Seafood & Poultry News Today

Indian seafood exporters expect a rise in production and shipments due to predictions of a favourable monsoon. After a 8.74% decline in marine product exports in FY23-24, quality brood stocks offer prospects for increased shrimp production.

Namakkal poultry farmers are looking for unified negotiations for selling eggs. This approach of collective bargaining is believed to help obtain better prices and overall growth of the egg market in India.

Egg prices in Hyderabad have surged unseasonably due to a supply crunch, causing consumer dissatisfaction. The rise has been attributed to transportation costs and demand-supply gap following bird flu fears.

The USDA has revised its broiler export forecast, signalling impact on global poultry markets. This update could affect India's poultry industry and change consumer choices, given India's significant meat consumption and import reliance.

The summer heat in Mangaluru and Udupi has led to a drop in the price of eggs, with prices decreasing from around Rs. 6.50 to Rs. 5.50 per egg.

The USDA revised its broiler production forecast upwards, potentially impacting India's poultry market, where domestic consumption and international exports both play crucial roles. This may alter competitive dynamics and prices for Indian customers.

Brazil sees a rise in poultry exports in March, spurred by a strong demand globally, particularly from China, according to CEPEA. This has implications on international poultry trade and prices.

Egg prices are rising globally, including the US and India, due to higher feed costs, adverse weather conditions, and recovering demand post-lockdown, leading to a supply-demand imbalance.

To mitigate avian flu, Kolhan is restricting external chicken imports. Consumers are urged to buy locally produced poultry to maintain demand and supply balance and promote local enterprises.

Amid a bird flu outbreak, Jharkhand is on high alert with chicken sales being banned. Ranchi, in particular, faces serious ramifications, upending the local poultry industry and potentially affecting the nation's commodity market.