Poultry Feed Seen Flat in Near-term23 May 2013
INDIA - Feed prices are likely to rule flat in near-term following steady input cost, said trade experts.
Marginal fluctuation in the prices of its input materials kept poultry feed prices unaltered this week.
Aditya Mishra, a commodity expert, told The Hindu Business Line that key ingredients have been ruling with marginal fluctuation and it has not made any major impact on the cost of production.
Demand for feed products is also sluggish and market may continue to rule around current levels for the next few days, he said.
Soyameal dropped by Rs 50 to Rs 35,950 a tonne. Bajra went up by Rs 50 to Rs 1,500 a quintal, DCP was at 35 a kg, MBM eased by 50 paise to Rs 38 a kg while maize improved by Rs 70 to Rs 1,400 a quintal. Mustard de-oiled cake stood at Rs 14,900 a tonne, DRB sold at Rs 9,000 while rice bran oil ruled at 49 a kg, remained unchanged.
Pre-lay mash was at Rs 1,020 for a 50-kg bag, while layer grower mash quoted at Rs 960. Layer concentrate 25 per cent sold at Rs 1,445 while layer concentrate 35 per cent went for Rs 1,130. Broiler concentrate quoted at Rs 1,980 while Broiler Starter Mash was at Rs 1,500.
Meanwhile, lower supplies pushed egg prices up while slack demand pulled broiler and chick down on Wednesday.
Egg went up by 35 paise and sold at Rs 2.53. Broiler eased by Rs 3 to Rs 75 a kg, while chick went for Rs 8, Rs 10 down from previous week.
According to the market experts, egg production has decreased by 25-30 per cent over the last few weeks.ThePoultrySite News Desk