Unilever ‘warms up’ ice cream freezers to help tackle emissions
Unilever is launching two pilots to trial warmer ice cream freezer cabinets with an aim of reducing energy use and greenhouse gas emissions by approx. 20 – 30% per freezer*, whilst ensuring the same ice cream quality and consumer experience. The two pilots, kicking off this month in Germany with a second pilot to follow…
Calcutta HC upholds state govt’s Metro Dairy stake sale to Keventer
The Calcutta High Court dismissed a petition alleging the sale of State’s Metro Dairy Limited (MDL) shares to Keventer Agro Ltd (KAL) in 2017 was non-transparent or opaque. A division bench of the court said the state has not adopted a non-transparent method to sell 47 per cent of its stake to KAL and there…
Russia’s dairy concerns over new sanctions
The Russian dairy industry association, Soyzmoloko, has called the government to refrain from a ban on the entry of European trucks, which is being discussed by Russian and Belarusian authorities. On 8 April 2022, the EU adopted the fifth round of sanctions which introduced new sectoral measures targeting Russia and Belarus, including a full ban…
WORLD DAIRY NEWS Weakening demand in China to ripple in dairy markets
The Global Dairy Trade Index has fallen 11% since April following rapid increases this winter as demand is called into question amid lockdowns across multiple Chinese cities. Rabobank expects the market will carefully monitor the situation in China for signs of further weakening demand. The move downwards of the GDT Index puts it back down…
DAIRY NEWS Top dairy industry stock picks as per ICICI securities report
ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in June’22, wholesale milk prices jumped 5.8 per cent year on year in India. ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in…
World milk day celebrated at Dr V Kurien Center of Excellence, IRMA
On the occasion of World Milk Day, 1st June, the Verghese Kurien Centre of Excellence at IRMA organized a virtual technical session on ‘Challenges and Opportunities for Indian Dairy Industry’. The dairy stalwarts discussed important issues related to Indian Dairying. Dr JB Prajapati gave a welcome speech on behalf of Director, IRMA and set the…
Twice a day take some probiotic- Dr N K Ganguly at PSMC
On 23rd May, Verghese Kurien Centre of Excellence, IRMA organized an expert lecture and interactive session with Padma Bhushan Dr Nirmal Kumar Ganguly at Pramukh Swami Medical College, Bhaikaka University. Professor Ganguly is the President of Gut Microbiota and Probiotic Science Foundation of India. He is a former Director General of Indian Council of Medical Research…
War continues to impact dairy commodities market: Maxum Foods analysis
Analysis from Maxum Foods has showed that dairy commodities continue to feel the effects of the war in Ukraine, high temperatures and the rising cost of living for consumers. The prices of dairy commodities are expected to stay strong in the EU but for Australia the cost of milk powder and fat will go down…
New Zealand’s plan to tax cow and sheep burps-FAQs
New Zealand has a strange problem at hand – burping livestock. For a rather unusual issue, it has an unusual solution. The country has unveiled a plan to tax sheep and cattle burps. Why is New Zealand taxing burps? When these animals burp, they release methane. And the plan has been put into place to…
Dairy companies to further increase their prices in first half of Fy 23
Milk prices could remain high in the current financial year on account of the high global prices of skimmed milk powder and cattle feed. This could prompt dairy companies to hike prices further in the first half of the financial year, analysts at ICICI Securities said in a note on Friday. “All the dairy companies…