Canada doubles dairy tariffs ahead of Trump talks
Trump often rails against Canada’s prohibitively high dairy tariffs. He’s about to get angrier. That’s because last week, the Canadian Senate passed new legislation, years in the making, which bars the government from negotiating away its dairy protectionism in future trade agreements. The bill’s timing was no accident. Canada wants a carve-out from Trump’s tariffs and hopes to […]
Milk production Doubles in a decade in Jharkhand
In the 2014-15 financial year, the state’s annual milk production capacity stood at 17.34 lakh tonne. A decade later in 2023-24, it reached 30.25 lakh tonne. The per capita availability of milk also saw a significant hike to 209 gram per day at present, compared to 137 gram per day in 2014-15. The tribal heartland of […]
Capacity of Amul chocolate factory to be doubled: GCMMF MD Jayen Mehta
Amul’s chocolate factory in Gujarat is being expanded to double the quantum of chocolates it currently produces. “We are doubling the capacity of the chocolate plant. When Prime Minister Narendra Modi had come to Mogar in 2018, we had increased the capacity by five times. That capacity got exhausted in two years. Since the last one […]
Fonterra’s profit more than doubles on demand for dairy ingredients
New Zealand’s Fonterra Co-Operative Group (FCG.NZ) on Thursday reported a more than doubled annual profit on strong margins from its cheese and protein portfolio, and declared a higher final dividend, sending its shares higher. The world’s biggest dairy exporter also benefited from higher product pricing and strong demand for its dairy ingredients and foodservice channel. The company […]