Milk Powder At 7-Year High After Surprise Shortfall In Global Production
Milk powder is used to make milk, and it’s also a common ingredient in a variety of foods including baked goods, soups and processed items. Futures for nonfat dry milk reached 135 cents per 100 pounds, the highest since August 2014. A surprise shortfall in global milk production has international purchasers scouring for powder, the…
Animal husbandry needs a proper ecosystem with market linkages
Dairy and poultry need a proper ecosystem comprising reliable animal feed supplies and FPOs with market linkages The global animal feed market is undergoing marked changes that are likely to accelerate this decade. The pattern of global consumption is evolving towards higher share of animal products in diets. So, higher quantities of crops will be…
Hershey expands its plant based drinks brand Sofit to Almond milk
Plant-based foods and beverages are drawing consumer interest in various parts of the world as consumers switch to plant-based alternatives within meat and dairy products Local arm of American chocolate and confectionery manufacturer Hershey on Tuesday said it has expanded its portfolio of plant-based drink brand Sofit in India with the launch of Sofit…
Animal husbandry needs a proper ecosystem with market linkages
Dairy and poultry need a proper ecosystem comprising reliable animal feed supplies and FPOs with market linkages The global animal feed market is undergoing marked changes that are likely to accelerate this decade. The pattern of global consumption is evolving towards higher share of animal products in diets. So, higher quantities of crops will be…
Milk production increased and milk prices decreased in 2020: IFCN report
IFCN is a global network for dairy economic research and consultancy In 2021, researchers from over 100 countries and more than 140 agribusiness companies are members of the network. IFCN has created a better understanding of the dairy world for over 20 years. Key insights In spite of the global COVID-19 pandemic, the year 2020 was characterised by sustained…
Samuhik Pashudhan Bima Yojana discontinued, rearers anxious
Livestock rearers across the state are at the receiving end following the discontinuation of Samuhik Pashudhan Bima Yojana, which ensures compensation in the event of accidental death of cattle due to disease and other reasons. The scheme has been discontinued since April 1 and livestock rearers have been making rounds of the local office of…
Milk production increased and milk prices decreased in 2020: IFCN report
IFCN is a global network for dairy economic research and consultancy In 2021, researchers from over 100 countries and more than 140 agribusiness companies are members of the network. IFCN has created a better understanding of the dairy world for over 20 years. Key insights In spite of the global COVID-19 pandemic, the year 2020 was characterised by sustained…
India’s dairy farmers should shift to ethno-veterinary medicines
Some lifesaving solutions are so simple and obvious that they remain hidden in plain sight. This is particularly true for livestock disease treatments that have evolved over generations through experiences of communities, withstood the test of time, are embodied in local culture and practices and yet, the knowledge remains untapped in the absence of standardisation and…
Private players collects more milk in 8 of the top 12 States in India
Gujarat, Bihar and Karnataka are among the States where cooperative dairies collect more milk compared to private dairies Private players have a strong foothold in eight of the top 12 milk-producing States in the country that account for 88 per cent of the country’s milk production as of 2019-20, according to a study commissioned by…
Fixed GST at 18% imposed for ice cream in parlours or outside
The government said on Wednesday that ice cream is the same whether it is sold inside an ice-cream parlour or outside, and should attract the same rate of goods and services tax (GST). The government said a GST of 18% should be levied on ice cream even when they are sold inside a parlour. Earlier, ice…