Poultry feed ingredient costs, including maize and broken rice, have risen sharply, with maize prices doubling year over year to about Rs 34 per kg. Industry executives expect wholesale egg prices to reach Rs 7-8 each and dressed chicken to reach Rs 260-275 per kg by December, when seasonal demand typically strengthens.
Higher feed costs raise poultry production expenses and are expected to lift egg and chicken prices. Strong holiday-season demand could reinforce the price increases.
Not enough comparable past events yet for a historical read.
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.