Nandini milk price expected to go up by ₹3 a litre from August 1
The consumer price of Nandini brand milk being sold by the Karnataka Milk Federation (KMF) is set to go up by ₹ 3 a litre from August 1, as the government has given its consent for the rise at a meeting on Friday, according to KMF president Bheema Naik. A formal notification regarding the increase in […]
Dairy Report: All-Milk Prices Continues its Descent
Lower milk prices continue to be the story for the dairy industry, and USDA is predicting this trend will continue for a while. Forecasters once again cutting this year’s all-milk price projections in the latest supply and demand report, dropping the price 40 cents to $19.55 per cwt. Milk production projections for 2023 were left […]
Cooler Weather Halts Milk Crisis
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise. Between January and March, India was facing a shortage of milk products such as butter and ghee, raising prospects of imports in a country that is the world’s largest supplier of liquid milk. Today, […]
Tiruchi Aavin struggles to woo back milk suppliers
Notwithstanding efforts to bring back farmers who have switched over to private dairies in the recent past, the Tiruchi District Milk Producers’ Union, popularly known as Aavin, is struggling to achieve the normal average milk procurement levels. The procurement generally goes down in April and May due to shortage of green fodder, drinking water for […]
Milk prices won’t fall any further, UK producer warns
UK Supermarkets are now charging around £1.45 for four pints Arla is warning shoppers that they are very unlikely to slash the price any further The price of a pint of milk is here to stay and Brits should not expect their supermarket shop to get any cheaper, according to the UK’s biggest dairy producer. […]
Arguing against free markets is actually disbelieving freedom itself
I have been hearing the seminal quote by Mahatma Gandhi in Indian context that “Mass Production is production by masses” since I started my career in the dairy industry. It’s almost four decades and even today I find most of the policies are oriented towards protecting the farmers. I am unable to decipher at times […]
Milk prices in the world’s dairy powerhouse India have spiked 15%
Leading milk producer India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for ice cream, and a contagious cattle disease. According to data provided by food commodity price database Mintec, milk prices in India rose from 46 rupees per liter to 53 rupees per liter […]
Supply stable, no chance of milk price hike this summer in Indore
Adequate supplies of milk in summers in Indore region as against an average drop of 10 per cent every year has kept milk prices stagnant, giving respite to consumers from price rise. Every summer, milk cooperatives and private milk suppliers hike milk prices amid shortage in collection but this summer they have ruled out the […]
Aavin : Strike a balance between payment to farmers and pricing
Minister for Dairy Development Mano Thangaraj on Monday said that Aavin will focus on providing good procurement prices to the milk-supplying farmers while ensuring quality products to consumers at affordable costs. Addressing presspersons after reviewing the functioning of the department and the Tamil Nadu Cooperative Milk Producers Federation, the Minister who was recently given the […]
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 […]