
India’s feed industry faces higher costs as weak monsoon rainfall and drought reduce corn production, while demand from the ethanol sector adds pressure to domestic supplies. An industry representative estimates kharif corn output at 23.5 million tonnes, 1.5 million tonnes below last year, and says the upcoming rabi crop could also fall short.
Reduced domestic corn availability alongside ethanol demand tightens feed-grain supply and can raise corn and poultry-feed costs, squeezing poultry producers’ margins. The reported crop shortfall is a meaningful bullish supply signal for Indian corn.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.