Poultry Business

A combination of high inflation and sanctions imposed by the West has led to the egg crisis in Russia

The Indian poultry industry's revenue is expected to grow by 8-10 per cent in 2023-24, mainly driven by healthy volume growth and improvement in realisations, a report said on Tuesday. The revenue growth expectations of the domestic poultry industry are likely to be at 8-10 per cent in FY24, which will be led by significant volume expansion and improving share of organised players, rating agency Icra said in a report. While realisations were strong in H1 FY23, they started tapering afterwards due to excess supply, said the report. Subsequently, the pick-up in demand in the current fiscal resulted in improvement of average realisations to Rs 107 per kg in H1 FY24 compared to Rs 101 per kg in FY23, said the report adding that the festive season and cold weather will support demand and realisations in the remaining fiscal year. "While realisations improved in H1 FY24, following controlled supply and healthy demand, players' earnings were further supported by softened feed costs. Maize

The contract farming model isn't benefiting the growers anymore, they allege

Minister of State of Fisheries, Animal Husbandry and Dairying Sanjeev Kumar Balyan on Monday asked the poultry industry to focus on research for reducing import dependence on vaccines and feed additives. Addressing a CII conference, Balyan recommended the reconstitution of the poultry advisory committee for connecting all stakeholders. He also urged the industry to focus on integration of small farmers for a vibrant and sustainable poultry sector, CII said in a statement. Balyan asked the industry to focus on R&D towards offsetting import dependence for vaccines and feed additives. The Union Budget (2022-23) has allocated Rs 6,407 crore for the ministry, which is an increase of 44 per cent from the 2021-22 allocation. Atul Chaturvedi, Secretary, Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying, said the industry needs to come up with effective and sustainable solutions towards making our products competitive such that we not ...

China and Korea block non-heated poultry meat from Indiana, while Taiwan restricts poultry meat from the state.

Due to the fear of bird flu, the sale of chicken and chicken products have been hit the worst

Meat is a $30 billion market in India with over 90 per cent demand being catered to by players in the unorganised segment. Meat start-ups eye to control a big piece of this space

Despite the increase, both broiler chicken and eggs are selling at break even, though their cost of production has declined on account of a sharp fall in the price of feed such as maize and soybean

The poultry market consumes around half of soybean and maize production in India.

Coimbatore-based Suguna is one of the leading poultry integrators in India with operations covering all areas of the poultry sector

The court was hearing a batch of PILs by NGOs FIAPO and the People for Animals which have claimed that keeping egg-laying hens in small wired cages amounts to 'extreme cruelty'

The data released yesterday shows that while overall the number of India's poultry birds have risen from 729.2 million to 851.8 million as the 2019 census, an increase of almost 17 per cent

It is starting egg-powder and chicken products manufacturing plants in Telangana and Andhra Pradesh