
India's poultry industry has asked the government to release about 5 million tonnes of broken rice and other suitable grains from FCI's surplus stocks at subsidised rates. The request is aimed at cutting egg and chicken production costs, which have risen with feed prices.
Diverting surplus rice to poultry feed would add supply to the feed-grain pool and could ease domestic feed costs, while the request also signals that corn and soybean prices have pushed feed costs higher.
After 101 past bearish policy events, Rough Rice moved a median -0.1% over 5 sessions (50% higher; middle half -1.7% to +1.6%), and +0.1% 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.