Milk Procurement Price Down 10% Retail Rates Unchanged
Several dairies from Maharashtra and northern India have reportedly slashed milk procurement prices by 10 per cent. While these milk prices have been brought down in the last fortnight, consumers are reportedly not expected to get any benefit of this as retail rates remain unchanged. According to a report in the Economic Times, the only…
FSSAI to conduct nationwide surveillance of milk, milk products
In a bid to check adulteration, the Food Safety and Standards Authority of India (FSSAI) on Thursday said it will conduct nationwide surveillance of milk and milk products. The surveillance, to be conducted on a large scale, will involve collecting samples from both the organised and unorganised sectors in all districts countrywide. Samples of products…
Rajasthan, MP outpace Gujarat in milk output value growth
Gujarat has earned the title of the milk capital of the country for the strides it has made in the organized dairy sector, but neighbouring Rajasthan and Madhya Pradesh have outpaced Gujarat in terms of the value of milk output over the past decade. A report compiled by the Union ministry of statistics and programme implementation (MoSPI)…
Stalin tells Centre to stop Amul to refrain from milk procurement
Tamil Nadu Chief Minister M K Stalin on Thursday sought Union Home Minister Amit Shah’s intervention in directing Gujarat-based dairy giant Amul to desist from milk procurement with immediate effect citing unhealthy competition with the state’s co-operative milk producer Aavin. In a letter to Shah, Stalin urged the Centre to address the issues arising out…
What’s the global picture for dairy markets?
Dairy advisers have warned of future shortages of milk, with little to no growth in production in many major exporting regions, despite a surplus at present. Global demand is mixed, with a softening requirement reported in Europe and the US, and a slow recovery from China, but there are some growing opportunities from other Asian…
Pune-based dairy Sonai sends defamation notice to 4 farm leaders
The Pune-headquartered Indapur Dairy and Milk products Ltd, the company which retails under the brand name of Sonai, Tuesday wrote to the Solapur Superintendent of Police seeking action against farm leaders who allegedly “defamed” the dairy on social media and other platforms. This comes in the backdrop of a protest by the dairy farmers of…
Dodla Dairy Q4 FY23 Net Sales up 22.82% Y-o-Y
Net Sales at Rs 724.28 crore in March 2023 up 22.82% from Rs. 589.72 crore in March 2022. Quarterly Net Profit at Rs. 22.53 crore in March 2023 down 44.35% from Rs. 40.48 crore in March 2022. EBITDA stands at Rs. 40.03 crore in March 2023 down 21.76% from Rs. 51.16 crore in March 2022….
Amul steps into Tamil Nadu to procure milk at premium
Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which owns India’s largest dairy brand ‘Amul’, is preparing to start milk procurement in Tamil Nadu. The marketing division of Amul has released multiple advertisements inviting farmers to supply milk in northern districts of the state, including Dharmapuri, Vellore, Krishnagiri, Tiruvannmalai, Ranipet and Kancheepuram districts. This would be…
China’s falling birth rate impacting infant milk industry in Ireland
THE impact of the falling birth rate in China on the infant milk formula industry in Ireland was raised in the Dáil. Ireland is one of the leading manufacturers of infant formula. Three of the world’s largest producers, Danone, Abbott, and Wyeth, have manufacturing plants here. Minister of State Neale Richmond, replying to Cork North-West…
Pathfinder Foundation to promote Lankan dairy sector
The Pathfinder Foundation, in partnership with the New Zealand High Commission in Colombo, organized a high-level Agriculture Reform Panel Discussion titled Prospects for Sri Lanka’s Dairy Industry: International Case Studies at Courtyard by Marriott in Colombo. Chairman Pathfinder Foundation, Bernard Goonetilleke, mentioned that this forum takes place at a critical juncture where decisions are being…