November 6, 2008
India Feed Weekly: Feedmeal prices to decline (Week ended Nov 1, 2008)
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Price Summary
Soymeal rates this week were around Rs. 13,400 to Rs. 13,500 per tonne in Kota market and traded at the Delhi spot market on Saturday (November 01, 2008), around Rs. 15,200 to Rs. 15,400.
The rates of feed meals were: rapeseed extraction at Rs. 10,350, rice bran extraction at Rs. 6,400, karadi extraction Rs. 6,400, castor seeds extraction Rs. 5,150 and groundnut extractions Rs. 14,750; a little bit higher or stable as compared to last week's prices.

Corn from Uttar Pradesh was traded at Rs. 8,300 to Rs. 8,400 per tonne and remains stable in Delhi markets. Corn coming from Rajasthan was also traded between Rs. 8,800 to Rs. 9,000 per tonne.

Prices of Pearl Millet in Delhi were traded Rs. 300- 400 and settled at Rs. 7,200 to Rs. 7,400 per tonne respectively.

In Delhi, prices of Ground Nut Extraction (GNE) 40 % and 45 % which were stable for the last more than two months came down last week and traded at Rs. 17,000 and Rs. 18,000 per tonne respectively.

Price of Dry Fodder was stable in last six weeks. The Green Fodder prices show an upward trend.
Market Analysis
India could produce green fodder in 365 days
"These days scarcity of green fodder is seen every where in India as during this season, farmers have to depend on stored dry wheat fodder for their cattle as feed," said Dr. K.K.Singhal, head of Dairy Cattle Nutrition Department of National Dairy Research Institute (NDRI).
Dr. Singhal said that during two autumn months of November and December, total scarcity of green fodder is experienced.
However, from January onwards, green fodder of Oats and Berseem will start coming into the markets when there would be no shortage of green fodder. 
Dr. further said that awareness amongst farmers is required. "Already we have done a lot by giving presentations through print and electronic media, seminars and conferences on how to get green fodder during scarcity autumn months of November and December," he added. 
He further said that from wheat crop sown by the end of August till September, ample green fodder could be available during the scarcity period of November and December, by chopping off wheat crop 25 to 30 centimeters from the top without disturbing the wheat crop which would come up in multiples as well as solve the problem of green fodder up to certain extent without fail.
Those farmers, who sowed millet crop late, particularly in North India, are enjoying good quantity of green fodder even these days. Otherwise, majority parts of India as a whole are under the shortage of green fodder, he added. 
Ayurvet inaugurates farmers' day and exhibition
"The government needs to work closely with farmers on improving their socio-economic status while adopting new scientific techniques. While doing so, the role of women is very important and it should be given due importance," states Mr. M.P. Bansal, Managing Director, Haryana Women Development Corporation.
Mr. Bansal inaugurated the 'Ayurvet Kisan Diwas'(Ayurvet Farmer's Day) and 'Ayurvet Kisan Pradarshini' (Ayurvet Farmer's Exhibition) organized by Ayurvet Research Foundation (ARF) at its feed plant at Chidana in Sonipat district.
Besides the inauguration of Kisan Diwas, Mr. Bansal also opened the 'Ayurvet Farmers' Exhibition' for farmers.
During the exhibition, new dimensions of animal nutritions, testing of feed ingredients, Ayurvet hydroponics, improving reproductive efficiency in animals, Mastitis control, etc. were discussed.
More than 300 farmers including 80 to 90 accompanying women participated and attended this "Farmers' Day" and visited the "Farmers Exhibition."
Managing director of Ayurvet Limited and Trustee ARF, Mr. Mohan Ji Saxena suggested that agricultural practices and animal husbandry should be linked for improving farm profits.
Market Forecast
Increasing fresh arrivals of soy and higher output may further pressurize prices. Even GNE 40% & 45% prices will also come down this week due to extraction of new crop in the plants.
Corn from harvesting has picked up and increased arrival continues to pressure prices in the market.
Guar seed prices are steady to mildly firm at most of the centers in absence of fresh arrivals.
In the week ahead, fodder prices (dry and green) may remain stable or little bit on upward trend at this week's level.
US$1 = Rs. 47.605 (Nov 6, 2008)

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