Egg prices soar in India as maize, soybean costs push up poultry expenses

In a shocking turn of events, egg prices in India have soared to historic highs, primarily due to surging poultry feed costs. Increases in maize and soybean meal prices are heavily influencing production expenses, alongside ongoing concerns related to the West Asia conflict and local crop yields. Furthermore, the intense summer heat has negatively impacted broiler chicken production, leading to a surge in meat prices.