Poultry Feed Prices Likely to Rise28 February 2013
INDIA - Following an uptrend in prices of its key ingredients over the last few days, poultry feed products may turn dearer in the upcoming weeks.
Poultry feed prices stayed the same this week, despite an uptrend in prices of a few of its key ingredients, said trade expert Aditya Mishra.
However, soyameal and mustard de-oiled cake have witnessed some correction, input cost is still ruling on the higher side, he added.
The Hindu Business Line reports that after witnessing a good rally last weekend, soyameal dropped by Rs 290 and quoted at Rs 28,980 a tonne.
Bajra remained unchanged, after an uptrend last week, and sold at Rs 1,430 a quintal, maize sold at Rs 1,560. Rice bran oil was at Rs 55 a kg. Prices of mustard de-oiled cake decreased by Rs 20 and sold at Rs 1,420, meat and bone meal went for Rs 33 a kg, up 50 paisa, while DRB increased further by Rs 10 and sold at Rs 810 a kg, against Rs 715 a week ago.
Feed products have been ruling unchanged since February 6 but rising input cost may push feed prices upwards. Broiler concentrate quoted at Rs 1,780 for a 50-kg bag while broiler starter mash was at Rs 1,420.
Layer concentrate 25 per cent sold at Rs 1,385 for a 50-kg bag while layer concentrate 35 per cent quoted at Rs 1,070.
Pre-lay mash quoted at Rs 990 and while broiler finisher went for Rs 1,400.
Meanwhile, higher supplies in the market coupled with sluggish domestic demand pulled egg, chick and broiler prices down on Wednesday.
Egg went down by 27 paisa and sold at Rs 3.50. Broiler dropped by Rs 8 and quoted at Rs 90 a kg, while chicken sold at Rs 28, down Rs 5.ThePoultrySite News Desk