
Wheat and paddy yield not just grain for human consumption. These — and other foodgrain, oilseeds, sugarcane and cotton — are also grown for meeting the fodder and feed needs of livestock and poultry. Not for nothing, then, that a poor wheat crop this year has led to straw prices doubling, and more, to Rs 10-15 per kg. The official wholesale price index for fodder in August was 25.5 per cent higher than a year ago. But it isn’t only dry fodder. Over the last one year, prices of de-oiled bran (a by-product of paddy milling) have doubled to Rs 20 per kg, while going up from Rs 22-23 to Rs 29-30 for rice polish and from Rs 20 to Rs 25/kg for maize. Their price increases — and also of molasses and protein ingredients such as mustard, soyabean and cottonseed oil cakes — have meant that farmers are paying around Rs 23 per kg for cattle-feed, against Rs 17-18 last year. And that’s ultimately getting passed on to consumers.
Those price pressures should, hopefully, ease in the coming weeks for two reasons. The first is the surplus monsoon rains, which should translate into overall improved green fodder availability. The second is the start of the kharif marketing season. Ground reports suggest reasonably normal soyabean, cotton and groundnut crops. Prices of cottonseed extractions have already fallen to Rs 30-31/kg, having crossed Rs 45 levels last year. Sugar factories and rice mills, too, will begin operations with the harvesting of the new cane and paddy crops. A third source of hope is the late-September rains, which are good for the wheat, mustard and other rabi crops. In all, the fodder and feed situation should look better from here on.