FSSAI takes pro-active, industry-centred approach: Nestle
In a marked shift from its earlier approach, the Food Safety and Standards Authority of India (FSSAI) has evolved into a more proactive and industry-centred regulator over the past decade, Nestle India Chairman and MD Suresh Narayanan told PTI. Reflecting on the transformation, Narayanan praised the food safety body’s faster responses and enhanced transparency, calling…
Thieves steal US$390,000 worth of cheddar from London cheesemaker
Thieves with a nose for fine cheese have pulled off a massive cheddar ripoff in London. Neal’s Yard Dairy said a con artist posing as a wholesale distributor for a major French retailer had made off with 22 metric tons of award-winning cheddar worth £300,000 (US$390,000) before the company realised it had been scammed and…
Rabobank Q3 2024 -Shifting Market Narratives
Summary: Rabobank’s Global Dairy Quarterly Q3 report reveals shifting market narratives, shaped by unpredictable weather, geopolitical tensions, and variable milk production. While supply from main producers is set to rise slightly due to better milk prices and cheaper feed, concerns like La Nina, China’s production challenges, and the spread of Bluetongue in Europe pose significant obstacles. The confluence of…
How Oright Is Unclogging Milk Supply Chain Bottelneck
In the last 30 years, the Indian dairy industry has grown leaps and bounds in a country that once was grappling with a dire shortage of milk. Thanks to Verghese Kurien’s Operation Flood, commonly known as The White Revolution of India, the country today accounts for 24% of the world’s total milk production, contributing 4-5%…
India says dairy sector will stay out if EU wants FTA
Union Minister Piyush Goyal said on Friday that India would not be able to strike a free trade agreement deal with the European Union if the bloc kept insisting on seeking access to India’s dairy industry. A report by Reuters quoted Goyal as saying, “A trade deal could be concluded swiftly if sensitivities were respected on both…
Cow has four calves in ‘one-in-11 million’ birth
A dairy cow giving birth to extremely rare quadruplet calves has been described as “unheard of” by farm staff. The bull and three heifers arrived fit and healthy at Calcourt Farms in Wernllwyd, Powys. The chance of a quadruplet pregnancy in cattle is said to be one in 700,000, with the chance of them all being born…
Second Quarter performance of Dodla and Heritage
Dodla Dairy Net Sales at Rs 997.62 crore in September 2024 up 29.94% from Rs. 767.75 crore in September 2023. Quarterly Net Profit at Rs. 63.38 crore in September 2024 up 45.35% from Rs. 43.60 crore in September 2023. EBITDA stands at Rs. 105.82 crore in September 2024 up 37.55% from Rs. 76.93 crore in…
India is a significant market for SIG aseptic packaging
India is the largest milk producer in the world; it accounts for nearly 22-25% of the world’s production, according to the Food and Agriculture Organisation (FAO). According to a report by Fortune Business Insights, the country’s dairy market size was valued at $115.57 billion in 2022. This number is expected to reach $227.53 billion by…
Excessive October Rain triggers distress in dairy sector
Excessive rain this month may have caused significant damage to standing crops across Karnataka, but it has presented the dairy sector with distress of a different type — overproduction of milk. It has left both producers and milk unions in a difficult situation. The glut began with the early onset of the monsoon in June, resulting in a sharp…
6.5 crore dairy farm households to be brought under cooperative sector
Union minister Amit Shah said on Tuesday that 6.5 crore rural families involved in milk production are outside the ambit of the cooperative sector and face exploitation as they are not getting a fair price. Shah said that only 1.5 crore out of 8 crore rural families involved in dairy farming are part of the cooperative sector and asked the National Dairy Development Board (nddb.coop)…