Global Dairy Prices Surge: WMP Hits Highest Since April 2022
In the latest Global Dairy Trade (GDT) auction, global dairy prices experienced a significant upswing, with the overall price index rising by 4.6% to an average of US$4,516 per metric tonne. This marks the most substantial increase in recent months, driven by robust demand and constrained supply. Whole Milk Powder (WMP), a key export product…
India-UK FTA Excludes Duty Concessions on British Dairy Imports
India and the United Kingdom have finalized a Free Trade Agreement (FTA) after negotiations that began in January 2022. A significant aspect of this agreement is India’s decision to exclude import duty concessions on sensitive agricultural products, notably dairy items such as milk, cheese, and apples. This move aligns with India’s consistent policy to protect…
CM Yadav for high-yield cattle variety to double milk production
With a view to doubling milk production in Madhya Pradesh, the state is devising a comprehensive plan to import superior breeds of cattle from other regions, ensuring their availability to local farmers. Madhya Pradesh Chief Minister, Dr Mohan Yadav has urged officials to accelerate efforts in boosting milk output, reaffirming his commitment to elevating the…
NZ’s School Milk Programme enables Export of Nutritional Dairy Products
A new Indonesian school milk programme is expected to significantly increase the country’s total dairy consumption, creating opportunities for New Zealand and other global dairy players, according to a new report by food and agribusiness banking specialist Rabobank. Rabobank said the recently elected Indonesian government has introduced a range of policy measures with the potential…
Kerala Dairy Farmers Push for Milk Procurement Price Hike Amid Cost Pressures
Dairy farmers in Kerala have formally demanded a revision of the milk procurement price, citing unsustainable production costs and stagnant procurement rates since 2022. The Kerala Cooperative Milk Marketing Federation (Milma) currently pays farmers ₹46.93 per litre for milk, of which ₹42.69 goes directly to producers. However, with rising costs for cattle feed, veterinary services,…
FMCG Distributors Warn Dairy Firms Over Deep Discounting to Q-Comm
The All India Consumer Products Distributors Federation (AICPDF) has raised strong objections to FMCG companies, including dairy firms, for offering deep discounts and exclusive schemes to direct-to-retail (D2R) and quick-commerce platforms—undercutting traditional distributors. The Federation has threatened nationwide agitation starting May 15 if parity is not restored across distribution channels. Dairy players—especially large brands with…
Unseasonal Rains Hit Demand for Dairy-Based Summer Products Across Key Markets
India’s dairy and FMCG sectors are witnessing a sharp dip in demand for summer-centric dairy beverages and products like ice creams, flavored milk, and lassi due to unexpected rains and cooler weather in North India. According to the Retailers Association of India (RAI), sales of summer categories—including dairy-based refreshment drinks—have fallen by 15% over the…
UP CM Pushes for Self-Reliant Cow Shelters and Fodder Banks
Uttar Pradesh Chief Minister Yogi Adityanath has announced a renewed focus on making cow shelters (gaushalas) economically self-reliant through income-generating activities such as organic farming, biogas production, and composting. This directive was issued during a key review meeting in Lucknow with officials from the animal husbandry and rural development departments. Highlighting the economic and cultural…
Parag Milk Foods Q4 Net Profit Climbs to ₹26 Cr;EBIDTA to 8.2%
Parag Milk Foods Ltd. has reported a standalone net profit of ₹26 crore for Q4 FY24, signaling a turnaround in operational efficiency and cost controls within the private dairy sector. EBITDA improved by 69% to Rs 75 crore in Q4 FY25 from Rs 45 crore in Q4 FY24. EBITDA margin was 8.2% in Q4 FY25…
The FAO Dairy Price Index rose to 152.1 points in April 2025
The FAO Dairy Price Index rose to 152.1 points in April 2025, marking a 2.4% increase from March and a significant 28.4% rise compared to the same period last year. Butter prices reached an all-time high, driven by reduced inventories and strong milkfat demand in Europe, despite seasonally higher milk production. Skimmed and whole milk…