Poultry suffers as Indian feed grain exports grow

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Increasing feed grain exports from India is making it difficult for local poultry producers to negotiate local prices. Poultry Farmers and Breeders Association (Maharashtra), President, C Vasanthkumar told Asian Agribiz prices corn and soybean meal prices have gone up by 46% and 53% respectively. This has increased cost of production to historic highs of USD 1.37/kg. The USDA in November 2021, expected Indian corn exports to drop to 2.5mt in MY 2021/2022, from 3.59mt in 2020/2021. The war in Ukraine has made Indian corn attractive in the region.

Editor, Asian Feed Magazine and FeedWatch, Colombo, Sri Lanka. The Russian-Ukraine war has intense implications on the world grain markets and Zahrah has her fingers on the pulse with articles like, ‘Wheat, corn markets shudder over Russia-Ukraine conflict’.