Page 23 - Think Grain Think Feed - December 2023

www.benisonmedia.com INTERVIEW Think Grain Think Feed - Volume 10 | Issue 2 | Dec 2023 industry also voiced highlighting the immediate VIP urgently requests www.benisonmedia.com

Think Grain Think Feed - Volume 10 | Issue 2 | Dec 2023

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concerns about the rising
threat to the poultry
the government to
prices of feed ingredients.
industry's financial health.
consider reducing the
Poultry feed accounts for
Think Grain Think Feed
connected with various
the surge in local maize
industry associations to
GMO maize from 60%
prices, compounded by
discuss the ongoing situation 80% of production costs, and import duty on non-
to either NIL or a
and possible solutions to inconsistent rainfall in major
protect the industry. maize-producing states, is maximum of 15%. He
Various industry associations adversely affecting chicken argues that previous
penned a critical letter to production. instances of maize imports
Union Minister Parshottam He argues that the current have not adversely affected
Rupala, imploring the maize prices of INR 25 per kg local farmers; instead, they
government to reduce throughout India are played a crucial role in
import duties on maize. The unsustainable for the poultry stabilizing demand and
poultry sector, a key player in farming community. supply, benefiting both
the Indian economy, faces Anticipating a further farmers and the poultry
financial instability and increase to INR 28-30 per kg industry, and ensuring
consumer affordability issues by February 2024, the affordable access to
due to escalating local maize association foresees a nutritious protein for the
worsening situation post that people of India.
prices, constituting 60% of
poultry feed. date due to uncertainties in Soybean woes increase
Rabi maize production. The risks for the Indian poultry
Industry seeks government
industry relies on imports to industry
intervention in maize
Escalating Maize Prices and imports bridge the demand-supply Suresh Deora, Chairman,
In the plea, Dr. Ajay gap, but the existing 60% CLFMA of India, an
association representing All-
import duty on non-GMO
Market Oversupply Raise Alarms Deshpande, President, Vets maize is discouraging. India manufacturers of
in Poultry (VIP) underscores compound feed expressed
In response to the crisis,
for Indian Poultry Sector the urgency of the situation, similar concerns. In the letter,

Christmas & New Year's ethanol production from maize adds to
seasons are causing a surge concerns for the poultry industry's supply
in egg and chicken demand, challenges.
leading to price hikes while Several industry associations have penned INDIAN
oversupply in the market due letters to the Animal Husbandry Department POULTRY
to the increased body weight SECTOR
requesting permission for maize imports. On
of chicken is distressing the
December 23rd, a roundtable meeting, led
market. Poultry farmers
by Ms. Alka Upadhaya, Secretary of the
anticipate further increases Dr Ajay Deshpande Suresh Deora Zoya Afreen Alam
Department of Animal Husbandry and
in the cost of production due
Dairying, featured representatives from
to low maize and soya yields
various departments and industry
(major feed ingredients)
associations. This strategic assembly
caused by unfavorable
convened key stakeholders, such as major EXPERT
weather conditions. The
scarcity is prompting calls for companies, state governments, and industry OPINION
maize imports to alleviate groups, to discuss the challenges and
shortages, while the strategies for exports of Indian poultry
government's emphasis on products. During the meeting, the poultry Ranpal Dhanda Dr. Pattabhi Vasant Kumar Shetty

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