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…
Assam Procures 1.16 Lakh Sexed Sorted Semen To Boost Dairy
Assam Chief Minister Himanta Biswa Sarma said on Tuesday that the government has procured 1.16 lakh sexed sorted semen in a bid to increase female calf population to boost the dairy industry. The state government has set an ambitious target to increase milk production manifold pursuing the models of states like Gujarat, said CM Sarma….
Milk price cuts could halve dairy farm incomes in 2023
A sharp reduction in milk prices and very high production costs could see dairy farm incomes halved in 2023, compared to the very high levels last year. The family farm income (FFI) for Irish dairy farmers increased by 53% to an average of €150,884 last year, which was driven by a significant rise in milk…
Revive Amul model in T.N.: dairy farmers
Milk-pouring farmers want the Amul model of cooperative set-up and systems to be revived in the Tamil Nadu Cooperative Milk Producers Federation (TNCMPF). This includes visits of veterinarians to farms to treat cattle in case of emergencies, provision of free medicines on a regular basis, installation of trevis (the steel frame inside which the cattle…
Time to privatize Dairy Development Corporation(DDC) in nepal
In an agricultural country like Nepal, where 66% of the population are farmers, and livestock covers 32% of agricultural GDP, one would expect the dairy industry to flourish as a testament to their toil. Yet, reality paints a different picture, revealing a disheartening tale of missed opportunities and untapped potential. The Milk Industry in Nepal…
Global milk production still ‘growing’ – Rabobank : Agriland
There is likely to be lower milk production in the EU and the US during 2023 which could “stabilise” global market prices, according to a new report from Rabobank. Overall global milk production is still rising but, according to the bank, it is “losing momentum”. In its latest Global Dairy Quarterly report, Rabobank also warned that there are signs…
Political Line | Cashing in on cows
Cow protection has created a new interest group that has incentives to keep the conflict lingering Cow protection is an emotive issue, but its economic aspects, though rarely discussed, are more important. Farmers who would sell unproductive cattle heads, are now denied of that good income in places where stringent restrictions on sale and transport…
Centre identifies 1.24 lakh panchayats to set up PACS
The Centre has identified over 1.24 lakh gram panchayats, where there is either no PACS or dairy cooperative or both, where it will accord top priority to facilitate setting up Multi-purpose Primary Agricultural Credit Societies (M-PACS) in the next two years. Out of 2,69,364 gram panchayats in the country, there were 96,405 panchayats where there…
Synthite to introduce plant-based dairy alternative
Synthite the largest manufacturer and exporter of value-added spices, oils, and oleoresins — has entered into the manufacture, sales, and distribution of branded plant-derived nutrients and plant proteins. The company has set up Pfoods Pvt. Ltd, a food-tech joint venture with the Indian Institute of Science (IISc), and PMEDS, a US-based nutraceutical company. The company…