Impact of climate change on smallholder dairy farmers in India
A considerable number of agricultural households in India engage in livestock rearing and milk production to supplement their income and improve household nutrition. This article examines how global warming impacts smallholder dairy farmers, particularly through a decline in milk yields. It finds a significant negative impact of higher maximum or minimum temperatures on milk yield,…
Saputo scraps EBITDA target but expects profit lift
Dairy heavyweight Saputo has “withdrawn” a key EBITDA target but suggested a new milk-pricing formula in the US would bring an additional profit benefit. “Market conditions have not stabilised as we had anticipated, making this a prudent decision as we operate in what remains a dynamic consumer environment,” president and CEO Carl Colizza told analysts…
Cheese And Paneer Products Will Boost Future Prospects
Key Takeaways Increased focus on value-added products and strategic market positioning is expected to drive revenue and earnings growth. Strong distribution network and stable milk prices are anticipated to boost revenue and positively impact net margins. Rising costs and price pressures could squeeze Heritage Foods’ margins and profitability, with risks in new market expansion and…
Coke’s $7 billion bet on milk hits big, but Wall Street wants more
Fairlife filters its milk to boost protein, reduce sugar by half and eliminate lactose, while also, according to fans, being creamier. That’s helped it become Coke’s fastest-growing US brand and crucial to its growth strategy of moving beyond soda. When walking into Coca-Cola’s office in Chicago’s trendy West Loop, the soda giant’s iconic logo is…
MLC urges CM to announce ₹2 hike in milk subsidy
Dinesh Gooli Gowda, MLC, has urged the State government to announce an increase in the milk subsidy by ₹2 in the upcoming State Budget. Even though the farmers were currently receiving a subsidy of ₹5 a litre, an increase in the subsidy by ₹2 was necessary given the rising production costs and declining output of…
Biovet, India’s LSD Vaccine gets CDSCO approval
Biovet, part of the Bharat Biotech Group, has received approval from the Central Drugs Standard Control Organisation (CDSCO) for its Lumpy Skin Disease (LSD) vaccine, BIOLUMPIVAXIN, designed for dairy cattle and buffaloes. This vaccine, the only one of its kind globally for LSD, is both safe and effective. It also has a unique ability to…
Bill aims to establish IRMA as Tribhuvan Sahkari University
The ‘Tribhuvan Sahkari University Bill, 2024’, which was scheduled for introduction in Parliament on Friday, could not be tabled. The Winter Session of Parliament concluded on the same day, leaving the proposed legislation in uncertainty. The bill was listed in the revised list of business for the day but due to a variety of reasons,…
Agriculture is fiscally neglected in the Budget
Schemes and programmes are starved of resources, and the real issues that confront the farmers and the sector remain sidelined A Budget is the response of a government to the challenges in the economy. The effort in the Economic Survey 2024-25 was to spin a positive narrative on the state of Indian agriculture. It claimed…
UP govt expands cow protection dairy development initiatives
Uttar Pradesh plans to enhance cow protection and milk production with new measures, including training, vermicompost units, and improved healthcare services. The Uttar Pradesh government has outlined a comprehensive strategy to enhance cow protection, milk production, and the commercial use of cow dung and urine. In a meeting, chaired by animal husbandry and dairy development…
Dairy Startup Cremeitalia Bags Funding To Expand Its D2C
Highlights The startup plans to use the fresh capital to expand operations, enhance R&D capabilities, scale distribution and retail presence Besides, the proceeds would be deployed for team expansion and strengthen brand-building efforts through digital marketing and industry collaborations Founded in 2018 by Prateek Mittal and Rajas Dhote, Cremeitalia makes cheese products using traditional Italian…