Katraj Dairy Raises Milk Procurement Price
Katraj Milk Union has increased its milk procurement price by ₹1 per litre for both cow and buffalo milk, providing some relief to dairy farmers amid rising milk-production costs. The move is significant for the Pune dairy supply chain, where farmer remuneration remains closely linked to procurement volumes and organised dairy collection. The higher procurement…
Odisha Raises Milk Procurement Price by ₹2/Litre
The Odisha government has approved a ₹2-per-litre increase in the milk procurement price paid to dairy farmers, with the revised rate coming into effect from September 11, 2026. The move, implemented through the Odisha State Cooperative Milk Producers’ Federation (OMFED), is aimed at providing additional income support to dairy farmers amid rising production and transportation…
India Inflation Seen at 4.88% in August
India’s headline retail inflation is expected to accelerate to 4.88% in August 2026, up from 4.44% in July, marking the second consecutive monthly increase and the highest reading in the current 2023–24 CPI series, according to a Union Bank of India report. Persistent food-price pressures and rising fuel inflation are expected to drive the increase….
Parag Milk Foods Q1 Profit Falls 20% Amid Cost Pressure
Parag Milk Foods reported a 20% year-on-year decline in consolidated net profit to ₹22 crore in Q1 FY27, even as revenue increased 11% to ₹945 crore compared with Q1 FY26. Overall volumes grew 3%, with lower volumes in flagship categories partly offset by strong growth in the company’s New Age portfolio. The company’s flagship categories—ghee,…
UK Dairy Processors Raise Farmgate Milk Prices
Three major UK dairy processors—Arla, Müller and First Milk—have announced increases in the prices they pay farmers, offering improved returns amid stabilising global dairy market conditions. Arla will increase its conventional UK headline milk price by 0.88 pence per litre (ppl) to 38.15ppl from August 2026, while Müller will raise its price for qualifying suppliers…
TN Dairy Industry Seeks Milk Price Regulation
Tamil Nadu’s dairy industry has appealed to the State Government to introduce a regulated minimum procurement price and maximum retail price for milk, arguing that the absence of a structured pricing mechanism is creating instability across the dairy value chain. Industry representatives said unregulated pricing has intensified competition among private dairies, leading to price undercutting…
Global Milk Glut Cuts Fonterra Price Outlook
A global milk surplus is putting pressure on dairy commodity prices, prompting New Zealand dairy cooperative Fonterra to reduce its 2026/27 Farmgate Milk Price forecast. Since May 2026, Global Dairy Trade (GDT) prices for Fonterra’s reference products have fallen by 11%, leading the cooperative to lower its forecast by NZ$0.50 to NZ$9.25 per kgMS, with…
Protein Inflation Pushes Up Milk & Chicken Prices
India is witnessing a new wave of “protein inflation” as rising fodder costs are driving up the prices of milk and chicken, putting pressure on both consumers and producers. According to industry experts, higher feed prices have significantly increased the cost of producing milk and poultry, forcing producers to pass on part of the burden…
India’s Milk Demand Outpaces Supply: Heritage Foods
India’s dairy sector is facing a widening demand-supply gap, with milk demand growing faster than production, according to Brahmani Nara, Executive Director of Heritage Foods, speaking at the Fortune India Most Powerful Women (MPW) 2026 summit. She noted that although India is the world’s largest milk producer, producing around 250 million metric tonnes of milk…
Brazil Proposes Minimum Milk Price for Farmers
Brazil is considering a new policy to strengthen its dairy sector through Bill PL 913/2026, which proposes a minimum farmgate milk price of R$2.50 per litre for dairy producers. Introduced by Deputy Cobalchini (MDB-SC), the bill aims to provide greater income stability for farmers by making the average production cost per litre the primary benchmark…