Fuel cost fuelled Transportation cost for dairy sector by 50 % per litre
Marred by inflation, dairy companies and cooperatives have increased milk prices, much to the woes of the end-consumer. Amul, revised milk price by Rs 2 per litre, in Ahmedabad and Saurashtra in Gujarat and Delhi NCR; with effect from July 21. Others such as Mother Dairy and Gokul, too, have hiked prices. Mother Dairy has also […]
Global oil price hike passed to consumers Will that happen with food too?
Brent crude prices crossed the $75-per-barrel psychological level last week and closed at $76.18 on Friday, the highest since October 29, 2018. While the increase in international oil prices – Brent was trading at just over $41/barrel a year ago – is being fully passed on to Indian consumers, it raises a related question: Will […]
Global oil price hike passed to consumers Will that happen with food too?
Brent crude prices crossed the $75-per-barrel psychological level last week and closed at $76.18 on Friday, the highest since October 29, 2018. While the increase in international oil prices – Brent was trading at just over $41/barrel a year ago – is being fully passed on to Indian consumers, it raises a related question: Will […]
Food inflation in India to increase as milk, chicken may cost more
Food inflation in India will probably accelerate in the coming months on stronger prices of fruits, vegetables and chicken following poor supplies, according to a top executive of the nation’s biggest animal-feed company. Weaker prices of animal protein due to poor demand from bulk users like hotels and banquets, which account for one-third of total […]
DAIRY NEWS Dairy Supply chains adapting to changing consumer behaviour during Covid-19 : A Report from US
COVID-19 is dramatically affecting consumer habits and dairy supply chains as food service demand plummets and grocery sales surge. Consumers struggling with job losses and economic uncertainty quickly returned to buying basic dairy products like fluid milk, commodity cheese and butter. A new report from CoBank’s Knowledge exchange indicates that consumer behaviour will be different for the […]