Confluence of milk and code: How innovations in agtech can transform the future of Indian agriculture
India’s vast and diverse agricultural landscape, spanning 160 million hectares and sustained by the efforts of 151 million farmers, plays a substantial role, contributing five per cent to the nation’s GDP (World Bank, 2023). Despite its scale, challenges persist, including fragmented landholdings and susceptibility to unpredictable weather patterns, limiting its full potential. However, amidst these…
DAIRY NEWS Anantnag Surpasses Pulwama in Milk production
Anantnag district has surpassed Pulwama district in milk production, earning the title of the ‘New Anand of Kashmir’. Anantnag is presently producing 7.29 lakh litres of milk per day. Officials said the annual milk production in the district is approximately 266.35 thousand tonnes, surpassing Pulwama, which has an annual milk production of 262.95 thousand tonnes….
Sabar Dairy announces pay hike for milk producers
Sabar Dairy has increased the procurement price of milk by Rs. 10 per kilo fat. Previously, the price of milk per kilo fat was Rs. 840, and it will now be Rs. 850 per kilo fat. This adjustment will take effect from February 1st. The board of Sabar Dairy decided to hike the procurement price…
Dodla Dairy impressive results in Q3
Dodla Dairy Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,468.41 million compared to INR 6,754.31 million a year ago. Revenue was INR 7,525.45 million compared to INR 6,819.63 million a year ago. Net income was INR 413.32…
What’s in India New Zealand FTA with or without dairy- Guy Trafford
Leading into the 2023 elections one of the promising announcements that came from National was the intent to open negotiations with India and achieve a Free Trade Agreement (FTA) – and dairy was to be included. It was described by National as a “major strategic priority”. At the time many (myself-included) poured cold water on…
Things are looking up in global dairy trade
Whole milk powder prices are on the up since November. However, a weaker than expected Chinese economy and lower milk production are potential roadblocks for a decent farmgate milk price. Fonterra’s revised forecast Farmgate Milk Price midpoint for the 2023/24 season is $7.50/kgMS, with a new forecast range of $7-$8/kgMS. There’s also some relief for…
World Co-op Monitor: Amul makes India proud; comes 2nd globally
Amul has made a remarkable achievement by securing the second position globally in the Co-op Monitor, showcasing the strength of India’s dairy cooperative sector. The Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), operating under the renowned brand name Amul, clinched this prestigious spot among the world’s top 300 cooperatives. The ranking is determined by the…
Scheam India Signs Rs 73 Cr Investment Pact With JKDCF
Scheam India has signed an agreement with the Jammu and Kashmir Dairy Cooperative Federation and agro cooperatives (FPOs) to invest Rs 73 crore to boost the dairy infrastructure and entrepreneurship in J&K and Ladakh. The memorandum of understanding (MOU) was signed by Vikrant Dogra, Chairman of Jammu and Kashmir Dairy Coop Federation Limited (JKDCF), UNATI…
FSAI assesses official controls in the dairy sector in Ireland
An assessment of controls at companies in the dairy sector in Ireland has found the system works well overall but there are several areas that need improvement. The audit covered official controls by a Department of Agriculture, Food and the Marine (DAFM) division in the dairy production chain. Eleven businesses were audited between August and…
Things are looking up in global dairy trade
Whole milk powder prices are on the up since November. However, a weaker than expected Chinese economy and lower milk production are potential roadblocks for a decent farmgate milk price. Fonterra’s revised forecast Farmgate Milk Price midpoint for the 2023/24 season is $7.50/kgMS, with a new forecast range of $7-$8/kgMS. There’s also some relief for…