Dairy farmers urge CM Stalin to enhance subsidy for cattle feed
Dairy farmers, who have been seeking a hike in procurement prices, have urged Chief Minister M.K. Stalin to announce an increase in subsidy for concentrate cattle feed. “Since most of the cows in the State are cross-bred with jersey cattle, they need this feed and farmers are unable to buy it as it is costly….
Data-Driven Decision is Important for Empowering Dairy Farmers
Remember a time when decisions were determined with respect to the references from tangible numbers within a ledger? From maintaining sheets and records manually to digitalized data, the journey has been arduous but rewarding. Data has always been an incredibly valuable resource, and its importance cannot be overstated. Data generation and collection in the modern…
USDA Announces Milk Loss Assistance for Dairy Operations
The U.S Department of Agriculture (USDA) has announced Milk Loss Program (MLP) assistance for eligible dairy operations for milk that was dumped or removed, without compensation, from the commercial milk market due to qualifying weather events and the consequences of those weather events that inhibited delivery or storage of milk (e.g., power outages, impassable roads,…
Frictionless credit initiative slashes operational costs for lenders
The pilot has been extended to four more states — Maharashtra, Uttar Pradesh, Karnataka, Gujarat (for dairy farmers) from August 17 this year The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent, while for borrowers the saving is 6 per…
Decoding the potential of dairy technology in J&K
The development of the Dairy sector in India and the outstanding role dairy cooperatives has played since the start of Operation Flood are fundamental to the incredible growth story of the nation after Independence. India produces 23% of the world’s milk now, making it the largest producer in the world. The development of the rural…
China’s Milk Industry Is Staring at New Cost Crisis
China’s raw milk producers are facing a new cost crisis as feed prices start to rise again, after the recent milk surplus began to abate thanks to cow herds shrinking and dairies stockpiling before the Mid-Autumn Festival at the end of next month. The price of soybean meal, which is used as animal feed, jumped…
Calculating the breakeven milk price-Teagasc Ireland
In any downturn on milk price, some farms may experience cash flow difficulties. In this article, Patrick Gowing explains why it is important for each farm to establish the impact of low milk prices on their farm. A simple tool that can be used is calculating the farms breakeven point. This will help identify at…
Calculating the breakeven milk price-Teagasc Ireland
In any downturn on milk price, some farms may experience cash flow difficulties. In this article, Patrick Gowing explains why it is important for each farm to establish the impact of low milk prices on their farm. A simple tool that can be used is calculating the farms breakeven point. This will help identify at…
10% of UK dairy producers “likely to stop producing milk” by 2025
Almost 10% of UK dairy producers say they are likely to stop producing milk by 2025, with smaller producers being the most impacted by the current market, according to an NFU survey. The NFU’s 2023 Dairy Intentions Survey of almost 600 UK dairy farmers revealed that insufficient returns, volatile markets and the scale of on-farm…
The whiter evolution: How digitalisation can help D2C brands
The Indian economy, helped by the government’s push on digitalisation and aided by a strong internet penetration across the country, is on a strong upswing. A report by Redseer states that Indian e-commerce could grow at a CAGR of 27 per cent to reach $163 billion by 2026, which is thrice the growth of the…