Prices up across the board in latest Global Dairy Trade auction
The gamble to drop 1000MT of whole milk powder (WMP) out of last night’s Global Dairy Trade auction has paid off for dairy giant Fonterra. Prices across the board rose 2.0 per cent, led by a 3.7 per cent gain in WMP, which averaged US$3733/MT. However, despite the lift, the product is sitting more than…
Fearing Milk Supply Disruption, People Resort To Panic Buying
Long queues were witnessed at milk parlours all over the city on Tuesday evening as the news of disruption of milk supply by maldharis spread. Thanks to the panic buying, most milk parlours put up the sign of “no milk” by late evening. The cattle owners or maldharis, who are on agitation demanding withdrawal of…
Fearing Milk Supply Disruption, People Resort To Panic Buying
Long queues were witnessed at milk parlours all over the city on Tuesday evening as the news of disruption of milk supply by maldharis spread. Thanks to the panic buying, most milk parlours put up the sign of “no milk” by late evening. The cattle owners or maldharis, who are on agitation demanding withdrawal of…
Mother Dairy expects 20% revenue growth in FY23 to Rs 15,000 crore
Delhi-NCR’s leading milk supplier Mother Dairy is expecting 20 per cent growth in turnover this fiscal year to about Rs 15,000 crore on better demand for products, its MD Manish Bandlish said. The turnover of Mother Dairy, which also sells edible oils and fruits & vegetables, stood at Rs 12,500 crore in last fiscal year….
India is the future of global dairy: IDF President
India is the future of the global dairy industry and it has a huge potential to increase milk output, Piercristiano Brazzale, President of International Dairy Federation (IDF), has said. He credited India’s small farmer-led cooperative dairy model for its leadership position. Brazzale was in India for IDF’s four-day World Dairy Summit organised in Greater Noida…
The lumpy skin disease -banning cattle transport to Mumbai
The Mumbai Police have ordered the prohibition of cattle transportation in the city to prevent the spread of the lumpy skin disease (LSD). The order came into force on September 14 and will stay in place till October 13. The disease has killed 127 cattle in Maharashtra, having spread to 25 districts. The contagious viral…
India is the future of global dairy: IDF President
India is the future of the global dairy industry and it has a huge potential to increase milk output, Piercristiano Brazzale, President of International Dairy Federation (IDF), has said. He credited India’s small farmer-led cooperative dairy model for its leadership position. Brazzale was in India for IDF’s four-day World Dairy Summit organised in Greater Noida…
Nestle, others eye stake in snack maker Yoga Bar
Nestle India Ltd, the native unit of the world’s largest meals firm, and different strategic and monetary buyers are in talks to purchase a major stake in dietary snacks startup Yoga Bar, at the very least three individuals conscious of the deal mentioned. Nestle India has completed due diligence, and additional talks are on, one…
NDP-II set for rollout from April
The ambitious plan NDP-I Started in February 2012 Financial outlay of ₹2,241 crore Objective: To increase the productivity of milch animals and improve market access of milk producers Outcomes: Milk production per animal increased from a baseline of 5.03 litres per day in 2012 to 6.09 litres per day in 2019 Share of milk sold to…
The problems scale up faster than the solutions
It was like a dream becoming part of recently concluded IDF WDS 2022 in India. I was sure that if this event occurs every 48 years in India then I don’t stand any chance attending it next time. During the event Mr R S Sodhi MD GCMMF forecasted that India’s milk production is expected to jump three-fold…