DAIRY NEWS Global dairy price index jumped up by 3.6% first time after July 7th
Global dairy price index jumped up by 3.6% for the first time after July 7th. Last time it got surged by 8.3%. This price increased happened yesterday at the 268th fortnightly auction event at Global Dairy Trade . Most of the dairy commodities except Lactose and Butter showed an upward trend. Interestingly Skimmed milk powder…
Remembering Dr Kurien is not enough : Lets walk the talk
We all remembered Dr Kurien on his eighth death anniversary on September 9th. It is quite apt to revisit the key principles which he so fondly embeded in the DNA of of NDDB and later operation flood program. Dr Kurien shared three golden principles tin his autobiography which paved the way of dairy development in…
Amul plans to sell up to 4 mn litres of milk across the Southern region
Reported by Nidheesh MK and Sharan Poovanna For decades, legacy dairy cooperatives have dominated the southern states and made a tidy profit selling milk. Now, India’s largest dairy brand, Amul, is making a push to expand in the south, which could shake up the milk industry in the five states of the region. Amul, the force…
Women dairy farmer’s stories told through videos in Australia
The Visible Farmer film project is travelling around Australia to record stories about the women behind food and fibre production, and the vital, innovative role they play. “We’re hoping this unique documentary series will change perceptions and inspire new generations of women to help shape the future of Australia’s sustainable food production,” producer and director…
Dairy showing double digit growth for last 24 weeks in US markets
“Dairy sales have been around 14% above year-ago levels for several weeks now,” said Abrielle Backhouse, research coordinator with the International Dairy Deli Bakery Association. “That means 24 weeks of double-digit growth on the books for 2020, and importantly, this was due to strong shopper metrics all the way around,” continued Backhouse in an August…
Women dairy farmer’s stories told through videos in Australia
The Visible Farmer film project is travelling around Australia to record stories about the women behind food and fibre production, and the vital, innovative role they play. “We’re hoping this unique documentary series will change perceptions and inspire new generations of women to help shape the future of Australia’s sustainable food production,” producer and director…
Amul steering sweet revolution after white revolution by launching natural honey
Amul is now toying with the idea of bringing out its own branded honey. Amul has recently forayed into several non-dairy branded food segments . These are edible oils, ready-to-eat snacks, bakery products and chocolates. It would be an an extension of the existing agri-value-chain for more than 36 lakh milk producer members in Gujarat. Amul…
Self reliance is already a part of our national ethos : Dilip Rath , NDDB
The coronavirus pandemic has heavily disrupted global supply chains largely dependent on the Dragon Kingdom. Be it telecom supplies, Rare Earth minerals, Active Pharmaceutical Ingredients (APIs) and other key elements, disruptions in supplies have led to shortages of key items. In turn, varied sectors have had to suspend operations while prices soared due to these…
Heritage foods shows an upward trend in Gross margins and EBIDTA
Heritage Foods (HFL) has doubled from its March low (down 58% from its January-2018-high). FY20 was a challenging year owing to a harsh season, which dragged down core Ebitda by 32% y-o-y. That said, we remain convinced about HFL’s prospects following: (i) Margin revival on the back of benign milk prices and pricing power to…
FSSAI to closely monitor promotional activities of Infant milk substitutes
The Food Safety and Standards Authority of India (FSSAI) has asked all State food safety commissioners to closely monitor the promotional activities of companies that make infant milk substitutes. It has further directed them to take strict legal action if found to be violating any provisions of the IMS Act. Under the Infant Milk Substitutes,…