Volatile Input Costs Keep Poultry Feed Unchanged18 July 2013
INDIA - Following volatility in prices of key ingredients, poultry feed prices remained unchanged on Wednesday, 17 July.
Aditya Mishra, an expert, told The Hindu Business Line that despite some correction in the prices of soyameal and a few other ingredients, prices of poultry feed products were unchanged as traders are waiting for the input costs to stabilise.
There has been too much volatility in prices of key ingredients in the recent past, he said.
Earlier, feed prices were expected to rise but the recent fall may keep prices unchanged, said market experts.
The Hindu Business Line reports that in the physical market, after witnessing a rally in the last few days, soyameal moved down by Rs 1,300 to Rs 34,400 a tonne.
Bajra dropped by Rs 10 to Rs 1,330 a quintal, DCP was at 35 a kg, MBM sold at 35 a kg while maize dropped by Rs 10 to Rs 1,490 a quintal.
Mustard de-oiled cake dropped further by Rs 300 to Rs 14,800 a tonne, DRB went further down by Rs 200 to Rs 11,000 a tonne, while rice bran oil ruled at 52 a kg, down Re 1 from previous level.
Broiler concentrate feed quoted at Rs 2,050 for a 50-kg bag, while Broiler Starter Mash quoted 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 1,490while layer concentrate 35 per cent went for Rs 1,175.
Meanwhile, a downtrend was witnessed in the poultry products market on Wednesday on account of low demand.
Egg dropped drastically by 79 paise and sold at Rs 2.09.
Broiler dropped by Rs 4 and quoted at Rs 60-62 a kg, while chick went for Rs 6-8, Rs 2 down from previous levels.ThePoultrySite News Desk