Poultry Feed Prices Seen Flat in Near-term06 May 2013
INDIA - Feed prices are likely to rule flat in near term following volatility in prices of key ingredients.Heavy fluctuation in prices of its input materials kept poultry feed prices unaltered this week.
Aditya Mishra, a commodity expert, told The Hindu Business Line that following fluctuations in ingredients prices, feed prices have not been declined yet. This week, soyameal has decreased by almost Rs 1,000 a tonne. Feed prices may continue to rule around current levels for the next few days, he said.
On Saturday, soyameal eased by Rs 750 to Rs 36,050 a tonne.Bajra went up by Rs 20 to Rs 1,510 a quintal, DCP was at 35 a kg, MBM eased by Re 1 to Rs 40 a kg, while maize dropped by Rs 30 to Rs 1,370 a quintal.
Mustard De-oiled Cake remained unchanged and sold at Rs 14,500 a tonne. DRB ruled flat at Rs 9,100 a tonne, while rice bran oil quoted at 51 a kg, down Re1.
Pre-lay mash quoted at Rs 1,040 for a 50-kg bag, while layer grower mash sold at Rs 980 for a 50-kg bag.Broiler concentrate quoted at Rs 2,000 for a 50-kg bag while Broiler Starter Mash was at Rs 1,520.
Meanwhile, higher supplies in the market coupled with steady demand pulled poultry products further down on Saturday.Egg went further down by 15 paise on slack demand to Rs 2.05. Broiler eased by Rs 2 and quoted at Rs 58-65 a kg, while chick went for 8, Rs 4 down from previous levels.
Traders expect that poultry products may go further down in coming daysThePoultrySite News Desk