Costlier poultry feed lifts India broiler and egg prices as costs rise 15% to Rs 4,400/quintal
AI Market Summary
Indian poultry feed costs rose ~15% YoY, driven by a ~1.5mt soybean meal shortage and sharply higher maize prices, lifting farm-gate chicken and egg prices. A smaller soybean sown area and weather disruptions tighten feed availability, keeping input inflation elevated. The story is most relevant for soybean-linked ag commodities, with knock-on effects for food inflation and consumer-price baskets in the near term.
Impact level
● Medium
Affected assets
NCCOSOYBEANS2USD/USDT-0.02%
AI Insight · NCCOSOYBEANS2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
India’s poultry feed prices are up 15% year-on-year to Rs 4,400/quintal, driven by a 1.5 million tonne shortage of soybean meal and a jump in maize prices to Rs 27–Rs 28/kg from Rs 18–Rs 19/kg in April. With feed accounting for 65% of broiler production costs, farm-gate and retail prices for chicken and eggs have climbed. Soybean sowing has fallen 4.5% year-on-year to 10.6 million hectares, while soybean is trading around Rs 6,900/quintal versus an MSP of Rs 5,708/quintal for the 2026-27 season.
