India’s corn prices hit an all-time high at ₹3,075 per 100 kg. Drought-driven production cuts are colliding with competition for grain from both the poultry and ethanol industries. Higher feed costs are being passed downstream, and chicken and egg prices are bound to move sooner or later. This isn’t speculation—it’s a hard supply-demand shortfall. If you’re watching agricultural commodities and food inflation, come back next week to see whether this call was right.