Milk prices have started inching upwards as flush season culminates

Prompted by rising milk procurement prices, private dairy companies as well as co-operatives have been making moderate price hikes, according to a report by brokerage ICICI Securities. “While the co-operatives had raised prices in Q3FY22, the dairy companies had deferred the price hikes. We note the private dairy companies have also raised selling prices by ₹2 […]