Falling soyameal drags poultry feed

Our Correspondent Updated - November 17, 2017 at 04:57 PM.

BL18_COM2_FEED_

Despite too much fluctuation in prices of its key ingredients, prices of poultry feed went marginally down by Rs 30-40 for a 30-kg and 50-kg bag.

A fall in soyameal mainly led feed prices down, said Aditya Mishra, a market expert. After witnessing some recovery last week, soyameal eased by Rs 380 and quoted at Rs 2,870 a quintal on Wednesday. Arrivals of new crop and stocks offloaded by stockists in the market pulled soyameal prices down, he said. The industry is likely to witness some good buying in the near future, he said.

Bajra eased further by Rs 15 and sold at Rs 1,135; maize ruled at Rs 1,425, Rs 105 up from previous level. DCP went up by Re 1 and went for Rs 35 a kg, while fish oil increased by Rs 10 and quoted at Rs 82 a litre. Some good demand pushed maize, DCP and fish oil upwards, said market sources.

Feed Prices: After ruling flat for almost 10 days, prices of poultry feed products decreased by Rs 30-40 for a 30-kg and 50-kg bag.

Prices of broiler concentrate feed and broiler starter mash went down by Rs 40 each and quoted at Rs 1,860 and Rs 1,440 for a 50-kg bag, respectively. “Broiler pre-starter concentrate 30 per cent” eased by Rs 40 and sold at Rs 1,600 for a 30-kg bag while layer concentrate quoted at Rs 1,400 for a 50-kg bag, Rs 30 down from previous level. Prices of Pre-lay mash and broiler finisher decreased by Rs 40 each and quoted at Rs 980 and Rs 1,380 for a 50-kg bag, respectively.

Poultry Products: Meanwhile, reduced offtake pulled egg and broiler down, on Wednesday. Egg went down by 16 paise at Rs 3.06 while broiler eased by Rs 10 and quoted at Rs 64-65 a kg; chick improved by Rs 3 to Rs 20-21.

Published on October 17, 2012 15:16