January 8, 2014

India's poultry feed prices are set to fall within the next couple of days, following a downtrend in the prices of key inputs over the last few days.

Commodity expert Aditya Mishra said that following a continuous fall in cost of production, prices of pre-starter mash and finisher products may drop by INR600-800 (US$9.64-12.86) a tonne, respectively. However, concentrate feed may remain unchanged currently, he said. Prices of soymeal, dry-rolled barley (DRB) and bajra dropped further this week.

In the physical market, soymeal dropped by INR150 (US$2.41) to INR34,000 (US$546) a tonne, while bajra dropped by INR150 (US$2.41) to INR13,250 (US$213) a quintal.

Di-calcium phosphate moved down by INR0.05 (US$0.0008) to INR34.70 (US$0.56) a kilogramme (kg), while corn moved up by INR40 (US$0.64) to INR1,490 (US$24) a quintal. DRB dropped by INR100 (US$1.61) to INR7,300 (US$117), rice bran oil eased by INR2 (US$0.03) to INR53 (US$85) a kg, meat and bone meal (MBM) was at INR39 (US$0.63) and mustard de-oiled cake ruled unchanged at INR14,700 (US$236) a tonne.

Broiler concentrate quoted at INR2,010 (US$32) for a 50-kg bag and broiler starter mash at INR1,550 (US$25) for a 50 kg bag. Pre-lay mash sold at INR1,040 (US$17) for a 50-kg bag. "Layer concentrate 25%" was at INR1,480 (US$24) for a 50-kg bag while "layer concentrate 35%" sold at INR1,165 (US$19) for a 50-kg bag.