Happy Shivratri ! Amul increases milk prices by Rs 2 per liter
The Gujarat Cooperative Milk Marketing Federation (GCMMF) has increased the price of milk by Rs 2 per litre in all markets across India. The new prices will be effective from Tuesday. This is the second time this fiscal that the price of milk is being hiked. In June 2021, GCMMF raised the price by Rs…
Solar-powered milking machines: Sunny side to dairy products
Cattle form an integral, sacred bond with the Indian farmer. Apart from their role in tilling the soil, bovines also provide milk as a source of both sustenance and income. Considering that dairy farming constitutes an important aspect of the country’s agro-oriented economy, a lot of time and energy goes into milking cows and buffaloes,…
J&K’s milky way: Tapping dairy farming potential in the valley
Livestock is emerging as an important sector in the socio-economic development of Jammu and Kashmir. With almost 80 per cent of the Union Territory population residing in rural areas, about 60 per cent of total revenue is generated by the agriculture and animal husbandry sector. As such, dairying has the potential to become an additional…
Tiruchi Aavin looks to tap demand for milk powder in North Indian markets
The Tiruchi District Milk Producers’ Cooperative Union, which is marketing its dairy products under Aavin, plans to tap the North Indian market to sell its skimmed milk powder (SMP). The union produces SMP at the plants owned by the Tamil Nadu Milk Producers’ Federation in Erode and Krishnagiri. The Tiruchi Aavin sends surplus milk after…
Powdered Baby Formulas Recalled After Hospitalizations and 1 Death
Abbott Laboratories has initiated a voluntary recall of select powder baby formulas, including Similac, Alimentum, and EleCare manufactured in Sturgis, Michigan, following three reports of Cronobacter sakazakii infections and one report of Salmonella Newport infection in infants. All four babies became seriously ill and had to be hospitalized, and health authorities believe Cronobacter may have contributed to the death of one…
Vijaya Dairy hike farmer’s prices to 41.64 for buff and 32.64 for cow milk
Telangana Vijaya Dairy has increased the prices of milk being procured from dairy farmers by Rs 4.68 per litre for buffallo milk and Rs 2.88 per litre for cow milk. As per directions of Chief Minister K Chandrashekhar Rao, the revised prices will come into force with retrospective effect from February 16. Accordingly, the buffallo…
Rs 5 per liter of subsidy on milk to dairy farmers in Rajasthan
Rajasthan Chief MinisterAshok Gehlotpresented the annual budget for the financial year 2022-23 in the state assembly on Wednesday. This is the fourth annual budget of the current government. Chief Minister Gehlot also holds the finance department. The Chief Minister laid the budget (income-expenditure estimate year 2022-23) on the table of the House at 11 am…
Global Dairy Trade acquired by Fonterra, NXZ and EEX
The Global Dairy Trade, an auction platform that facilitates the trading of dairy derivatives, has been acquired through an equal partnership between New Zealand-based dairy co-op Fonterra, New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX). Each party will take equal ownership of the platform and the partnership is expected to be completed by the middle of the year should…
Dairy excluded in India-UAE FTA to protect the domestic industry
The trade deal between India and the United Arab Emirates (UAE) has mandated stringent rules of origin conditions, with 40 per cent value addition required on exporting items to avoid routing of products manufactured in third countries to India via UAE. In any Free Trade Agreement (FTA), the rules of origin determine the criteria for which…
Milk prices have started inching upwards as flush season culminates
Prompted by rising milk procurement prices, private dairy companies as well as co-operatives have been making moderate price hikes, according to a report by brokerage ICICI Securities. “While the co-operatives had raised prices in Q3FY22, the dairy companies had deferred the price hikes. We note the private dairy companies have also raised selling prices by ₹2…