Poultry breeder associations and state groups met in Hyderabad to discuss volatile broiler chicken prices and rising feed costs, especially maize availability during the El Niño year. Breeders agreed to work toward coordinated pricing with a minimum benchmark of Rs110 per kg for live chicken.
The industry said the recent chicken price decline was mainly seasonal, driven by lower festival-period consumption.
Coordinated pricing and calls for duty-free feed imports signal that feed costs remain a pressure point for the broiler sector, while the seasonal price dip is expected to be temporary.
Not enough comparable past events yet for a historical read.
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.