Farmers are experiencing a 15% loss due to rising poultry feed costs, impacting dairy producers in drought-stricken regions. Key ingredients have surged by 75%, 68%, 66%, 43%, and 8% respectively, reducing demand and increasing competition between poultry and ethanol manufacturers for maize. Industry associations call for easing maize imports and releasing unfit stocks to boost livestock feed availability.
Key points
Farmers are experiencing a 15% loss due to rising poultry feed costs.: Farmers are experiencing a 15% loss due to rising poultry feed costs.
Key ingredients have surged by 75%, 68%, 66%, 43%, and 8% respectively.: Key ingredients have surged by 75%, 68%, 66%, 43%, and 8% respectively.
Industry associations call for easing maize imports and releasing unfit stocks to boost l…: Industry associations call for easing maize imports and releasing unfit stocks to boost livestock feed availability.
Sources checked by our analysis pipeline: 1
Poultry farmers are facing losses of about 15%, industry executives said, while dairy producers in drought-hit regions are struggling to source fodder. Prices of mustard meal have risen 75%, deoiled rice bran meal 68%, corn DDGS 66%, groundnut meal 43% and maize 8%.
Feed manufacturers are also facing margin pressure as higher prices dampen demand. Industry associations have urged the government to ease maize imports and release foodgrain stocks unfit for human consumption for use as livestock feed. The competition between the poultry and the ethanol manufacturers has increased to get a higher share of maize, whose production has fallen due to a deficient monsoon.
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