China’s Appetite for Consumer Dairy Products Grows
China’s economic growth has slowed dramatically from pre-pandemic gains as the country continues to implement Covid restrictions. China’s appetite for some dairy products, however, has grown as consumers look to value-added products and the country’s pork industry recovers following devastating outbreaks of African swine fever that began in 2018. According to Sarina Sharp, analyst with […]
Exports of Indian dairy products top $500-million mark, hit eight-year high
Indian dairy exports are estimated at an eight-year high in FY22 on strong demand, helped by higher global prices. Provisional data for the first eleven months, from April 2021 to February 2022, indicates that shipments have touched 1.70 lakh tons valued at more than 552 million dollars, a growth of 93% in value and 63% […]
Global dairy prices move further up by 4.1% since mid January at GDT
Dairy prices continued their march higher at the latest Global Dairy Trade auction, the GDT price index jumping 4.1 per cent from the last auction in mid-January. The price of whole milk powder – which has the biggest influence over Fonterra’s farmgate milk price – gained 5.8 per cent to US$4324 a tonne, revisiting levels […]
Global dairy prices move further up by 4.1% since mid January at GDT
Dairy prices continued their march higher at the latest Global Dairy Trade auction, the GDT price index jumping 4.1 per cent from the last auction in mid-January. The price of whole milk powder – which has the biggest influence over Fonterra’s farmgate milk price – gained 5.8 per cent to US$4324 a tonne, revisiting levels […]
Global dairy prices are at 8-year high as supply tightens
Dairy prices jumped 4.6 per cent at the global auction overnight to hit an eight-year-high, as tight milk supply stokes demand for New Zealand’s biggest export commodity. The Global Dairy Trade price index rose to 1397, its highest level since March 2014. The average price for whole milk powder, which has the most impact on […]
Global dairy prices are at 8-year high as supply tightens
Dairy prices jumped 4.6 per cent at the global auction overnight to hit an eight-year-high, as tight milk supply stokes demand for New Zealand’s biggest export commodity. The Global Dairy Trade price index rose to 1397, its highest level since March 2014. The average price for whole milk powder, which has the most impact on […]
Temples in TN to procure ghee and butter from Aavin only for prasadam
The Hindu Religious and Charitable Endowments (HR and CE) department has directed temples under its purview to procure ghee and butter from Aavin to light lamps and make Neivedhyam (offering for the deities) and prasadam. In an order issued to temple joint commissioners and executive officers, Commissioner J. Kumaragurubaran said that this was to ensure quality of food […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
Decline in global dairy price index at GDT continues for last 90 days now
Global dairy price index declined in sixth consecutive fortnightly session after April 6th . The price of AMF , Butter and SMP have declined from USD 6209 USD 5776 and USD 3367 per MT; to USD 5632, USD 4458 and USD 3126 per MT respectively in last 90 days. Cheddar Cheese and Lactose have declined […]
KMF slashes prices of dairy commodities like SMP, Butter and ghee
In some good news for KMF (Karnataka Milk Federation) consumers, the Milk body has reduced the price of some of the premier products of its famous Nandini Milk brand. Accordingly, the price of Nandini Ghee has been reduced from Rs.470 to Rs.450 a kg, a Reduction of Rs.20 a kg. Likewise, the price of Butter, […]