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Thailand anticipates a surge in corn production for MY2020/21 due to an increase in planted area and good weather. Meanwhile, there is still a high demand for alternative feed grains since domestic corn production and corn imports are insufficient to meet the demand for feed ingredients. The forecast for MY2020/21 corn production in Thailand is 5.6 million metric tonnes (MMT), up 24% from MY2019/20 due to an expansion in acreage and favourable weather conditions. The average farm-gate prices of corn between January and August 2020 were around 7.7 baht/kg (US$ 248/MT). Corn prices declined 3% from the same period last year due to the increased production and a surge in duty-free corn imports from neighbouring countries under the ASEAN free-trade agreement, particularly from Myanmar. Myanmar corn is approximately 30% cheaper than locally produced corn. A surge in corn production for MY2020/21 is expected in Thailand due to an increase in planted area and favourable...

Kolkata: Chicken is set to become cheaper in the domestic market as the price of soya meal, a key poultry feed, is expected to ease off on increased availability. Industry executives said soya meal exports plunged 75.7 per cent year-on-year in May as shipments to Iran fell sharply because of the US sanctions. This has increased supply of soya meal in the domestic market, which in turn is expected to push its prices down. Soya meal constitutes 45 per cent of the poultry feed. “Since, the soya meal availability has increased in the market, prices too will fall,” Madan Mohan Maity, secretary at West Bengal Poultry Federation, told ET. “This will bring down chicken prices by 10 per cent. We are hoping price of chicken to decline from end June.” Retail chicken prices soared nearly 30 per cent to Rs 220 per kg in May from Rs 170 in January. But Amit Saraogi, managing...

New Delhi: The animal husbandry, dairy and fisheries ministry is concerned over the low consumption of milk and poultry products due to the lockdown, even though they come under essential services. Union minister for animal husbandry, dairy and fisheries, Giriraj Singh along with ministers of state, Sanjeev Balyan and Pratap Sarangi, have been taking stock of the situation on a regular basis. Ever since the lockdown, both the items have witnessed a decline in consumption largely due to supply and demand issues. Initially, many people didn’t buy chicken because of rumours that Covid-19 might spread through poultry. However, the ministry has been regularly clarifying that there is no harm in having chicken. Post the imposition of the lockdown, poultry shops have remained closed. After receiving complaints, the ministry wrote a letter on March 23 to the chief secretaries of all the states to issue necessary directions to include chicken, egg and meat in the...

New Delhi, The poultry industry in different parts of the country has been hit hard amid rumours that the novel coronavirus can transmitted through consumption of chicken, the prices of which have fallen considerably as a result.Vijay Sardana, an agricultural economist and adviser of the Poultry Federation of India, said that poultrymen were getting just Rs 20 per bird in the market whereas the cost of production was Rs 80.He said the jobs of about two crore people employed in the poultry industry across the country have been impacted.People were avoiding consumption of meat, fish, chicken, and egg etc. Due to the fall in demand, wholesale price of chicken had dropped by as much as 70 per cent. As a result, chicken was now available at Rs 100-150 per kg in retail compared with Rs 180-200 earlier on.Union Minister of Animal Husbandry, Dairying and Fisheries Giriraj Singh has admitted the...

Iran