Tuesday, October 11, 2011

India broiler prices rising on short supplies

India's live broiler prices have reached Rs 53 (US$1.08) per kilogram, up from last week's Rs 47 (US$0.96) per kilogram, on short supplies after experiencing a lull due to seasonal uncertainties, according to reports.
Prices of layers and eggs have remained steady at Rs 40 (US$0.81) per kilogram and Rs 2.61 (US$0.05) each, respectively. “Broiler prices declined [in September] because of the austere/festive season resulting in poor offtake," said an industry source. "Most of the poultry farms were running in half their capacity; and due to shortage of birds, prices are likely to go up gradually.” Poultry feed prices have remained stable, at Rs 19,600 (US$398.86) per metric ton.

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