Feed prices to rule steady on volatility

Our Correpondent Updated - November 21, 2017 at 06:58 PM.

Feed prices to rule steady in coming days, said market experts. Following too much volatility in the prices of its key ingredients, prices of poultry feed remained unchanged.

Aditya Mishra, a commodity expert, told Business Line that after witnessing a fall earlier this week, feed prices has been ruling unchanged since then. Demand for feed products is also sluggish at present and market may continue to rule around current levels for the next few days, he added.

After ruling flat earlier this week, soya-meal dropped by Rs 140 and sold at Rs 36,000 a tonne. Bajra went down by Rs 20 to Rs 1,450 a quintal, DCP was at 35 a kg, MBM eased by Rs 1.5 and quoted at Rs 38.5 a kg while maize improved by Rs 10 at Rs 1,330. Mustard de-oiled Cake went up by Rs 200 and sold at Rs 14,900 a tonne, DRB sold at Rs 9,000 a tonne while rice bran oil ruled at 49 a kg, remained unchanged.

Feed products

Feed prices remained unchanged after witnessing a fall in the recent past. Pre-lay mash sold at Rs 1,020 for a 50-kg bag, while layer grower mash quoted at Rs 960 for a 50-kg bag.

“Layer concentrate 25 per cent” was sold at Rs 1,445;layer concentrate 35 per cent went for Rs 1,130. Broiler concentrate quoted at Rs 1,980 while broiler starter mash was at Rs 1,500.

Poultry Products

Meanwhile, slack demand pulled egg and broiler down while chick remained unchanged on Saturday. Egg went down by 2 paisa and sold at Rs 2.18. Broiler eased by Rs 5 and quoted at Rs 78 a kg, while Chick went for Rs 18, remained unchanged.

Published on May 19, 2013 15:59