With the prices of soyameal and other key ingredients rising, prices of poultry feed products may become dearer by the end of this week.
Lower supply and concern over crop output may led poultry feed products further up by at-least Rs 100 for a 30 kg and 50 kg bag by the end of this week, said Mr Subhash Sharma, Financial Head, Sarvottam Poultry Feed Supply Centre Pvt Ltd. Delay in sowing because of low rainfall has pushed the soya prices upwards. Sowing has got delayed by almost by one month he added.
Soyameal has rallied and prices have increased by Rs 1,100-1,150 a quintal over the last one month. Market experts expect that it may touch the Rs 5,000 mark in coming weeks, said Mr Subhash. On Wednesday, soyameal prices increased by Rs 400 and quoted at around Rs 4,300 a quintal. Similarly, maize prices went up by Rs 80 to Rs 1,350 a quintal.
Bajra increased by Rs 90 and settled at Rs 1,200 a quintal, DCP went up by Rs 5 and quoted at Rs 41 a kg, while fish oil sold at Rs 85 a litre, Rs 3 up from previous level.
Poultry feed products
After a price rise last week, prices of poultry feed products have been kept unchanged since then. Broiler concentrates feed quoted at Rs 1,830 for a 50kg bag.
Broiler Starter Mash sold at Rs 1,350 for a 50 kg bag.
“Broiler Pre-Starter Concentrate 30 per cent” sold at Rs 1,540 for a 30 kg bag, while layer concentrate cost Rs 1,390 for a 50 kg bag.
Pre-lay mash quoted at Rs 900 while broiler finisher sold at Rs 1,330 for a 50 kg bag.
Meanwhile, slack demand pulled egg, broiler and chick prices further down, on Wednesday. Broiler quoted at Rs 85-90 a kg against Rs 95 last week.
The price of an egg went down by 11 paise and cost at Rs 2.54, while chick went down by Rs 7 and sold at Rs 15.