Milk prices in the world’s dairy powerhouse India have spiked 15%
Leading milk producer India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for ice cream, and a contagious cattle disease. According to data provided by food commodity price database Mintec, milk prices in India rose from 46 rupees per liter to 53 rupees per liter…
Supply stable, no chance of milk price hike this summer in Indore
Adequate supplies of milk in summers in Indore region as against an average drop of 10 per cent every year has kept milk prices stagnant, giving respite to consumers from price rise. Every summer, milk cooperatives and private milk suppliers hike milk prices amid shortage in collection but this summer they have ruled out the…
Aavin : Strike a balance between payment to farmers and pricing
Minister for Dairy Development Mano Thangaraj on Monday said that Aavin will focus on providing good procurement prices to the milk-supplying farmers while ensuring quality products to consumers at affordable costs. Addressing presspersons after reviewing the functioning of the department and the Tamil Nadu Cooperative Milk Producers Federation, the Minister who was recently given the…
Firm milk prices key threat to falling inflation
Even as retail inflation is expected to start easing from April to about 5% if not lower thanks to broad-based fall in prices, elevated milk prices could play spoilsport, with analysts expecting milk inflation to remain near double digits at least through the summer. Despite India being the largest milk producer since 1998, the commodity…
Sudha milk to get dearer by Rs 3 per litre from April 24 in Bihar
Consumers in Bihar will have to pay more for Sudha milk from April 24 as the Bihar State Milk Cooperative Federation Limited (Comfed) has decided to hike milk prices. The new rates, which have already been implemented, will affect all types of milk and will see an increase of Rs 2 to Rs 3 per…
Inflation to consumer is income to the farmers : Jayen Mehta
How does the milk prices move from here onwards was being asked to Jayen Mehta MD Amul by CNBC TV 18. His answer was straight . he told this time to be a tight rope walk for all the dairy players. https://youtu.be/f1aZH-alhSU He further added that Amul has increased milk prices 6 times in last…
DAIRY NEWS Retail price of milk in India has increased by 12% in an Year
Milk is ubiquitous in India — from the morning glassful that most middle class school kids glug to its use in Hindu religious rituals. Now it could become a headache for Prime Minister Narendra Modi’s government as prices soar. The average retail price of milk in India has increased by 12% from a year ago…
Retail price of milk in India has increased by 12% in an Year
Milk is ubiquitous in India — from the morning glassful that most middle class school kids glug to its use in Hindu religious rituals. Now it could become a headache for Prime Minister Narendra Modi’s government as prices soar. The average retail price of milk in India has increased by 12% from a year ago…
Amul’s price revision is a battle against soaring costs
Gujarat’s Amul has courted controversy as a ‘challenger’ to Karnataka’s homegrown Nandini, but the dairy giant is struggling due to rising costs, farms shutting down. Shibam Dairy in Gopalpura village in Gujarat’s Anand district. It is owned by a businessman who invested Rs 11 cr five years ago, but is still waiting to see profits…
Britain’s Tesco cuts price of milk for first time since 2020
Britain’s biggest supermarket group Tesco has cut the price of milk for the first time since May 2020, a possible early sign that a surge in food inflation may abate in the coming months. In March, grocery inflation rose to a record 17.5%, according to market researcher Kantar, with prices rising fastest for products such as milk, cheese…