If monsoon is good, it should be good for all agri businesses: Nadir Godrej, Godrej Agrovet

economictimes.indiatimes.com:

Nadir Godrej, Chairman, Godrej Agrovet, says outlook for the “cattle feed as well as aquafeed segments are good. We have a lot of premium cattle feed products now. We have done a lot of R&D in cattle feed, which is showing good results. Our products are being well received. They are more efficient products. So, with less feed, you get better milk yield and therefore they are more sustainable products also because you can produce milk with lower carbon emissions.”

Let us begin by talking about palm oil prices. In the last month, there has been 11% rise. What is your outlook as to where prices could potentially be headed?
Nadir Godrej: Palm oil prices had risen quite a lot. They were expected to rise because they were quite low and there was a lot of demand and high production of other oils such as soybean oil and sunflower oil. But now the palm oil prices have reached the level expected and we do not really expect any further big increase. Of course, there will be small fluctuations, but generally speaking we expect fairly steady prices for quite some time.

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You have also been reporting double-digit sales volumes in cattle feed as well as aquafeed segments over the last few quarters. What is the outlook now going forward in terms of CAGR growth?
Nadir Godrej: Outlook for