No proposal before Karnataka govt. to further increase milk prices
Minister for Cooperation K.N. Rajanna on Friday, November 17, said there is no proposal before the State government for a further increase in the price of milk. Talking to reporters in Mangaluru, Mr. Rajanna said the milk price was recently increased by ₹3 per litre. The government will not burden consumers by further increasing the…
Investment Opportunities in Vietnam’s Dairy Sector
Vietnam’s dairy sector is experiencing strong sales growth on the back of a middle-class that is expanding by the day. In this article, Vietnam Briefing examines opportunities in the sector for foreign firms but also the hurdles they may face. Vietnam’s growing population and the increasing wealth of its middle class is seeing demand for…
Happy Nature raises $300k from Inflection Point Ventures
Company will use funds to strategically expand sales through impactful above the line and below the line activations. Happy Nature currently serves more than 1,00,000 customers with over 15,000 orders processed daily. The company addresses the challenges faced by small farmers by providing them access to resources and markets. Advertisement Happy Nature, a direct to consumer breakfast brand,…
Stalin inaugurates warehouse for 1500 T of SMP in Tiruvannamalai
Chief Minister M. K. Stalin on Tuesday virtually inaugurated the new warehouse facility in the existing Dairy-cum-Powder Plant (DCPP) at Ammapalayam village near Chengam town in Tiruvannamalai to store additional 1,500 tonnes of skimmed milk powder. Officials of the Tamil Nadu Cooperative Milk Producers’ Federation (TNCMPF), said that the existing DCPP plant, which was established…
Lee Mielke: Milk estimates lowered in USA for 2024
The Agriculture Department lowered its milk production forecasts for 2023 and 2024 in the latest World Agriculture Supply and Demand Estimates report. The 2023 forecast was reduced from last month as milk cow numbers were revised lower in the latest Milk Production report, and the lower estimated numbers were carried into the fourth quarter forecast….
Dairy prices take a breather
While the key whole milk powder prices dipped 2.7%, five other products on Global Dairy Trade (GDT) auction recorded price rises. Lactose prices spiked over 19%, while skim milk powder, cheddar, anhydrous milk fat and butter milk powder prices all rose between 2% and 4%. Butter was the other product to post a price fall…
Reasons to believe dairy prices could move lower in the near term
September milk production was down 0.2% from a year ago and September’s Dairy Products report shows that milk was directed to the churn. StoneX says there was more fat and protein in the milk, along with declining fluid milk sales, so the amount of solids available to turn into dairy products was up about 1.1%….
Diwali se Diwali tak – Where did the dairy commodities money go?
Diwali was observed on November 12th this year, a shift from its date in 2022 on October 24th. Over the past 384 days, the dairy industry has experienced a roller coaster of events. This year witnessed a positive trend with continuous milk availability throughout. During the summer of 2023, the utilization of dairy commodities reached…
The Ayurveda Company Invests in Vastu Ghee Brand
T.A.C, The Ayurveda Company, is thrilled to announce that Ms. Shreedha Singh, CEO, and Co-Founder of the organization, has made a substantial investment in Shree Radhe Dairy Farms, particularly in their renowned brand, Vastu Ghee, through the groundbreaking show ‘Indian Angels.’ Five Angel investors, including Ms. Singh, collectively invested INR 2 Crores for a 2%…
Maharashtra: Diwali distress for dairy farmers
The procurement price of milk with 3.5 per cent fat and 8.5 per cent SNF (solid not fat) in Maharashtra has crashed from Rs 35/litre to the present Rs 28-29/litre. Barring cooperative dairies, private players have begun correcting prices which has led to unrest among dairy farmers. Constant correction in milk procurement prices by dairies…