Milk prices defy seasonal trend as supply pressures build
On Tuesday, skim milk powder (SMP) prices at Global Dairy Trade (GDT), the fortnightly auction platform of New Zealand’s Fonterra Cooperative, averaged $3,243 per tonne, the highest since the $3,264 of August 5, 2014. Vegetable prices have cooled with the usual winter-time increase in supplies of carrots, cauliflower, cabbage, radish, capsicum and peas. Even onions…
Milk powder and ghee to be part of Free kits for Ration shops in Kerala
The Kerala Milk cooperative ( MILMA) has recommended the Kerala government to include 200gm milk-powder and 100gm ghee in the free kit being distributed through the state’s ration shops amid the COVID-19 pandemic. For distributing 200gm Skimmed Milk Powder and 100gm ghee through every kit, Milma propose to use the excess procurement of milk. Milma…
Who moved Mozzarella cheese and ghee into the PLI scheme for dairy ?
We are the world’s largest producer of milk, oilseeds, pulses, cotton, mangoes, papayas and bananas. Globally, India is the second-largest producer of rice, sugar, tea, vegetables and fish also. This makes food processing a priority sector for the policy makers. .The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce…
SMP, Butter and ghee price in India gets bullish: Would it sustain ?
The commodities prices in India have begun to surge . The prices of SMP, butter and ghee are moving up. The price of milk in most parts of the country is also going up. In North the milk availability has become difficult and prices have gone upto Rs 45 per liter for buffalo milk ….
500 crores export subsidy for SMP could bring 270 million USD and 120 million smiles
Maharashtra government finally ended their scheme of collecting 1 million LPD of milk at Rs 25 per litre on tuesday. The scheme was extended twice since April 2020. Farmers associated with state cooperatives were the major beneficiaries. The total collection of milk under this scheme could reach to maximum of 5.5 lakh litres per day….