Category: News

The global maize market has witnessed a notable surge in prices and the reasons are not confined to India alone. The prevailing scarcity in supply is evident both domestically and internationally, instigating concerns over the sustained escalation of maize prices. Within the poultry sector, there is a mounting apprehension regarding the rates and scarcity of maize. Presently, maize is being traded at prices exceeding the Minimum Support Price (MSP) by 400 to 500 rupees per quintal. The Poultry Association, i.e Poultry Federation of India, has consistently communicated its concerns to…

In a significant development for the India’s Jammu and Kashmir region, the district of Kathua is poised to become the epicenter of a major transformation in poultry production. The imminent establishment of the largest chicken hatchery, valued at a staggering Rs 5 crores, is anticipated to revolutionize the monthly output of chickens throughout the Jammu Division. Official sources have disclosed that the forthcoming hatchery in Kathua will play a pivotal role as the primary generator of chicks, employing a low-tech system aimed at augmenting both egg and meat production in…

Brazil and Mexico are collaborating on a strategic initiative to facilitate the continuous flow of poultry and egg trade between the two nations, even in the face of potential avian flu outbreaks. This joint effort was announced by Mexico’s agriculture ministry , as reported by renowned news agency Reuters. The primary objective of the plan is to identify specific regions in each country that remain unaffected by potential avian flu outbreaks. The aim is to establish a comprehensive map, ensuring that trade can persist from those disease-free areas. This information…

India’s Devyani International announced its strategic move into the Thai market by acquiring Restaurants Development Co for a substantial $128.9 million. The deal, set to conclude by March 2024, positions Devyani to take charge of 274 KFC outlets in Thailand, presently operated by the acquired company, employing over 4,500 individuals. Through its Dubai unit, where it holds a majority stake of 51%, Devyani orchestrated the acquisition, with the remaining ownership held by Singapore-based private investment firm Temasek Holdings. In a statement, Devyani expressed optimism about Thailand’s robust poultry market, emphasizing…

In recent months, the global poultry industry has experienced a sluggish growth phase. However, a recent report from Rabobank suggests that the fourth quarter of 2023 and early 2024 may bring positive changes, thanks to improved demand and reduced costs. The projected growth for the global poultry market in 2023 is modest, expected to increase by 1.2%, which is below the historical average of 2.5% per year. Despite this, Rabobank remains optimistic about the market’s positioning for the upcoming year. Nan-Dirk Mulder, senior analyst of animal protein at Rabobank, pointed…

South Africa finds itself in the midst of a poultry apocalypse, with over 7.5 million chickens culled to combat the rampant avian influenza. The government, alongside the national poultry association, attempts to downplay the severity of the situation, but the grim reality is painted by the decimation of at least 205,000 chickens in over 60 outbreaks across the nation. The culling frenzy extends to 2.5 million meat-bred chickens and an additional 5 million egg-layers, collectively representing 20-30% of the country’s total chicken stock. The government hastily scrambles to issue import…

The Karnataka High Court recently ruled out that since Poultry Farming is an agricultural activity, it cannot be termed as “commercial” allowing the gram panchayats to levy any kind of tax under the Karnataka Gram Swaraj and Panchayat Raj Act. Justice Suraj Govindaraj has pointed out that a poultry farm is an agricultural activity and does not require land to be converted for any commercial purpose. Petitioner K Narasimhamurthy, who owns four acres of land in Nagasandra village, had approached the gram panchayat in order to seek NOC to obtain an connection…