Poultry Industry Seeks Stability Amid Soybean Supply Concerns

India’s poultry and livestock sectors are raising concerns over tightening soybean availability, urging policy support to stabilise feed markets. Soybean production for the 2025–26 season is estimated at 12.72 million tonnes; however, the Soybean Processors Association of India has projected a lower output of 10.53 million tonnes, compared to 12.58 million tonnes in the previous year. The USDA Foreign Agricultural Service has also indicated a potential 15% decline, citing reduced acreage, adverse weather conditions, and crop diversification.

A decline in soybean production directly impacts the availability of soybean meal, a critical protein source for poultry, dairy, aquaculture, and fish feed. Any disruption in supply is likely to increase feed costs and exert pressure on farmers and integrators dependent on affordable, high-quality nutrition inputs.

To address the anticipated shortfall, industry stakeholders have recommended allowing imports of up to 1.5 million tonnes of genetically modified (GM) soybean meal. This, they argue, would help ensure continuity in feed supply and mitigate price volatility.

In parallel, there are calls to extend the government’s suspension of soybean trading on the National Commodity and Derivatives Exchange, which was implemented to curb speculative activity and stabilise prices. With the restriction set to expire on March 31, 2026, industry bodies believe an extension could prevent sharp market fluctuations and protect stakeholders across the value chain.

Overall, the situation highlights the need for balanced policy measures to manage supply risks, maintain feed affordability, and support the stability of India’s livestock and aquaculture sectors.