Indian poultry industry slashes output 25% immediately as feed costs surge over 40%
Poultry breeder bodies including AIPBA, CLFMA and KPFBA will cut production 25% and cull breeder stock to counter a 40%+ spike in soybean meal prices. Breeder bird prices have collapsed from Rs 140 to Rs 65. Industry seeks government nod for GM soybean meal imports to stabilise feed supply.
Indian poultry industry bodies will cut production 25% immediately and cull breeder stock to offset a 40%+ surge in soybean meal feed costs, blaming hoarding; they seek government approval for GM soybean meal imports to stabilise prices.
Also reported by
- The Hindu BusinessLine — Same time