I serve ESG in the dairy sector . Choose any two .
“I serve Environment, Sustainability and Governance in the dairy sector . Choose any two” . I remember visiting a Highway motel in the UK in 2006 while conducting a survey on milk products. The menu placard on my table read “We serve Quality, Service and Price “. Choose any two. It was like a puzzle…
Food choices key to tackling global warming: Study
Food consumption in the five highest greenhouse gas (GHG) emitting countries, including India, was responsible for more than 40 per cent of global food supply chain emission in 2019, according to a study. The research, published in the journal Nature Food, found that action to protect the planet against the impact of climate change will fall…
Govt launches “Dugdh Sankalan Sathi Mobile App”
Union Minister of Heavy Industries Dr. Mahendra Nath Pandey unveiled the ground-breaking “Dugdh Sanakalan Sathi Mobile App” today at Mussorie, Uttarakhand. This innovative application, designed and developed by Rajasthan Electronics & Instruments Limited (REIL), Jaipur, a “Mini Ratna” Central Public Sector Enterprises under the Ministry of Heavy Industries, is poised to make a lasting impact on…
Dairy Market Report Outlook
The current extended period of milk-production growth has so far been the weakest of all such periods since 1996, but prices continues to decrease even as inflation ebbs and consumer demand for dairy products recovers. Production of most major categories of dairy products mirrored that modest growth of milk production. Growth in total domestic consumption…
Kerala govt opposes expansion of Karnataka’s dairy brand Nandini in state
The Kerala government has filed a complaint with the National Dairy Development Board (NDDB) against Karnataka dairy brand Nandini opening more outlets in the state. Minister for Dairy Development, Milk Co-operatives J Chinchurani said Nandini had not sought permission to open outlets in the state. “We had requested NDDB to look into the matter”, she…
Milk prices unlikely to go up until Diwali as production increases
Dairy sector experts have ruled out further milk price hikes – at least till Diwali – because of a sudden increase in production due to an unusually cool summer this year. Meenesh Shah, chairman of the National Dairy Development Board, told Moneycontrol that retail prices of milk have actually fallen by up to Rs 2…
Very Low correlation between milk production and monsoons
Is your breakfast going to get costlier soon? Well, the answer may lie in the start and spread of monsoon in India, which so far has been late and scanty. The price of milk, a key food item and essential ingredient in India’s favourite beverages tea and coffee, is typically determined by supply, which is…
Michigan Dairy Farmers slated to Transforming Milk Into Fuel
Asking a gas station clerk if they’ve got milk is about to take on an entirely different meaning in the Great Lake State. That’s because the Michigan Milk Producers Association (MMPA) is teaming up with a Canadian Distillery to transform the lactose-laden byproducts of the local dairy industry into ethanol fuel for vehicles. The MMPA announced its…
China’s continued absence from dairy market weighs on milk prices
China’s continued absence from the dairy market is continuing to undermine a recovery in milk prices. Despite this, both IFA and ICMSA have warned milk processors that farmers cannot afford any further cuts to milk price and believe the market has recovered. It comes as Ornua said its returns declined again in May based of…
Milk inflation still more than double the headline rate
Despite some moderation, retail inflation in milk is still more than double the headline inflation rate. Almost all the milk products are seeing very high inflation with ghee leading the pack. Though industry insiders say that prices have started coming down and will soften further, they are still anxious about the impact of a late…