Government wants you to ditch oil for ghee
The Union Government is looking to promote use of ghee as a cooking medium, to replace the use of palm oil and other edible oils, and the reason is not just health. Government sources have told CNBC TV18 that use of more ghee as a cooking medium will not just save foreign exchange by saving on edible…
French dairy group Lactalis says profit falls as costs rise
Lactalis, the world’s largest dairy producer, said on Thursday its sales had risen by 28.4% in 2022 to 28.3 billion euros ($30.95 billion), but higher costs had pushed its annual net profit down by 14% to 384 million euros. A spike in food prices, partly linked to Russia’s invasion of Ukraine last year, has created tensions…
Soaring price of milk tells us about Britain’s greedflation problem
How much is a pint of milk? It’s a question that has long been used by journalists to test whether politicians have any sense of the budgetary constraints of the people they govern. If you know the price of milk then you have had to think, at some point, about whether you can afford it….
A Fresh History of Lactose Intolerance
Six decades ago, Pedro Cuatrecasas, a fledgling resident at the Johns Hopkins School of Medicine, was studying the lives of impoverished residents of Baltimore when he noticed an unsettling trend. In interviews, a number of his Black patients would confess that they found milk repellent. The consistency of their laments alarmed Cuatrecasas. He suspected, after…
Amul over Nandini? No whey
No creature—celestial or mortal—has been coveted, abducted or stolen as much and as many times as the sacred cow Nandini. She appears as the same as Kamadhenu in most stories, but as her daughter in a few. The list of her abductors is long—Vishwamitra, Satyavrata, the Ashtavasus, to name a few. Now Siddaramaiah has added…
Nepal’s dairy sector flags severe milk shortage
Nepali dairy industries have requested the government to lift the restriction on imports of skimmed milk powder or full cream milk powder to avert possible shortages in the domestic market. Prahlad Dahal, president of the Nepal Dairy Association, said the state-owned Dairy Development Corporation (DDC) and privately-owned Nepal Dairy Association and Dairy Industry Association have…
GDT bounce, but gains seen fragile on weak fundamentals
Global dairy prices rebounded in Wednesday’s auction, but a sustained recovery in rates that have tumbled by a third over the past year is not on the cards due to abundant supply and reduced buying by top importer China, analysts said. The Global Dairy Trade price index, which is underpinned by prices from the auction…
Kerala CM launches ‘Repositioning Milma 2023’ initiative
Kerala Chief Minister Pinarayi Vijayan on Tuesday launched an ambitious rebranding initiative of the cooperative dairy major Milma focusing on an image makeover of the brand. The rebranding envisages bringing uniformity in packaging, design and product quality to meet the challenges from domestic and global competitors while reinforcing its position as the market leader. Rolling…
Milma vs Nandini: Consumers must benefit in dairy war
Two dairy wars are happening in two southern states—Kerala and Karnataka—involving three dominant milk cooperatives. Nandini, a brand owned by the Karnataka Milk Federation (KMF), is facing a threat from Amul, owned by the Gujarat Cooperative Milk Marketing Federation, in its home state. The Karnataka-based cooperative is accused of encroaching into the market territory of…
Amul Vs Nandini: Don’t let politics stoke market sub-nationalism
Fists have been waved in poll-bound Karnataka, where opposition parties like the Congress and Janata Dal (Secular) have joined pro-Kannada groups in attacking the state’s Bharatiya Janata Party (BJP) government for letting Gujarat’s Amul sell milk and other dairy products there. This, they allege, poses a threat to Nandini, a brand operated by the state’s…