Dodla Dairies looking at expanding into new geographies
Watch Mr Sunil Reddy Dodla sharing his growth plans in Eastern African block along with valuable insights on current dairy scenario and future dairy outlook in FY 24. https://youtu.be/5gkycYbHtew Source : CNBC TV 18 Youtube Channel Jan 24th 2023
End of Covid zero policy in China may lift the dairy prices in future
Dairy prices have started 2023 on a soft note, However, analysts are banking on China ending its Covid-zero policy to lift prices in the coming months. Westpac’s senior agri economist Nathan Penny says the bank is sticking to its forecast milk price of $8.75/kgMS for this season. “Prices in late 2022 had been weaker than…
‘Dairy-Based’ Alternative Meats Could Become a Reality
While plant-based alternative meats have earned a spot on grocery store shelves, they haven’t won over consumers’ hearts just yet. According to Purdue economist Jayson Lusk, high price points and inflation have caused markets to plummet, with sales down 20% from November 2021 to November 2022. “Some of what drove the growth initially was the…
Online Open Course on dairy farming by NDRI Karnal for all
It give us immense pleasure in informing you all that ICAR-National Dairy Research Institute, Karnal is going to introduce Massive Online Open Course (MOOC) in Commercial Dairy Farming from 1st February 2023 in collaboration with ICAR-National Academy of Agricultural Research Management (NAARM), Hyderabad. It is a two month online course open to all. It’s registration…
How Hatsun Agro is growing byte-by-byte
Hatsun Agro Product Ltd has an asset that you can never find in its balance sheet, nor does it find a mention in any of its annual reports. The company has just begun to use it. “Data is Hatsun’s hidden asset,” says R G Chandramogan, Chairman of the ₹6,500-crore dairy products company, the biggest in…
Transporters’ strike on, Bengalureans’ milk supply hit
Mounting woes for Bengalureans, milk supply was disrupted in the city as transporters continued their strike in front of Karnataka Milk Federation offices across the city on Sunday. The strike, headed by the Federation of Karnataka State Lorry Owners and Agents’ Association, was launched over growing demand by transporters to revise costs and a new…
Goa Dairy hikes rates of milk & milk products
Goa Dairy has hiked its milk Prices by Rs 3 to Rs 4 per liter for various variants from Saturday, however consumers said the hike is exorbitant and demanded to reduce prices. Goa Dairy Chairman was unavailable for his comment despite repeated calls. The standardised milk rates has been hiked from Rs 54 to Rs…
The good cooperative
Companies are investor-owned entities that exist primarily to maximize their return on capital. This is reflected in the value of their shares, whether traded on an exchange or not. The investor-owner ultimately seeks capital appreciation and the highest possible price for the shares he wishes to sell or pledge to raise further funds. Cooperatives, on…
Complexity of Measuring and reducing emissions in dairy industry Bydairynew
Despite differences in farming systems, the carbon footprint of dairy products is similar among the major exporting regions, and most greenhouse gas (GHG) emissions originate on the farm in the form of methane, according to a new report from Rabobank, outlining some of the reduction strategies available, including those left untapped. ON-FARM EMISSIONS At the…
Saudi dairy Almarai’s net profit increases to $453m in 22
Saudi dairy giant, Almarai, recorded a 12.5 percent increase in net profit to SR1.7 billion ($453 million) in 2022, compared to SR1.5 billion recorded the previous year, driven by bakery and dairy segments. The Tadawul-listed firm saw its revenue rise by 18 percent to hit SR18.7 billion in 2022 from SR15.8 billion in 2021. The company’s revenue increase was mainly driven by its bakery segment, which was…