
India's poultry industry has asked the government to allocate about 5 million tonnes of surplus rice, including broken rice, from the Food Corporation of India's stocks at subsidised rates to lower feed costs. Poultry bodies cite higher maize and soybean prices, and FCI reportedly held about 8.44 million tonnes of grain above buffer norms as of 1 October 2026.
Cheaper rice as feed would substitute for maize and could ease demand for corn and soybean meal in India, while large government stock releases would weigh on domestic rice prices.
After 100 past bearish policy events, Rough Rice moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.