
Egg and chicken prices are estimated to rise 25 to 30 percent from December. Poultry feed raw materials such as maize and broken rice have reportedly climbed 30 to 40 percent in recent months, driven by farmer and trader stockpiling.
Winter demand is also lifting egg prices, with wholesale eggs expected to rise from Rs 6-7 to Rs 7-8 next month.
Higher maize and broken rice costs raise poultry feed expenses, which producers are likely to pass on to retail chicken and egg prices. Tighter feed supply and stockpiling add upward pressure on corn and rice prices.
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.