GDT Dairy Prices Dip 0.9% in Season’s Final Auction
The Global Dairy Trade (GDT) auction on May 20, 2025, concluded the 2024/25 season with a 0.9% decline in the price index, signaling a cautious market sentiment. Cheddar cheese experienced a significant drop of 9.2%, settling at an average of US$5,007/MT, while lactose plummeted by 13.2% to US$1,398/MT. Whole milk powder, a key product influencing…
AI-Driven Startup MooRakshak Boosts Dairy Yields
MooRakshak Bio Sciences, an agritech startup incubated at IIT Kanpur, is revolutionizing India’s dairy sector through precision cattle nutrition. Leveraging AI and image processing, the company provides data-driven, cost-effective feed recommendations tailored to individual cattle needs. This approach has led to increased milk yields, reduced greenhouse gas emissions, and improved farmer incomes. The startup’s platform…
India Eyes Dairy Export Boost Amid U.S. Tariff Shifts
Media reports have suggested that retaliatory tariffs against American dairy may create an opening for India. While such optimism is understandable, a closer look reveals that these expectations warrant a more cautious assessment. India, the world’s largest milk producer, produces about 240 mn tonnes of milk annually. Yet, it accounts for less than 0.5% of…
India to Ease Liquidation of Defunct Dairy Cooperatives
Union Home and Cooperation Minister Amit Shah announced that the central government will soon introduce a policy to expedite the liquidation of defunct Primary Agricultural Credit Societies (PACS) and facilitate the registration of new ones. This initiative aims to revitalize the cooperative sector, particularly in the dairy industry. The government plans to establish 200,000 new…
Dodla Dairy Q4 Profit Surges 45% to ₹68 Cr
Dodla Dairy reported a 45.12% year-on-year increase in consolidated net profit, reaching ₹67.96 crore for Q4 FY25, up from ₹46.83 crore in the same quarter last year. Revenue from operations grew by 15.51% to ₹909.62 crore, compared to ₹787.44 crore in the previous year. For the full fiscal year, the company achieved a profit after…
Comfed Expands Globally as Bihar’s Dairy Network Grows
The Bihar State Milk Co-operative Federation Ltd (Comfed), operating under the Sudha brand, is scaling up its operations with an eye on international markets. Established in 1983 under the guidance of Verghese Kurien, Comfed has transformed from a struggling state initiative into a cooperative with an annual turnover of ₹1,500 crore and profits nearing ₹40…
Revenue of Heritage Foods Soars by 9 percent to 4134 crore
The strong performance of Heritage Foods was attributed to increased market share in key segments such as curd and paneer, expanded distribution, and growth in its value-added products (VAP) portfolio. The VAP segment saw revenue jump 19% YoY to Rs 4,198 million and now contributes 40.6% of the company’s total revenue. Heritage Foods Limited, one…
Plant-Based Dairy Sales Decline Amid Market Challenges
The plant-based dairy sector is experiencing a notable downturn in the U.S. market, with significant declines across various categories. According to SPINS data for the year ending April 20, 2025, the refrigerated plant-based milk market decreased by 4.1% in dollar sales and 4.5% in unit sales, totaling $2.4 billion. Shelf-stable plant-based milk also saw a…
Danone Leads Dairy Sector in Methane Reduction Efforts
Danone has announced a significant milestone in its environmental sustainability efforts, achieving a 25% reduction in methane emissions from its fresh milk supply chain since 2020. This progress positions the company well on its path to meet its ambitious target of a 30% reduction by 2030, aligning with the Global Methane Pledge. As a founding…
U.S. Milk Futures Surge Amid Seasonal Demand
Class III milk futures in the United States have experienced a significant uptick, driven by seasonal demand and rising cheese prices. The surge is attributed to a combination of factors, including increased cheese exports and a shift in market sentiment that has replaced previous discounts with premiums. This positive momentum is further bolstered by tight…