Egg Prices Surge 40% Amid Rising Maize Costs and Ethanol Demand
· Business · NDTV
Egg prices have increased by 40% over the past year due to a combination of rising input costs and shifting agricultural policies. Poultry farmers are facing significant financial pressure as the cost of maize, a primary component of poultry feed, continues to climb. The government's E20 fuel policy, which mandates a 20% ethanol blend in petrol, has redirected grain supplies toward ethanol production, further tightening the availability of feed for the poultry sector. Seasonal demand patterns are expected to push prices even higher during the upcoming winter months. The report does not specify the exact projected price ceiling for the coming season.
Why it matters
The rising cost of poultry feed directly impacts the retail price of eggs, increasing the daily grocery expenses for Indian households. This trend also threatens the profit margins of small-scale poultry farmers who are struggling to absorb the higher production costs.
Read the original report — NDTV
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