Monsoon Rain Disparity Threatens Milk Output in Key States
Heavy Rains, Floods to Impact Dairy Output in India Uncertain monsoon patterns, including heavy rains and floods, are likely to affect fodder availability and milk production in India over the coming months. Dairy farmers face challenges that may influence supply and prices across the sector. The dairy sector in India is entering a crucial phase…
Above-Normal Monsoon Forecast for 2025 Brings Optimism for Dairy
The India Meteorological Department (IMD) has forecasted an above-normal southwest monsoon for 2025, bringing encouraging prospects for India’s agriculture and dairy sectors. According to IMD’s long-range forecast, rainfall between June and September is likely to be 105% of the Long Period Average (LPA) of 87 cm, with a model margin of ±5%. The probability of…
Indian Dairy Industry Set for Robust Revenue Growth
The Indian dairy industry is poised for a revenue growth of 13-14% this fiscal year, driven by strong consumer demand and an improved supply of raw milk, according to Crisil Ratings. Rising consumption of value-added products will support demand, while a good monsoon is expected to boost milk supply. The increased supply of raw milk…
Farm sector can grow over 6% in FY25 on good monsoon
The agriculture and allied sectors may register over 6 per cent growth in 2024-25 going by the predictions of a favourable monsoon and the low base of the previous year, NITI Aayog member Ramesh Chand told businessline. “This year (2024-25) will be highly favourable for agriculture, mainly due to two factors. One, the monsoon rainfall…
Global dairy Price index almost unchanged
Global Dairy Trade Event 354 concluded with the GDT Price Index up 0.1% with average global price index touching USD 3590/MT. Key Results remains as follows : AMF index up 1.7%, average price US$7,062/MT (Rs 580/Kgs) Butter index down 1.4%, average price US$6,546/MT (Rs 535/Kgs/MT) BMP index not available, average price not available Ched index down 8.5%, average…
Cooler Weather Halts Milk Crisis
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise. Between January and March, India was facing a shortage of milk products such as butter and ghee, raising prospects of imports in a country that is the world’s largest supplier of liquid milk. Today,…