Goa Dairy mulls hike in milk rates from Apr 16 after Amul’s raise
After the Gujarat Cooperative Milk Marketing Federation (GCMMF) hiked the price of its milk brand Amul , Goa Dairy is also likely to follow suit and increase its rates from April 16. The administrators’ committee of Goa Dairy, that had met on Thursday, has resolved to raise the milk price. Farmers who supply milk to Goa Dairy…
New organic dairy rule taps down on how to expand herds
A major rule change was rolled out this week for the rapidly growing organic dairy industry in the United States. The USDA Origin of livestock rule announced this week puts a premium on cows used to produce organic milk. Those cows likely become the “few and the proud” as cows under conventional care will only once…
India-UAE CEPA: Sensitive dairy goods kept out of FTA
India has kept sensitive dairy products out of the purview of its free trade agreement (FTA) with the UAE and pledged phased reduction of tariffs on certain key farm and food items, mainly meat, to safeguard the interests of domestic players. The details of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) show New Delhi, which…
Russia-Ukraine Crisis Could Lower Global Dairy Consumption
The Russian invasion of Ukraine could also have an impact on the dairy supply chain. In addition, inflation in dairy markets could begin to weaken consumption, especially in Russia and low-income nations. The analysis coming from Betty Berning with the Daily Dairy Report. According to Rabobank, Russia and Ukraine are responsible for 18% of global…
New organic dairy rule taps down on how to expand herds
A major rule change was rolled out this week for the rapidly growing organic dairy industry in the United States. The USDA Origin of livestock rule announced this week puts a premium on cows used to produce organic milk. Those cows likely become the “few and the proud” as cows under conventional care will only once…
Amul set to taste Rs 60,000-crore-sales mark in FY22
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its products under the Amul brand, will cross the Rs 60,000-crore mark in total sales this fiscal, up 13% on year. RS Sodhi, managing director, GCMMF, told FE that the jump in sales would be on the back of products like butter, cheese, milk, curd, ice creams and other…
Ice-cream makers upbeat about hot sales this year
Easing of Covid curbs and predicting of higher mercury levels to propel the sales After witnessing two consecutive years of lacklustre sales in summers, ice-cream makers are upbeat about their business this year. The relaxation of Covid restrictions across the country coupled with the prediction of a very hot summer is likely to augur well…
The fundie betting on the end of cow milk by backing up Remilk Israel
When Jackie Taranto, Gilad Grinbaum and Yaniv Izaki set up Paradigm Shift Asset Management it was predictable that their first investment would involve a global industry being turned on its head. The fundie backed an Israeli start-up, Remilk, because of its potential to cause a paradigm shift in the $US916 billion global dairy industry by…
Cadbury Dairy Milk chocolate bar is hit by shrinkflation
Shoppers are being hit with a bad news onslaught as the cost of living crunch hits like a mugger and Cadbury Dairy Milk chocolate is the latest victim. Supermarket executives have warned that they cannot swallow the rising costs to keep shelf prices the same as inflation reached a 30 year high of 6.2 per…
Aavin consumers complained of not getting cooking butter from parlours
Aavin consumers in the city have complained that they are unable to get cooking butter from parlours. “This has been the situation for over ten days now. Butter is not available over the counter as it used to be. The men in the parlour say we will have to wait and that they don’t know…