 per kg. They also demanded scrapping the import duty on maize and duty-free imports of non-GMO maize, citing El Niño and rising maize prices.
Higher feed costs from maize shortages squeeze poultry margins and may push India toward duty-free corn imports, which would affect global corn demand. Attempts to set a live chicken price floor reflect pressure from rising input costs.
After 317 past bullish policy events, CORN moved a median -0.1% over 5 sessions (49% higher; middle half -1.4% to +1.5%), and -0.2% 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.