“The RBI’s assessment rightly highlights the growing uncertainty around the agricultural outlook due to deficient and uneven monsoon conditions. For the livestock sector, this is a critical concern as any disruption in crop production directly impacts the availability and prices of essential feed ingredients such as maize and soybean. Higher feed costs eventually translate into increased production costs for poultry, eggs, milk and other livestock products, affecting both farmers and consumers. While healthy reservoir levels and the government’s emphasis on climate-resilient agriculture and crop diversification are encouraging, timely policy support and effective implementation will be key to ensuring feed security. Strengthening the resilience of India’s feed and livestock value chain is essential not only for protecting farmer livelihoods but also for ensuring stable food prices and sustaining the country’s nutritional security.”
