Allow import of soya, maize to promote egg exports: Poultry industry
India’s egg industry faces high feed costs—up to 70% of production—driven by expensive maize priced at ₹23/kg, over 35% above global rates. Despite this, domestic egg prices remain low. Producers urge government restrictions on soya imports to reduce costs and boost exports to Japan, the US, Vietnam, and Africa.
The Indian egg story is a paradox: feed costs, which account for up to 70 per cent of egg production costs, are among the highest in the world. Domestic maize prices are over 35 per cent of global prices due to competition from the ethanol industry. Yet, egg prices in the country are among the lowest globally.
The poultry industry wants the Government to restrict imports of soya to bring down the cost of egg production. This would help them tap into the huge export opportunity, including demand from countries such as Japan, the US, Vietnam, and several African countries.
Suresh Chitturi, Managing Director of Srinivasa Farms and former President of the International Egg Commission (IEC), said that the price of maize in the country was among the highest at ₹23 a kg, compared with ₹15.50 a kg in the US.
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Source : The Hindu Business line
