Japanese dairy group warns of possible milk glut
A Japanese dairy industry group says producers fear an oversupply of milk towards winter despite production adjustments in the face of falling demand. The Japan Dairy Association on Friday released its latest supply-demand estimate for the year through March. The association says raw milk production will fall by 1.5 percent on the year to 7.41…
Changing Bio Debuts Microbial Dairy: No Need for Pastures’
Changing Bio has debuted its novel microbial protein-based cream and cheese made from yeast. The products were launched at the 25th China International Bakery Exhibition, the world’s largest professional exhibition for the bakery food and sugar products industry. The news follows the company’s $22 million Series A funding round last year — the largest in…
“In this climate crisis, the dairy industry has no right to exist”
The Jewish holiday of Shavuot, with its popular custom to consume dairy dishes, has become linked with marketing the local dairy industry in Israel, reflected in the packing of supermarket shelves with special offers and festive launches. However, local products that seek to challenge the industry will soon land in Israel’s supermarkets: dairy products without…
In Talks With Jayen Mehta, MD, Amul | BW #OnTheRoad
In the inaugural episode of BW #OnTheRoad, we bring you an exclusive interaction with Jayen Mehta, Managing Director, Amul with Arjun Yadav of BW Businessworld. Amul, the country’s largest dairy producer, is ready to level up and enter the competitive Indian FMCG space. https://youtu.be/bmNlN9h4IVQ t is also eyeing the Rs 1 lakh crore revenue milestone by…
Fonterra cuts this season’s milk price-lower price for next season
Fonterra announced a lower opening milk price for farmers next season and also cut its forecast for this season as Chinese demand lags behind pre-pandemic levels. The co-operative expects to pay farmers between $7.25 and $8.75 per kilogram of milk solids for the season starting next month. The $8 per kgMS mid-point, which farmers are…
Dairy sector can take India closer to its net-zero goals
The dairy sector’s contribution to India’s economy is significant, making it a crucial sector for the country’s overall growth and development. It provides employment opportunities to millions of people, particularly in rural areas, and contributes to the country’s food security. However, the sector’s growth has come at a considerable cost to the environment, with increasing…
Milk prices in the world’s dairy powerhouse India have spiked 15%
Leading milk producer India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for ice cream, and a contagious cattle disease. According to data provided by food commodity price database Mintec, milk prices in India rose from 46 rupees per liter to 53 rupees per liter…
Milk Procurement Price Down 10% Retail Rates Unchanged
Several dairies from Maharashtra and northern India have reportedly slashed milk procurement prices by 10 per cent. While these milk prices have been brought down in the last fortnight, consumers are reportedly not expected to get any benefit of this as retail rates remain unchanged. According to a report in the Economic Times, the only…
FSSAI to conduct nationwide surveillance of milk, milk products
In a bid to check adulteration, the Food Safety and Standards Authority of India (FSSAI) on Thursday said it will conduct nationwide surveillance of milk and milk products. The surveillance, to be conducted on a large scale, will involve collecting samples from both the organised and unorganised sectors in all districts countrywide. Samples of products…
J&K Dairy Farmers Association highlights achievements, demands
On completion of an year since its formation, Jammu & Kashmir Dairy Farmers Association today highlighted its achievements and demands seeking Government help for further promotion of dairy sector in J&K. While talking to media persons, here today, President of JKDFA, Kulbhushan Khajuria demanded that infrastructure should be developed for cattle mandi; one in Kashmir…