Poultry Feed Prices in India Set to Drop

by 5m Editor
7 January 2014, at 3:03am

INDIA - Following a downtrend in the prices of key inputs over the last few days, poultry feed prices are set to turn cheaper within next couple of days.

Commodity expert Aditya Mishra told The Hindu Business Line that following a continuous fall in cost of production, prices of pre-starter mash and finisher products may drop by Rs 600-800 a tonne, respectively.

However, concentrate feed may remain unchanged currently, he said. Prices of soyameal, DRB and bajra dropped further this week.

In the physical market, soyameal dropped by Rs 150 to Rs 34,000 a tonne, while bajra dropped by Rs 150 to Rs 13,250 a quintal.

Di-calcium phosphate moved down by Rs 0.05 to Rs 34.70 a kg, while maize moved up by Rs 40 to Rs 1,490 a quintal. DRB dropped by Rs 100 to Rs 7,300, Rice bran oil eased by Rs 2 to Rs 53 a kg, MBM was at Rs 39 and mustard de-oiled cake ruled unchanged at Rs 14,700 a tonne.

Broiler concentrate quoted at Rs 2,010 for a 50-kg bag and broiler starter mash 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.

A mixed trend was witnessed in poultry products on Saturday. Broiler prices ruled firm at Rs 92-94 a kg, egg eased by Rs 0.15 to Rs 3.85, while chick went for Rs 27-29, up Rs 4 from previous level.