Nandini milk price expected to go up by ₹3 a litre from August 1
The consumer price of Nandini brand milk being sold by the Karnataka Milk Federation (KMF) is set to go up by ₹ 3 a litre from August 1, as the government has given its consent for the rise at a meeting on Friday, according to KMF president Bheema Naik. A formal notification regarding the increase in…
NDDB, GCMMF organise Jan Bhagidari event on women
NDDB and GCMMF, and W20 organised a one-day event on Jan Bhagidari – Women-led Sustainable Development through Dairy Cooperatives under W20, an official engagement group of G20 at NDDB, Anand on 20 July 2023. On the occasion, Jagdish Vishwakarma, Minister of State for Cooperation, Government of Gujarat said that women should take the lead in…
Dodla Dairy’s Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we’ll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to…
Startups are producing real dairy without a cow in sight
The global dairy industry is undergoing a remarkable transformation, thanks to the innovation and ingenuity of startups. These companies are challenging the traditional methods of dairy production by creating real dairy products without a cow in sight. Using advanced techniques such as precision fermentation, these startups are revolutionizing the way we think about dairy and…
Why Is Single Origin Milk A Hit With The Masses? Find Out
Milk sourced from a specific region or farm, offering distinct qualities and flavours is called Single Origin Milk. It is the current rage among weight watchers, fitness freaks and people who just want to live healthily, that includes almost half of the world’s population. For the uninitiated, its benefits to consumers include traceability, knowing the…
First-ever credit guarantee scheme for livestock sector launched
The government has launched the first-ever “Credit Guarantee Scheme” for the Livestock Sector for rebooting the rural economy by leveraging Micro, Small & Medium Enterprises (MSMEs). For operationalising the scheme, the Department of Animal Husbandry & Dairying (DAHD) has established a Credit Guarantee Fund Trust of Rs 750 crore, which will provide credit guarantee coverage…
Dairy Report: All-Milk Prices Continues its Descent
Lower milk prices continue to be the story for the dairy industry, and USDA is predicting this trend will continue for a while. Forecasters once again cutting this year’s all-milk price projections in the latest supply and demand report, dropping the price 40 cents to $19.55 per cwt. Milk production projections for 2023 were left…
Cooler Weather Halts Milk Crisis
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise. Between January and March, India was facing a shortage of milk products such as butter and ghee, raising prospects of imports in a country that is the world’s largest supplier of liquid milk. Today,…
Bengal govt to build Rs 65 cr greenfield modern dairy project
The West Bengal government will build a greenfield modern dairy project worth Rs 65.48 crore at Haringhata in Nadia district, the first since 1970s. Ice Make Refrigeration Limited has received the turnkey contract from West Bengal Livestock Development Corporation Limited (WBLDCL), which is the executing agency for Banglar Dairy Ltd, owned by the state government’s…
Amul model of 75 % remuneration to milk producers superlative
Union Minister of State for Animal Husbandry, fisheries and Dairy, Parshottam Rupala, on Tuesday hailed the Amul model of paying 75 per cent remuneration to milk producers as “superlative”, as it is rooted in the “culture of animal rearing” of India. Stating that “worshipping diversity” is a part of India’s culture, Rupala also urged people…