Britain’s Tesco cuts price of milk for first time since 2020
Britain’s biggest supermarket group Tesco has cut the price of milk for the first time since May 2020, a possible early sign that a surge in food inflation may abate in the coming months. In March, grocery inflation rose to a record 17.5%, according to market researcher Kantar, with prices rising fastest for products such as milk, cheese…
What does data tell us about spike in milk prices?
When read with wholesale inflation for dairy products, there seems to be a close connection between rise in fodder and dairy product inflation Anecdotal accounts of dairy products being unavailable in markets combined with high inflation for milk and milk products, recent speculation about the government allowing milk imports, and its subsequent refutation by the…
Amul Vs Nandini: What’s The Hue And Cry About
The 16th edition of the Indian Premier League (IPL 2023) is currently underway engulfing the nation with interesting matches amidst the slugfest. But India is currently glued to another interesting match between dairy players Amul and Nandini, that has emerged with a massive political outrage with Amul’s entry into the Bengaluru market. Amul Vs Nandini,…
Mother Dairy announces aggressive plans for VAD segment
Mother Dairy Fruits and Vegetable Pvt Ltd is gearing up to strengthen its value-added dairy play with aggressive plans to launch nearly 100 products in the next three years. The leading milk and milk products major, on Tuesday, announced its new portfolio with over 15 new products for the summer season of 2023. The company…
Baroda Dairy director Maharaul quits Congress, joins BJP
Ahead of the crucial election to the post of chairman and vice-chairman of the Baroda District Co-Operative Milk Producers’ Union Limited (Baroda Dairy) on April 13, one of the directors, Kripalsinh Maharaul, on Monday quit the Congress party and joined the BJP in Gandhinagar, along with five others from rural milk producer unions of the…
How digital financing is reaching dairy farmers
Digitalisation has proven to be a significant stepping stone to success in countless sectors and the past two years have only strengthened the digital outlay of India. Digital assets across the Indian economy have doubled over the past 15 years, as firms diverted from not only investing in IT but also digitising their physical assets,…
Innovation: The Indian dairy industry’s need of the hour
The Indian dairy business needs innovation now more than ever. Even though the dairy business has had difficulties lately, there is a growing market for dairy products. India is well-positioned to lead the dairy industry as a major player in the global market, following which India is the world’s largest producer of milk, and the…
National Dairy Mela evokes good response in Karnal
Scientists delivered lectures on natural farming, diseases of dairy animals, animal nutrition, how to produce clean milk, value addition and processing of milk, fodder production and management, breeds of dairy animals, integrated farming system, and how to keep the soil healthy The National Dairy Mela, being organised at the ICAR-National Dairy Research Institute here, evoked…
Milma milk procurement dips as summer peaks in Kerala
With summer reaching its peak, milk procurement has seen a slight dip across the State, while there is no scarcity of supply by milk cooperative Milma. While there appeared to be a fall in milk production due largely to the weather condition, arrivals from other States too had been affected marginally as milk production had…
Currently No Plans to increase milk prices : Jayen Mehta MD Amul
GCMMF, which sells dairy products under the Amul brand, expects a 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said. The Gujarat Co-operative Milk Marketing Federation Limited (GCMMF) has registered a turnover of Rs 55,055 crore in 2022-23, an increase of 18.5…