Animal Feed Price: The people of the city were worried about the ever-increasing milk prices, but do you know that the prices of milch animal fodder this year are at the highest level in the last 9 years. This is also the reason behind the increasing inflation of milk. In fact, there has been a continuous increase in the prices of animal feed and animal fodder, due to which the cost of dairy farmers and cattle herders has increased. In this case, The Indian Express report has also told that in August this year itself, the inflation of animal feed broke the record of 9 years, in August the prices were on the growth of 25.54 percent, but till November this figure of increase in prices And has increased to reach 27.66 percent. Due to this, both the expenses and worries of the rural families rearing cattle are increasing, because animal fodder is not fed only for good milk production. It is also essential for the health of the animal, but the increasing inflation in the last few months has now increased the concern of animal care.
Ministry of Commerce also released the figure
According to the report of The Indian Express, on Wednesday, the Ministry of Commerce and Industry has released the data of Wholesale Price Index (WPI), in which the index value of animal feed has been recorded at 225.7 in November, while last year this index was Value 176.8 was recorded.
In this way, it is clear from the figures that within a year, the inflation of fodder has increased by 28 percent. Not only animal feed has become expensive here, but a jump has also been seen in the prices of animal feed and poultry feed.
News Reels
Statistics of the Ministry of Commerce have shown that the prices of ready-made feed or grains for animals have also increased. Last year the inflation rate of animal feed was recorded at 14.86%, while this year the inflation figure has increased to 3.38% in October and 7.76% in November.
How expensive animal feed has become
The Wholesale Price Index (WPI) report lists 5 categories of animal feed or feed, including pellets and similar animal feed, rice bran, soybean cake, cottonseed cake and mustard oil cake. In this, the highest inflation has been recorded in rice bran, the price of which has increased by 36.28%.
After this, a jump has been seen in the prices of shell and cotton cake. It has been told in the reports that this inflation of animal feed and grains has also left behind the record of the year 2013, when the inflation was recorded at 29.70. Overall, the prices of other food items have come down, but the prices of animal fodder and food grains are skyrocketing.
It is being told that this year’s wholesale inflation is at the lowest level of 21 months, but in the case of animal fodder and grains, the calculation is going on exactly the opposite. Here since December 2021, the prices of animal feed and grains are increasing and for the last 10 months the prices are increasing by around 20%.
why cattle feed became expensive
For information, let us tell you that on December 13, the issue of cattle feed inflation was also raised in the Lok Sabha, on which Union Animal Husbandry Minister Parshottam Rupala had told that there is still a shortage of cattle feed in the country, due to which the price has increased. are increasing.
The Union Animal Husbandry Minister informed that ICAR-Indian Grassland and Feed Research Institute (IGFRI), Jhansi has estimated that there is a shortage of 11.24% of green fodder, 23.4% of dry fodder and 28.9% of concentrate in the country. Fifth note of musical scale
The Shupalan Minister told that there is no fodder crisis in the country, but due to the shortage of fodder, the prices are a bit high. To solve this, the Ministry of Agriculture and Farmers Welfare has also approved the National Dairy Development Board to make 100 fodder-oriented FPOs under the fodder plus model.
Disclaimer: Some of the information given in the news is based on media reports. Farmer brothers, before implementing any suggestion, do consult the concerned expert.