When feed prices crack the egg market
AI Summary
Rising maize and soybean prices are increasing poultry feed costs in Telangana, where feed represents nearly 80% of production expenses. Farmers face mounting pressure as El Niño threatens grain supplies, potentially affecting egg output and prices.
Rising maize and soybean prices, the mainstays of poultry feed, are squeezing farmers even as El Niño threatens to disrupt grain supplies; with feed accounting for nearly 80% of production costs, the pressure is building on Telangana’s poultry sector, raising concerns over egg output and prices
World Markets Commodities poultry feed maize prices soybean prices egg market Telangana El Niño grain supply