GDT Auction Sees Stable Milk Powder Prices Despite New Tariffs
In the latest Global Dairy Trade (GDT) auction, milk powder prices remained steady, demonstrating resilience in the face of newly implemented tariffs. This auction was closely watched by industry stakeholders, as it marked the first trading event since the introduction of these tariffs, which were anticipated to impact global dairy trade dynamics. Market analysts had […]
China’s demand for milk powders picks up
China continues to cut back on its purchases of milk powders in the global market, a worrying sign for dairy-exporting countries, especially Oceania. However, a shift in the type of dairy products that China continues to purchase could be good news for U.S. dairy exporters if trade wars don’t erupt under the new Trump administration. […]
MP Dairy Fed offer surplus milk powder for mid day meal in schools
The problem of plenty The Madhya Pradesh State Cooperative Dairy Federation (MPCDF) is seeking to manage its surplus of around 3 lakh liters of unsold milk daily by converting it into butter and skimmed milk powder. Due to low market prices, these byproducts accumulate, creating mounting stocks. To address this, MPCDF has proposed that the […]
Govt has no plans to import milk powder, opposition making false claims: Amit Shah
Union minister Amit Shah on Sunday said the Centre has no plans to import milk powder and accused the opposition Maha Vikas Aghadi of spreading false information. Speaking at the BJP’s Maharashtra convention in Pune, Shah, who holds the home and cooperation portfolios, said an old, undated notification was doing the rounds and MVA had cited it to claim that the […]
10,000 metric tons of milk powder import quota to address food inflation
The Indian government has announced a series of measures to allow limited imports of key agricultural commodities under tariff-rate quotas (TRQs), aiming to curb rising food inflation. The decision, made public on Wednesday, permits the import of specific quantities of corn, crude sunflower oil, refined rapeseed oil, and milk powder at reduced or zero duty […]
Firm milk prices key threat to falling inflation
Even as retail inflation is expected to start easing from April to about 5% if not lower thanks to broad-based fall in prices, elevated milk prices could play spoilsport, with analysts expecting milk inflation to remain near double digits at least through the summer. Despite India being the largest milk producer since 1998, the commodity […]
Government wants you to ditch oil for ghee
The Union Government is looking to promote use of ghee as a cooking medium, to replace the use of palm oil and other edible oils, and the reason is not just health. Government sources have told CNBC TV18 that use of more ghee as a cooking medium will not just save foreign exchange by saving on edible […]
Milk powder and ghee to be part of Free kits for Ration shops in Kerala
The Kerala Milk cooperative ( MILMA) has recommended the Kerala government to include 200gm milk-powder and 100gm ghee in the free kit being distributed through the state’s ration shops amid the COVID-19 pandemic. For distributing 200gm Skimmed Milk Powder and 100gm ghee through every kit, Milma propose to use the excess procurement of milk. Milma […]