Amul hikes milk prices by Rs 2 per litre, except in poll-bound Gujarat
Amid the festive season, The Gujarat Cooperative Milk Marketing Federation Ltd, which markets its products under the Amul brand, hiked the rates of milk by Rs 2 per litre. The price of full cream milk has increased from Rs 61 per litre to Rs 63 per litre, which is expected to impact household budgets. Amul has also…
Milma planning to hike milk price by Rs 4 per litre
Milma is considering to increase the price of milk by next year in view of the surge in production cost. Sources said the demand is to hike the price by at least Rs 4 per litre. “A two-member committee has been set up to study the hike required and to find its division between farmers…
Haryana to raise purchase price of milk
Cooperation Minister Dr Banwari Lal today said the Haryana Dairy Development Cooperative Federation had decided to increase the purchase price of milk from Rs 770 to Rs 800 per kg fat from October 1. The decision will directly benefit the milk producers. The minister said this would help the milk unions to reduce the cost…
Brokerage firm flags further increase in milk price soon
Dairy companies may need to again raise prices of milk in the second half of the current financial year, analysts at ICICI Securities said in a report on Wednesday. Dairy companies have raised milk prices by 8-10% in the past eight months due to a sustained rise in procurement prices. Wholesale milk prices have increased…
Milk price to be hiked by ₹3 a litre?
Efforts so far to increase the price has been stonewalled by the government After over three years, the Karnataka Milk Federation (KMF) is likely to increase selling price of Nandini milk by ₹3 a litre. While a decision on this was taken at the KMF’s annual general body meeting here on Friday, its date of…
Saras milk became expensive for the second time in 75 days
Before the arrival of the festive season, once again in Rajasthan, the general public is being hit by inflation. Ahead of the festival season, Saras Dairy has also given a big blow to its customers. After about two and a half months, the dairy has again increased the rates of milk. According to the information…
Demand for Aavin milk up as private dairies hike prices in Chennai
The demand for Aavin milk has gone up as private dairies increased the retail prices of milk packets last week. Compared to the first week of August, Aavin is selling 50,000 more litres of milk every day. This includes 20,000 litres sold in Chennai city alone, according to data submitted by Tamil Nadu Co-operative Milk Producers’ Federation (TNCMPF) Limited,…
Amul, Mother Dairy hike milk prices by Rs 2 per litre
Amul and Mother Dairy have hiked milk prices by Rs 2 per litre. The new prices will be effective from August 17. Amul and Mother Dairy have hiked milk prices by Rs 2 per litre. This is the second hike by the companies this year. The new prices will be effective from August 17. The price…
Inflation impacts Canadian dairy profitability – FCC
The CDC announced a 2.5% increase in the farm gate milk price Inflation continues to put pressure on dairy profitability, according to Farm Credit Canada’s most recent dairy outlook report. Energy and feed prices seem to have peaked – but both remain near historical highs. With high inflation expected to continue, the Bank of Canada…
Fair price for farmers: How consumers can spur the change
I have often quoted an OECD-ICRIER study that puts an economic value to the losses suffered by the Indian farmers in the 16-year period, between 2000 and 2016. It puts the loss at a staggering Rs45 lakh crores, which means on an average, every year farmers suffered a loss of roughly Rs2.64 lakh crore. While…