Steady Input Costs Keep Poultry Feed Flat03 January 2013
INDIA - With the cost of production being steady, prices of poultry feed products remained unchanged this week.
Aditya Mishra, a commodity expert, told The Hindu Business Line that good demand and a steady input cost kept the prices of feed products unchanged. Feed products have been ruling flat since the last week of November and may continue to rule around current levels for the next few days too, he added.
Soyameal ruled flat and quoted at Rs 2,900 a quintal. Bajra, too, remained unchanged and sold at Rs 1,400 , while maize quoted at Rs 1,555, down by Rs 15. Di-calcium phosphate sold at Rs 36.50 a kg, while meat and bone meal went for Rs 32 a kg. Rice bran oil was at Rs 56 a litre while mustard de-oiled cake was at Rs 1,670 a quintal.
Traders expect that it is unlikely to see any major alteration in the prices of the most of the key ingredients of feed while the mustard de-oiled cake may go up by Rs 50-60 a quintal in near future, he said.
Broiler concentrates feed quoted at Rs 1,860 for a 50-kg bag while Broiler Starter Mash was at Rs 1,460.
“Broiler pre-starter concentrate 30 per cent” sold at Rs 1,600 for a 30-kg bag while layer concentrate quoted at Rs 1,425 for a 50-kg bag.
Pre-lay mash quoted at Rs 1,030 while broiler finisher sold at Rs 1,440 for a 50-kg bag.
Meanwhile, increased off-take pushed egg, broiler and chick prices upwards, on Wednesday.
Egg increased marginally by 12 paise and sold at Rs 3.45, broiler went up by Rs 4 and quoted at Rs 64-66 a kg, while chick improved by Rs 3 and sold at Rs 11-13. Poultry products may rule range-bound following a steady domestic demand coupled with an easy availability of stocks, said Mr Mishra.