Due to low rainfall this year, stockists have started to hold the stocks and that has driven prices up, said Mr Satpal Singh, Proprietor, Sarvottam Poultry Feed Supply Centre Pvt Ltd.

“If the monsoon fails to pick up even this week, prices of poultry feed products may increase further in the coming days,” he added.

Higher export of soyameal is also a big reason behind the rally in soyameal prices, said Mr Satpal.

According to The Hindu Business Line, soyameal has rallied and prices have increased by Rs 850 a quintal in the last three weeks. It may go up further, he said.

On Wednesday, 11 July, soyameal prices increased by Rs 100 and quoted at around Rs 3,900 a quintal. Similarly, maize prices went up by Rs 95 to Rs 1,270 a quintal.

Bajra increased by Rs 70 and settled at Rs 1,100 a quintal, DCP went up by Re 1 and quoted at Rs 36 a kg, while fish oil sold at Rs 82 a litre. Poultry feed products

Prices of poultry feed products went up by Rs 70 and Rs 200 for a 30-kg and a 50-kg bag respectively. Broiler concentrates feed went up by Rs 200 and quoted at Rs 1,830 for a 50-kg bag.

Broiler Starter Mash sold at Rs 1,350 for a 50-kg bag, up Rs 70 from its previous level.

‘Broiler Pre-Starter Concentrate 30 per cent’ increased by Rs 120 and sold at Rs 1,540 for a 30-kg bag, while layer concentrate went up by Rs 130 and cost Rs 1,390 for a 50-kg bag.

Pre-lay mash quoted at Rs 900, up Rs 70 from its previous level while broiler finisher went up by Rs 70 and sold at Rs 1,330 for a 50-kg bag.

Meanwhile, after touching a record high earlier this month, egg and broiler prices witnessed correction while chick went further up on Wednesday. Broiler quoted at Rs 95 a kg against Rs 125 last week.

The price of an egg went down by 65 paise and cost Rs 2.65, while chick went up by Rs 4 and sold at Rs 22. Buyers’ resistance is the prime reason behind the fall in the prices of broiler and egg, said Mr Satpal .