Business strategy needs to factor in war impact’
Nestle India’s CMD, Suresh Narayanan, has stated that the war in West Asia will bring challenges for businesses, including the impact on commodity inflation. Narayanan also highlighted the importance of penetration-led volume growth and cost efficiency management as key strategies for the company. While inflation has decreased, Nestle does not see a strong case for…
Global dairy in conflict of rising demand vs pressure to cut C02
Even as some parts of the world worry about a shortage of milk and dairy products, governments in other regions are actively trying to reduce dairy farming. That is the unprecedented market situation facing the Irish dairy industry, which exports more than 1.7 million tonnes of product to more than 130 countries. In 2022, global…
How far is China’s Slowdown is spreading ? Ask a dairy farmer
OTOROHANGA, New Zealand—As the sunrise cast a pink glow around 6:30 a.m., Michael and Susie Woodward worked together to attach suction cups to the udders of dozens of cows in the milking shed of their New Zealand dairy farm. When a tanker arrived to take the milk to a processor, Michael Woodward calculated the day’s…
When roads and markets turn bullish: stray cattle harm people
Over the years, many people have been injured by cattle at Triplicane. The issue is not specific to one locality. Complaints have also come in from Koyambedu and surrounding areas like Arumbakkam, apart from Thiruvanmiyur, Mylapore, and Nungambakkam In Triplicane, nearly every resident has a story to tell about nightmarish encounters with cattle on the…
Uniform price of Aavin dairy products sought for Nilgiris residents
The Coonoor Consumer Protection Association has appealed to the management of Aavin to sell milk and other dairy products in the Nilgiris district at prices affixed across Tamil Nadu. S. Manogaran, president of the Coonoor Consumer Protection Association, said the dairy products in the Nilgiris, including milk and curd, were being sold at prices at…
Investors: Dairy must communicate on ESG to win confidence
Dairy farmers must tell investors and consumers what they are doing on sustainability issues if they are to win the confidence of the investment community, a panel of investment advisers said here last week at the International Dairy Federation’s World Dairy Summit. Will Pomroy of Federated Hermes, a United Kingdom firm, said, “The investment industry…
Cooperative export body NCEL gets ₹7,000 crore orders:Amit Shah
Cooperation Minister Amit Mr. Shah on October 23 said the newly established National Cooperative for Exports Ltd. (NCEL) has bagged orders of ₹7,000 crore so far. Mr. Shah, who launched the new logo and website of NCEL in New Delhi, said the cooperative will ensure that benefits of exports reach member farmers of cooperatives and…
Jeff Bezos’ old product review of milk makes headline
Amazon Founder Jeff Bezos, who used to write product reviews on the e-commerce website from 2000 to 2006, has recently made headlines on the internet over an old review of a Tuscan Dairy Whole Vitamin D Milk bottle in 2006. The product review has caught the eye of Tesla chief Elon Musk. “I love milk…
USDA plans to devote $2.3 billion to fund DAiry exports
The National Milk Producers Federation (NMPF) and U.S. Dairy Export Council (USDEC) praised today’s announcement from the U.S. Department of Agriculture that it plans to devote $2.3 billion from the Commodity Credit Corporation to promoting better market opportunities for U.S. agricultural producers and expanding food aid to support communities in need around the world. The…
Dodla Dairy’s Q2 Earnings: An Insight into India’s Dairy Industry
In the bustling chaos of India’s dairy market, Dodla Dairy emerges as an exemplar of resilience, demonstrating a commendable financial performance in the second quarter of the fiscal year. In a country priding itself as the world’s largest milk producer, Dodla Dairy’s robust earnings resonate with the potential of India’s dairy industry, an often-understated cornerstone…