Milk prices beat the trend, unlikely to rise this summer in Indore
Milk prices are unlikely to see any rise this summer due to surplus production in May month as against the usual seasonal drop that leads to price hike. Surplus milk output in Indore has touched close to 2 lakh litre per day in May. Loose milk is priced at Rs 58-Rs 60 per litre in…
Dairy prices weakened ,milk production expanded but dairy trade contracted globally in 2023
International Dairy Prices In 2023, the FAO Dairy Price Index averaged 123.7, down 17.3% from 2022. Weakness persisted from January to September due to reduced imports by major buyers like China for whole milk powder (WMP) amid high stocks and weakened demand from the HRI sector post-COVID. Increased milk production in China and weakened consumer…
Milk Prices may not turn volatile this summer-Mother Dairy
Milk inflation has moderated recently. The last hike in milk prices (by Mother Dairy) was announced in February 2023. As summer progresses, natural shortage starts occurring in overall milk production. However, there will be no wild swing in prices… Summer lasts till September, when some shortage of milk naturally occurs. I anticipate slight (upward) movement…
Milk prices to soar as water scarcity hits production
Milk prices tend to rise in summers as production falls, but this year may be worse. As sweeping heatwaves and drying dams leave dairy animals thirsty, milk productivity will fall and prices will rise, agriculture experts said. While spot traders said raw milk with 6.5% fat is currently being sold at ₹47-48 a litre against…
Essentials milk, rice, soap, and turmeric prices increased by 10-20% in last year
Key essentials such as milk, rice, soap, detergent, turmeric and red chilli powder saw their prices increase by 10 – 20 per cent in the last year, revealed a survey by Kirana Club shared exclusively to ETRetail. The survey featured Kirana owners from Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Maharashtra and Chhattisgarh. The price corrections…
Gokul Dairy reduces milk purchase rate in Belagavi, Khanapur
Kolhapur Zilla Sahakari Dudh Utpadak Sangh, popularly known as Gokul Dairy in the neighbouring Kolhapur district of Maharashtra is facing tough competition from the Nandini brand of Karnataka Milk Federation (KMF). Amid this, the sudden decision to reduce the milk rate by the Gokul Dairy has caused the wrath of farmers, especially in border taluks of Karnataka. An…
Cyclone Michaung: Shortages of drinking water, milk, and diesel
The devastating impact of Cyclone Michaung, which made landfall in Andhra Pradesh on December 5, has left parts of Chennai in a state of severe distress. Characterised by its super-cyclonic intensity, the cyclone unleashed a torrent of rain, leaving several localities in Chennai under water on Wednesday even about 30 hours after the rain stopped. The…
Milk prices are falling because of adulteration in Maharashtra?
Distantmers who have been affected by climate change are now facing plummeting prices of agricultural produce. In addition, the main milk business for the farmers is also betrayed and the price of milk directly dropped from 34 rupees per liter to 25 to 26 rupees per liter. While there is a shortage of water and fodder in…
Country faces fodder crisis , milk prices may rise
New Delhi: India is facing a major shortage of dry fodder, according to two scientists at the Indian Grassland and Fodder Research Institute (IGFRI), pointing to a supply gap that could further inflate milk prices. The shortage of between 25% and 90% of the critical livestock input is put down to increased cattle population, low…
Dairy farmers pour milk at Indapur on Pune-Solapur highway
Indapur, 27th November 2023: Farmers in Indapur, Pune district of Maharashtra, took to the streets yesterday, staging a protest on the Pune-Solapur national highway to demand fair pricing for milk and support for the agricultural sector. The demonstration, led by young farmers Omkar Sarde and Sagar Petkar from Kandalgaon, aimed to draw attention to the…