Securing a sustainable future-Showcasing Irish Dairy industry
Crowds were welcomed back to Moorepark today, July 4th, to see the research being conducted and to meet the Teagasc teams and industry stakeholders present. Laurence Shalloo, Head of Animal & Grassland Research and Innovation Programme, Teagasc, Moorepark, welcomed those attending Moorepark ’23, while also highlighting many current and future challenges in the piece below….
How quick commerce is revolutionising India’s dairy cooperatives
It is a matter of great pride for the quick commerce sector that it is providing meaningful support to the dairy sector, which brings more than two crore farmers from more than two lakh Indian villages into its fold, in its journey of manufacture and distribution The fast-emerging “quick commerce” sector has the potential to…
GDT price index down over 3% and butter crashed by over 10%
The Global Dairy Trade (GDT) price index has dropped by 3.3% following the latest trading event held earlier today (Tuesday, July 4). The price index now stands at 969, a level last seen in November 2020. Following the previous auction on June 20, the index remained unchanged from the preceding event on June 6, at…
Amul caught in a fresh row over new AP dairy project
Co-operative giant Amul is trapped in a fresh controversy. This time trouble is brewing around its new dairy project in Andhra Pradesh. The dairy major, owned by Gujarat Milk Marketing Federation, is investing ₹385 crore to revive the Chittoor Co-operative Dairy. While it is geographically a strategic investment for Amul as it is close to…
From deficit to surplus India’s spectacular milk production journey
In India, milk is more than just a drink, a staple that never goes out of style. Consumed hot and cold and in all seasons. The country’s favourite refreshment and source of nourishment, milk is a dietary delight for Indians across the country. From individuals producing their own milk to mega dairy cooperative brands catering…
CM to lay stone for Amul Dairy unit in Chittoor on July 4
Chief Minister Y.S. Jagan Mohan Reddy is scheduled to lay the foundation stone for an Amul Dairy unit here on July 4 (Tuesday). The Gujarat-based cooperative dairy, which took over the defunct Chittoor-based Vijaya Dairy through a 99-year lease, will be investing ₹385 crore, which includes setting up an ice cream plant with ₹150 crore,…
Devoting 14-17 % of land for fodder cultivation will be ideal
Currently, India is staring at a fodder crisis with a daunting challenge of producing adequate feed and fodder for its livestock from an already shrinking land resource. In addition, erratic fodder supply during summer/ drought creates a gap in the supply chain. The recent estimated deficit in green fodder is 11.24 per cent, and the…
Four supermarkets confirm 10 cent price drop on own-brand milk
Four Irish supermarkets have announced reductions on the retail price of own-brand milk products by up to 10 cent. This is the second cut to the price of milk which the competing retailers have announced since May. Aldi said it will reduce the cost “all its own-brand milk products by an average of 10 cents”,…
Qatar’s Baladna buys more shares in Egyptian dairy peer Juhayna
Baladna, the Qatar-based dairy group, has acquired another tranche of shares in Egypt’s Juhayna Food Industries. In almost two years, Baladna has built a shareholding in Juhayna of more than 15%. Its latest purchase – of 600,000 shares on 26 June – took its stake from 10% to 15.03%. The shares cost E£7.4m ($239,000). In…
Greater Guwahati Dairy Farmers’ raises milk prices by Rs 5/ltr
In a recent development, the Greater Guwahati Dairy Farmers’ Association has announced a substantial increase in milk prices in Guwahati, India. According to reports, the decision to raise the prices by Rs 5 per litre was driven by the surge in fodder costs, posing challenges for dairy farmers. Consequently, the new rate for a litre…