August 26, 2013

Prices for India's poultry feed products may increase, following continuous uptrend in the prices of key ingredients in the last few days.

Aditya Mishra, a commodity expert, said that poultry feed prices stayed unchanged this week despite an uptrend in the prices of a few of its key ingredients.

Although a few feed millers have increased prices, a majority of the players have yet to do so, he said. According to market experts, prices may increase by US$12.60-US$15.80 for a tonne. In the physical market, soymeal moved further up by US$27/tonne to 562/tonne. Bajra improved further by US$0.47/100kg - US$22/100kg, while di-calcium phosphate eased by US$0.002/kg to US$0.53/kg.

MBM dropped to US$0.005 at US$0.52/kg, while corn moved up by US$0.79 to US$24/100kg - US$24.60/100kg. Mustard de-oiled cake remained unchanged and sold at US$224/tonne, defatted rice bran (DRB) dropped US$3.16/kg to US$174/tonne while rice bran oil was at US$0.85/kilogramme.

Feed prices have been ruling unchanged since the beginning of this month. However, following the rising cost of production, feed prices may increase within a couple of days, said Mishra. Broiler concentrate feed quoted at US$31.10 for a 50kg bag while broiler starter mash sold at US$23.40 for a 50kg bag. Pre-lay mash sold at US$16 for a 50kg bag, while layer grower mash quoted at US$15 for a 50kg bag.

Layer concentrate of 25% sold at US$23 for a 50kg bag while layer concentrate of 35% was at US$18 for a 50kg bag. Broiler finisher sold at US$23 for a 50kg bag.

A mixed trend was witnessed in the poultry products market. Broilers improved by US$0.06 and quoted at US$1.42/kg to US$1.48/kg, while eggs eased by US$0.002 and sold at US$0.05. Chicks went for US$0.36, remaining unchanged.