Budget could have paid more attention to fodder
Budget 2023-24 has given a boost to the animal husbandry sector. The overall budget for animal husbandry has increased by around 40 per cent (over the 2022-23 Budget Estimate) for its outstanding contribution to the nation’s socio-economic development, particularly during to the recent pandemic shock. A significant part of the total allocation went to the…
Grand Startup conclave on Livestock and Dairy in Hyderabad
Under the aegis of Azadi Ka Amrut Mahotsav, The Department of Animal Husbandry & Dairying, Govt. of India organized a grand start-up Conclave today in order to promote the existing and emerging startups in the livestock, dairy and animal husbandry sectors at Marriott Convention Center, Hyderabad in close collaboration with the National Dairy Development Board, Startup India, CII and the Animal Husbandry…
Early signs of emerging stability in milk prices
Global SMP prices have corrected 35% YoY in Feb’23. Even after adjusting for benefits of INR depreciation, we believe the profitability in SMP exports is very weak. Lower SMP exports will likely reduce the mismatch between demand and supply of milk in India. Though the cattle feed prices are still in inflationary zone, we model…
Godrej Agrovet engages EY to boost margins of its dairy business
Godrej Agrovet Ltd has engaged the services of consultant, EY, to advise its subsidiary, Creamline Dairy Products, on how best to boost margins by streamlining its supply chain through direct procurement of milk, among other things. Bhupendra Suri, CEO, Creamline Dairy Products, told businessline that EY will be working with the management to suggest ways to bring more…
How Science Saved A Cow Breed Known For Sweet Milk
Dangi is a cattle breed native to the hilly areas of Maharashtra’s Nashik and Ahmednagar districts. The khoya made from its milk is so sweet that a popular Marathi saying goes: “You can be only as sweet as rajur (the word for khoya in Ahmednagar).” Yet, the breed might have become extinct without the efforts…
Grass to Glass”: How Chitale Dairy Brings Agility to Milk Production
What is more essential than milk? As the world’s largest producer and consumer of dairy products, India accounts for more than a fifth of global milk yield, producing more than 200 million metric tons a year. This prodigious output depends on hundreds of millions of cows, 80 million farmers, and more than 700 commercial and…
Dulquer Salmaan campaigns for ‘Smoodh’ in South Indian markets
Parle Agro has launched Smoodh Fruit Smoothies under their dairy brand, Smoodh. Parle Agro has signed Dulquer Salmaan as the brand ambassador of ‘Smoodh’ for the southern markets of India. He has joined Varun Dhawan who is the face of the brand nationally. Dulquer Salmaan has made his debut for Smoodh in a TVC for…
Yogi’s budget has Rs 86.95 cr for reviving the existing milk unions
Tabling the UP Budget 2023-24 in the state legislative assembly, Uttar Pradesh Finance Minister Suresh Kumar Khanna on Wednesday proposed an allocation of Rs 100 crore for the financial strengthening of District Central Cooperative Banks. Besides, Rs 175 crore has been proposed for the advanced storage of chemical fertilizers. The loan worth of Rs 7,556…
World Dairy Innovation Awards 2021
FoodBev Media, in association with Zenith Global, presents the 2021 World Dairy Innovation Awards. Together we are once again celebrating excellence and innovation across every part of the global dairy industry. This year’s judging panel considered 222 entries from 25 countries across our 20 categories! Join us for the next 20 minutes to find out…
Fonterra cuts milk price forecast as demand from China slackens
Fonterra has reduced and narrowed its 2022/23 season forecast to $8.20 – $8.80 per kg of milksolids, with a midpoint of $8.50, due to softer demand out of China. The previous forecast was in a range of $8.50 – $9.50 per kgMS, with a midpoint of $9.00. The co-op has also cut its forecast milk…