Is it time to sell dairy stocks?
Dairy companies continued to disappoint investors with dismal profits in the recently concluded quarter as high input costs eroded the sector’s margins. Find out the likely trajectory for the sector The opening up of the economy had helped dairy companies log strong revenue growth in the April-June quarter. But the long-standing pressure on their profitability…
OmeB (milk-fat modulator) Commercialized by ICAR
The ICAR-National Institute of Animal Nutrition and Physiology, Bengaluru commercialized the ‘OmeB’ product to M/s Gou Agritech (P) Limited on a non-exclusive basis through AgrInnovate India here today. The product OmeB is developed by the NIANP through comprehensive research and validated for the milk fat modulation through field studies in dairy animals. OmeB leads to…
Why Amul, India’s favourite Dairy brand is pivoting to regional language
Ahead of Independence Day, Campaign India speaks with Indian brands that set up operations in the country pre-independence and continue to dominate their space to understand how they have evolved. Read on to understand how these brands aim to stay relevant for the next 75 years… Here’s an excerpt of our chat with RS Sodhi,…
Lumpy skin disease vaccine released by DAHD ministry
In a major breakthrough, the indigenous Lumpy skin disease (LSD) vaccine is today released by Union Agriculture Minister Narendra Singh Tomar and Union Fisheries, Animal Husbandry and Dairying Minister Parshottam Rupala at an event held in New Delhi. ICAR-National Research Centre on Equines (ICAR-NRCE), Hisar (Haryana), in collaboration with ICAR-Indian Veterinary Research Institute (IVRI), Izatnagar,…
Inflation impacts Canadian dairy profitability – FCC
The CDC announced a 2.5% increase in the farm gate milk price Inflation continues to put pressure on dairy profitability, according to Farm Credit Canada’s most recent dairy outlook report. Energy and feed prices seem to have peaked – but both remain near historical highs. With high inflation expected to continue, the Bank of Canada…
U.S. slice of cheese export market growing strong
Global economic uncertainty apparently isn’t diminishing foreign demand for U.S. cheese, according to a monthly market update from the U.S. Dairy Export Council (USDEC). Multiple factors, especially adequate cheese supplies at competitive prices, put the U.S. in a position to continue export growth in the near term and increase its presence in the international market….
Bring empty milk pouches and water bottles and get discount on fuel
Nearly 700 milk pouches have been collected this month. Get a discount of Re 1 on a litre of petrol and 50 paise off on a litre of diesel. In return, dispose empty milk pouches and plastic water bottles at a petrol pump in Rajasthan’s Bhilwara. This is how Ashok Kumar Mundra, owner of Chhaganlal…
Dairy records 67.15% increase in exports in Q1 of FY23 as against last year same quarter
Continuing with the trend from the previous year, the exports of agricultural and processed food products rose by 31 per cent in the first three months of the current Financial Year 2022-23 (April-June) as compared to the corresponding period of FY 2021-22. According to the provisional data released by the Directorate General of Commercial Intelligence and…
Why a Dietitian Says You Don’t Have to Avoid Dairy Milk
Cow’s milk offers many health benefits that plant-based milks don’t. You may have grown up believing that drinking a glass of dairy milk every day was great for your health. But then, over time, we began hearing more and more about the dangers of artery-clogging fat content in traditional dairy, and cow’s milk became almost passé. Meanwhile,…
Rebuild agriculture to make it future-ready
GIVEN the spectacular role Indian farmers have played in pulling the country out of the ‘ship-to-mouth’ existence and turning it into a food-surplus nation, agriculture has emerged as the brightest star of the Indian economy. Whether we would like to publicly acknowledge it or not, a vibrant agriculture had laid out a strong foundation for…