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…
Tamil Nadu Faces Fresh Milk Supply Crunch
Tamil Nadu is staring at a potential milk shortage as private dairy companies prepare to increase the retail prices of milk and curd by ₹4 per litre from July 9, marking their second price revision in 2026. According to the Tamil Nadu Milk Agents and Workers Welfare Association, disruptions in milk production across Tamil Nadu,…
Karnataka Dairy Farmers Spill Milk in Protest
Thousands of dairy farmers and milk producers staged a large-scale protest in Ramanagara, Karnataka, by spilling milk on the road to press for an increase in milk procurement prices and stronger government support for the dairy sector. The demonstrators said rising costs of cattle feed, fodder, labour, veterinary care and overall livestock maintenance have significantly…
US Leads Global Decline in Dairy Futures
Global dairy futures markets posted a mostly negative performance during the past week, with the United States recording the steepest decline among major dairy trading regions, according to the latest analysis by DCA Market Intelligence published on July 6, 2026. The report noted that the downturn follows the weakness observed in previous weeks, highlighting continued…