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Costlier Ingredients Likely to Raise Poultry Feed Prices

by 5m Editor
28 June 2012, at 7:14am

INDIA - With the prices of soyameal and other key ingredients rising in view of monsoon playing truant, prices of poultry feed products may become dearer in the coming weeks.

Prices of soyameal and other key ingredients have improved over the last one week unexpectedly, said Mr Subhash Sharma, Financial Head, Sarvottam Poultry Feed Supply Centre Pvt Ltd.

According to The Hindu Business Line, he said prices of soyameal are likely to increase further, while maize and bajra may remain range-bound.

As a result, prices of poultry feed products may witness some hike in the first week of July, said Mr Sharma.

On Wednesday, soyameal prices increased by Rs 260 and quoted at around Rs 3,300 a quintal.

Similarly, maize prices went up by Rs 10 to Rs 1,060 a quintal. Bajra increased by Rs 25 and settled at Rs 1,010 a quintal.

On the other hand, DCP was at Rs 35 a kg, Re 1 below the previous level, and fish oil quoted at Rs 82 a litre, also down by Re 1.Prices of poultry feed products remained unchanged.

Broiler concentrates feed quoted at Rs 1,560, while broiler starter mash at Rs 1,240 for a 50-kg bag.

Broiler pre-starter concentrate sold at Rs 1,370 for a 30-kg bag, while layer concentrate at Rs 1,200 for a 50-kg bag.

Pre-lay mash quoted at Rs 800, while broiler finisher sold at Rs 1,220 for a 50-kg bag.

Meanwhile, a big fall in production coupled with good domestic demand, pushed up egg, chick and broiler prices further.

Broiler quoted at Rs 120 a kg against Rs 105 last week. The price of an egg was up by 24 paise to Rs 3.10, while that of a chick went up by Rs 2 to Rs 17-18.