Indian egg producers warn of retail price increase

Indian egg producers have warned of an impending hike in retail prices as feed costs remain high. The National Egg Coordination Committee said farmers are losing USD 0.02/egg on average as high corn and soybean prices push production costs past the farm price. The group requested the government to provide farmers with 2mt of grain deemed unfit for human consumption to be used as alternative raw materials. Currently, eggs retail for 0.065/egg while farm price stands at USD 0.042/egg.