December 27, 2013
India''s poultry-feed prices may remain at current levels
Following steady input costs, India''s poultry-feed prices are likely to rule flat in the near term.
Aditya Mishra, a commodity expert, said that though there was some fluctuation in prices of key ingredients, it has not made much impact on the cost of production.
Steady demand is also keeping feedproducts unchanged and prices may continue to rule around current levels over the next few days.
In the physical market, soymeal remained unchanged and sold at INR34,600 (US$558) a tonne, while bajra dropped by INR300 (US$4.83) to INR13,300 (US$214) a quintal. Di-calcium phosphate was unchanged at INR34.60 (US$0.56) a kilogramme, meat and bone meal (MBM) sold at INR31.80 (US$0.51) a kilogramme, while corn eased by INR20 (US$0.32) to INR1,480 (US$24) a quintal.
Dry-rolled barley (DRB) went up by INR400 (US$6.45) to INR7,900 (US$127), rice bran oil was at INR55 (US$0.89) a kilogramme, while mustard de-oiled cake improved by INR300 (US$4.83) to INR15,000 (US$242) a tonne.
Broiler concentrate quoted at INR2,010 (US$32.40), while broiler starter mash sold at INR1,550 (US$25) for a 50-kilogramme bag. Pre-lay mash sold at INR1,040 (US$17). Layer concentrate 25% was at INR1,480 (US$24) while layer concentrate 35% sold at INR1,165 (US$19).
A mixed trend was witnessed in the poultry products market. Broiler rose by INR3 (US$0.05) to INR90 (US$1.45) a kilogramme, egg eased by INR0.07 (US$0.001) to INR3.93 (US$0.06), while chick was unchanged at INR25 (US$0.40).