Poultry Feed Prices Likely to Go up Higher12 July 2013
INDIA - Poultry feed prices may go up later this month after remaining unchanged this week with ingredients ruling range-bound, said trade experts.
Subhash Sharma, Financial Head, Sarvottam Poultry Feed Supply Centre Pvt. Ltd, told The Hindu Business Line that soyameal, a key ingredient, has been ruling in tight range and keeping feed prices unchanged.
Other ingredients, meanwhile, have also been range-bound, without affecting the cost of production, according to The Hindu Business Line.
However, due to rising dollar, a few medicines such as DLM and Lysine have become dearer and it may push feed prices upwards later this month, said market experts.
In the physical market, soyameal moved up by Rs 730 to Rs 35,230 a tonne. Bajra dropped by Rs 70 to Rs 1,360 a quintal, DCP was at 35 a kg, MBM remained unchanged and sold at 35,500 while maize dropped by Rs 30 to Rs 1,490 a quintal.
Mustard de-oiled cake went up by Rs 200 to Rs 15,400 a tonne, DRB improved by Rs 200 to Rs 11,300 a tonne, while rice bran oil ruled at 53 a kg.
Broiler concentrate feed quoted at Rs 2,050 for a 50-kg bag while Broiler Starter Mash was at Rs 1,550. Pre-lay mash sold at Rs 1,040 while layer grower mash quoted at Rs 980.
Layer concentrate 25 per cent was sold at Rs 1,490 while layer concentrate 35 per cent went for Rs 1,175.
Meanwhile, poultry products market witnessed a steady trend, on Wednesday.
Egg dropped by Rs 8 paise and sold at Rs 2.88. Broiler ruled flat and quoted at Rs 72 a kg, while chick went for Rs 11, remained unchanged.ThePoultrySite News Desk