The Indian poultry industry has decided to cut chicken production by 25% due to skyrocketing feed costs and anticipated low demand during upcoming festivals like Shravan and Navratri. Soybean meal prices have surged by over 40% in a month, leading to high production costs. The All India Poultry Breeders Association (AIPBA) has initiated culling of parent breeders to control supply. Industry experts blame artificial scarcity for the price hike and have urged the government to allow GM soybean imports to stabilize costs. https://kannada.asianetnews.com/gallery/business/poultry-industry-reduces-production-soybean-prices-rise-festival-demand-san-nm9656x #creator program