Castor Oil and Meal Prices – Feb 1 – 5, 2016

CastorOil.in brings you the weekly report of castor oil and meal prices at Bombay Commodities Exchange.

Check out the table and the graphical data.

Date Castor commercial oil Prices US$/MT Castor Meal US$/MT
1 Feb 2016 948
2 Feb 2016 970 70
3 Feb 2016 977 70
4 Feb 2016 984 70
5 Feb 2016 977 70

 

castor oil and meal prices - feb 1 to 5, 2016

Source

Productive and Metabolic Parameters in Lambs Fed Diets with Castor Seed Meal

Scientists from Brazil conducted an experiment to evaluate the replacing levels of soybean meal with castor seed meal in diets for lambs on the productive and metabolic parameters. The lambs were fed with varying concentrations Castor seed mealof castor seed meal replacing soybean meal. The experimental setup was completely randomized with five treatments and ten replicates.

The experimental results showed that despite the decreased intake, nutrient digestibility and nitrogen balance, castor seed meal could replace 50% of soybean meal without changing the lamb’s blood parameters or performance.

Source

Castor Meal to Replace Soybean Meal as Lamb Feed

Researchers at Brazil conducted a study to understand the effect of replacement of soybean meal by wet or dry castor bean meal in diets of feedlot lambs. They assessed animal performance, carcass traits, intake, digestibility and hepatic function.

Control animals were fed with soybean meal while lambs for test were casfed with dry or wet castor meal treated with calcium hydroxide for 70 days. Lambs were slaughtered and evaluated at the end of 70 days. Dry matter intake and digestibility, final body weight, average daily gain and carcass weights were not affected by the substitution of soybean meal by castor source.

Serum levels of aspartate aminotransferase and alanine aminotransferase enzymes did not differ among treatments indicating no effect of treated CM on hepatic function.

The results show that the castor meal can completely replace soybean meal in the diet of finishing lambs without negative impacts.

Source

Increase in Freight Rate Will Make the Castor De-oiled Cake Production Unviable?

In India, the ministry under Mamata Banerjee has re-classified de-oiled cakes and oil meals from Class 110 to Class 120, effective December 27,2010 which will entail a freight rate increase between 11 and 13 per cent. Since oil cake and meals are used effectively as high nutrient bird and animal feeds, the rise in raw material prices will be passed on to consumers.

Solvent Extractors Association (SEA), in a memorandum to the railways minister and chairman of the Railway Board as well as secretary, Ministry of Agriculture, Commerce, Animal Husbandry and Finance, highlighted that de-oiled cakes were locally produced, traded and occasionally exported on wafer-thin margins. This increase in freight rate would make the production of de-oiled cakes unviable thereby forcing many processing plants to decrease their production and thereafter leading to
shutdown.
De-oiled cakes end-use is in manufacture of compound feeds for cattle, poultry and aqua and also as natural fertilisers and hence such a large increase in freight would place great constraint on the viability of dairy and food industry as well as on the farmers. Also, exports of de-oiled cakes, which face stiff international competition from giants in the US and South America, will be adversely affected. In fact, to compete in the international market, the government has granted a 2 per cent incentive under the Focus Product Scheme for exports of some de-oiled cakes and 5 per cent under Vishesh Krishi Gram Upaj Yojana for castor de-oiled cake. The hike in freight will totally nullify the benefit granted to the exporters of de-oiled cakes and would place them at a great disadvantage.