Fonterra lifts FY25 forecast Farmgate Milk Price
Fonterra Co-operative Group Ltd has today increased the 2024/25 season forecast Farmgate Milk Price from $10.00 per kgMS to $10.15 per kgMS, with the range narrowing from $9.70 – $10.30 per kgMS to $10.10 – $10.20 per kgMS. CEO Miles Hurrell says “as we close out the FY25 year, I’m pleased to be in the…
Penalty of Rs 36.72 cr imposed in 8,815 fake milk cases in FY25
The government on Tuesday informed Parliament that penalties worth Rs 36.72 crore were imposed in 8,815 cases related to fake and adulterated milk during 2024-25, marking an increase from the previous financial years. Minister of State for Fisheries, Animal Husbandry and Dairying S P Singh Baghel, in his written reply to the Lok Sabha, said…