Global dairy outlook is positive, says Rabobank :Searching for Equilibrium
The global dairy market may experience a slower price recovery than previously anticipated, particularly as China shows a reduced need for dairy imports, Rabobank says in recently-released sector research. But, despite this, the overall market outlook remains positive, the global specialist agribusiness bank says in its Q2 Global Dairy Quarterly, titled Searching for Equilibrium. The report…
Indonesia’s free school lunch and milk policy a ‘significant’ opportunity for Australian farmers
Australia’s dairy industry is licking its lips at the prospect of increased demand from Indonesia. One of the key policies for Indonesia’s president-elect, Prabowo Subianto, is to provide free lunches and milk to Indonesian school students. The program is set to begin next year at an estimated initial cost of over $11 billion (120 trillion…
India’s food regulator FSSAI warns against selling human milk
India’s top food safety body, the Food Safety and Standards Authority of India (FSSAI), has issued a directive to all states to stop granting licenses for the sale or processing of human milk. The advisory, released on May 24, emphasizes that “activities related to the commercialisation of human milk and its products should be immediately…
NDDB Panellists propose Centre of Excellence for dairy cooperatives
The National Dairy Development Board (NDDB) recently hosted a significant conference titled “Future Roadmap for Indian Dairy Sector,” featuring a crucial panel discussion on “Value Added Milk & Milk Products.” The session was chaired by Dr. Dheer Singh, Director of ICAR, and included esteemed panellists such as Manish Bandlish, MD of Mother Dairy Milk, Dr….
Heavy pre-monsoon showers trigger fear of milk glut in Bengaluru for KMF
The dairy sector is bracing for what experts call a ‘white flood’ — an overproduction of milk — thanks to unusually heavy pre-monsoon rain in May. Karnataka has recorded a 24% increase in rainfall so far, and the trend is likely to continue into the rainy season with IMD predicting 106% increase between June and Sept. This…
Dairy farmers worried over rumour of Amul entering Tamil Nadu’s milk market
Farmers attached to Aavin’s primary cooperative societies are worried about a rumour that Gujarat-based Amul milk cooperative was planning to enter the Tamil Nadu milk market. M.G. Rajendran, general secretary, Tamil Nadu Milk Producers’ Welfare Association said this information was disturbing if true. “Our founder Senguttuvel would always say that competition is good. But in…
Bird Flu (H5N1) Explained: Study Suggests Drinking Infected Milk Could Spread Disease
Here’s the latest news about a global outbreak of H5N1 bird flu that started in 2020, and recently spread among cattle in U.S. states and marine mammals across the world, which has health officials closely monitoring it and experts concerned the virus could mutate and eventually spread to humans, where it has proven rare but…
Beware of over boiling Milk Tea: Experts warn of health risks
Milk tea is a beloved beverage in many Indian households, enjoyed for its taste and comforting qualities. However, new guidelines from the Indian Council of Medical Research (ICMR) advise against excessive consumption, citing concerns about the tannins in caffeinated drinks like tea and coffee hindering iron absorption in the body. Apart from the frequency of…
Dairy Milk, Oreo maker Mondelez slapped with $366mn antitrust fine
Mondelez, the maker of Oreo, Cadbury Dairy Milk chocolate and Toblerone, has been slapped with a fine of €337.5 million ($366 million) by the European Union on Thursday (May 23), its ninth-largest antitrust fine. This development comes at a time when food costs are a major concern for European households. The fine has been imposed…
Godrej Capital forays into Dairy Farm Loans in South India with Creamline Dairy
Godrej Capital, the financial services arm of Godrej Industries Group, announced its entry into the agriculture segment with the launch of dairy farm loans. Through a strategic partnership with Creamline Dairy Products Limited and Dvara E-Dairy, Godrej Capital will provide financial assistance to small dairy farm owners across Karnataka and other regions. Creamline Dairy Products…