Following too much volatility in the prices of its key ingredients, prices of poultry feed remained unchanged on Wednesday.
It is hard to anticipate the movement of market as there is too much fluctuation in the prices of the key ingredients of poultry feed, said market sources.
Soyameal prices have recovered marginally which was unexpected as the industry is expecting a bumper soyabean crop this season, said sources.
According to the reports, production is expected to rise by 9 per cent to 12.68 million tonnes (mt) this kharif season.
After witnessing a big fall last week, soyameal recovered by Rs 200 and quoted at Rs 3,200-3,250 a quintal on Wednesday. Bajra eased by Rs 20 and sold at Rs 1,150; maize at Rs 1,320, Rs 30 down from previous level.
DCP went for Rs 34 a kg, while fish oil eased to Rs 72 a litre.
Feed Prices
After witnessing a fall last week, prices of poultry feed products remained unchanged.
Broiler concentrates feed quoted at Rs 1,900 for a 50-kg bag while Broiler Starter Mash was at Rs 1,440.
“Broiler Pre-Starter Concentrate 30 per cent” sold at Rs 1,640 for a 30-kg bag, while layer concentrate cost Rs 1,420 for a 50-kg bag.
Pre-lay mash quoted at Rs 1,020 while broiler finisher sold at Rs 1,420 for a 50-kg bag.
Poultry Products
Meanwhile, egg and broiler prices improved marginally on Wednesday.
Egg went up by 5 paise and sold at Rs 3.22.
After ruling flat for almost three weeks, broiler went up by Rs 5 and quoted at Rs 75-77 a kg, while chick went for Rs 17-18.