Poultry Feed Prices Seen Ruling Flat

INDIA - Poultry feed prices are likely to rule around current levels for the next few days due to lack of demand.
calendar icon 2 May 2013
clock icon 3 minute read

According to experts, marginal fluctuation in production costs apart from slack demand is keeping poultry feed prices unchanged.

Aditya Mishra, an expert, told The Hindu Business Line that following volatility in prices of key ingredients in the last couple of weeks, feed prices have not changed yet.

Soyameal and maize dropped further this week. On Wednesday, soyameal eased by Rs 200 to Rs 36,800 a tonne. Bajra went up by Rs 20 to Rs 1,490 a quintal, DCP was at 35 a kg, MBM improved by Rs 5 and quoted at Rs 41 a kg while maize dropped by Rs 50 and quoted between Rs 1,400 and Rs 1,450 a quintal.

Mustard de-oiled cake went down by Rs 100 at Rs 14,500 a tonne, DRB remained unchanged at Rs 9,100 a tonne while rice bran oil was at 52 a kg.

“Layer concentrate 25 per cent” sold at Rs 1,465 for a 50-kg bag while layer concentrate 35 per cent went for Rs 1,150. Pre-lay mash quoted at Rs 1,040 while layer grower mash sold at Rs 980 . Broiler concentrate quoted at Rs 2,000 while Broiler Starter Mash was at Rs 1,520.

Meanwhile, higher supplies in the market coupled with steady demand pulled poultry products down, on Wednesday. Egg went down by 18 paise on slack demand and sold at Rs 2.20. Broiler eased by Rs 12 and quoted at Rs 60 a kg, while chick went for 10-12, Rs 10 down from previous levels.

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