Poultry Feed May Rule Steady on Demand

INDIA - Despite a downtrend in prices of key ingredients, poultry-feed prices ruled unchanged this week.
calendar icon 13 February 2014
clock icon 2 minute read

Commodity expert Aditya Mishra told The Hindu Business Line that prices of a few ingredients have come down but they have not made any major impact on the cost of production.

Demand for feed is steady in the market and feed products may continue to rule without alteration over the next few days, he said.

In the physical market, soyameal witnessed some correction, dropped by Rs. 500 to Rs. 34,500 a tonne, while bajra dropped by Rs. 200 to Rs. 12,800 a quintal.

Di-calcium phosphate was unchanged at Rs. 34.80 a kg, while maize decreased by Rs. 50 to Rs. 1,450 a quintal. DRB went for Rs. 8,700, rice bran oil eased by Rs. 2 to Rs. 52 a kg, MBM was quoted at Rs. 44, while mustard de-oiled cake improved by Rs. 200 to Rs. 14,800 a tonne.

Pre-lay mash sold at Rs. 1,050. Layer concentrate 25 per cent was at Rs. 1,490 while layer concentrate 35 per cent was at Rs. 1,175. Broiler concentrate quoted at Rs. 2,040 for a 50-kg bag.

Meanwhile, poultry products dropped on sluggish demand on Wednesday. Broiler dropped by Rs. 9 to Rs. 65 a kg, egg eased by 33 paise to Rs. 2.95, while chick went for Rs. 24-25, down Rs. 1.

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