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Poultry Feed Prices Likely to Remain Static

by 5m Editor
31 May 2012, at 7:05am

HARYANA, INDIA - Prices of poultry feed products are likely to remain unchanged until the soyameal market stabilises.

According to The Hindu Business Line, Mr Subhash Sharma, Financial Head, Sarvottam Poultry Feed Supply Centre Pvt Ltd, said that prices of feed products were slashed recently and is unlikely to see any major alteration in the near future.

“We are waiting for soyameal prices to stabilise,” he said.

Prices have been kept at previous levels despite soyameal prices dropping in the last few days. Soyameal prices decreased by Rs 200 a quintal and is currently quoted at Rs 3,100 a quintal.

On the other hand, other key ingredients of poultry feed products are maintaining their previous levels after dropping continuously fall in the recent past. Maize is being quoted at Rs 1,170 a quintal. Bajra is ruling at Rs 1,080 a quintal and fish oil at Rs 68 a litre, while DCP is quoting at Rs 37-38 a kg.

Broiler concentrates feed was quoted at Rs 1,580, while broiler starter mash at Rs 1,260 for a 50kg bag.

Broiler pre-starter concentrate 30 per cent was sold at Rs 1,390 for a 30-kg bag, while layer concentrate at Rs 1,210 for a 50kg bag.

Pre-lay mash quoted at Rs 815, while broiler finisher was sold at Rs 1,240 for a 50-kg bag.

Meanwhile, a fall in production, coupled with domestic demand, has pushed up egg, chick and broiler prices. On Wednesday, broiler was quoted at Rs 85-90 a kg against the levels of Rs 70-75 last week. The price of an egg increased by 12 paise to Rs 2.54, while that of a chick was Rs 2 up at Rs 12.

The uptrend is as anticipated since production drops in summer, said Mr Vinod Kumar, the owner of a poultry Farm. Demand from within and other States is good and prices are likely to rule around the current levels for the next few days, he said.