Poultry Product Prices May Gain on Festival Demand16 December 2013
INDIA - With domestic demand rising, prices for poultry products may increase further while feed products may continue to rule around current levels over the next few days, said trade expert.
According to the trade experts, demand for poultry feed and poultry products is likely to improve further by the end of December due to Christmas and New Year, reports The Hindu Business Line.
To reap better margins, poultry farmers have started selling broilers after letting the broiler a little heavier, resulting in an increase in feed consumption, said Aditya Mishra, a trade expert.
Meanwhile, with the cost of production being steady, prices of poultry feed products remained unchanged.
In the physical market, soya meal witnessed some correction, dropped by Rs 200 to Rs 34,500 a tonne, while Bajra was unchanged at Rs 13,000 a quintal.
Di-calcium phosphate improved by 90 paisa and sold at Rs 34.60 a kg, MBM improved by 10 paisa and sold at Rs 31.80 a kg while Maize dropped by Rs 10 and was at Rs 1,480 a quintal. Rice bran oil was at Rs 64 a kg, DRB sold at Rs 7,300, while Mustard De-oiled Cake eased by Rs 100 and was at Rs 14,900 a tonne.
Broiler concentrate quoted at Rs 2,010 for a 50-kg bag while Broiler Starter Mash sold at Rs 1,550 for a 50 kg bag.
Pre-lay mash sold at Rs 1,040 for a 50-kg bag. “Layer concentrate 25 per cent” was at Rs 1,480 for a 50-kg bag while “Layer concentrate 35 per cent” sold at Rs 1,165 for a 50-kg bag.
Meanwhile, as expected, broiler and egg improved on increased off-take on Saturday. Broiler moved up by Rs 2 and sold at Rs 78-80 a kg, egg improved by 11 paisa and was at Rs 4.03, while Chick went for Rs 24.ThePoultrySite News Desk