Sudha milk to get dearer by Rs 3 per litre from April 24 in Bihar
Consumers in Bihar will have to pay more for Sudha milk from April 24 as the Bihar State Milk Cooperative Federation Limited (Comfed) has decided to hike milk prices. The new rates, which have already been implemented, will affect all types of milk and will see an increase of Rs 2 to Rs 3 per […]
Inflation to consumer is income to the farmers : Jayen Mehta
How does the milk prices move from here onwards was being asked to Jayen Mehta MD Amul by CNBC TV 18. His answer was straight . he told this time to be a tight rope walk for all the dairy players. https://youtu.be/f1aZH-alhSU He further added that Amul has increased milk prices 6 times in last […]
DAIRY NEWS Retail price of milk in India has increased by 12% in an Year
Milk is ubiquitous in India — from the morning glassful that most middle class school kids glug to its use in Hindu religious rituals. Now it could become a headache for Prime Minister Narendra Modi’s government as prices soar. The average retail price of milk in India has increased by 12% from a year ago […]
Retail price of milk in India has increased by 12% in an Year
Milk is ubiquitous in India — from the morning glassful that most middle class school kids glug to its use in Hindu religious rituals. Now it could become a headache for Prime Minister Narendra Modi’s government as prices soar. The average retail price of milk in India has increased by 12% from a year ago […]
Amul’s price revision is a battle against soaring costs
Gujarat’s Amul has courted controversy as a ‘challenger’ to Karnataka’s homegrown Nandini, but the dairy giant is struggling due to rising costs, farms shutting down. Shibam Dairy in Gopalpura village in Gujarat’s Anand district. It is owned by a businessman who invested Rs 11 cr five years ago, but is still waiting to see profits […]
Britain’s Tesco cuts price of milk for first time since 2020
Britain’s biggest supermarket group Tesco has cut the price of milk for the first time since May 2020, a possible early sign that a surge in food inflation may abate in the coming months. In March, grocery inflation rose to a record 17.5%, according to market researcher Kantar, with prices rising fastest for products such as milk, cheese […]
What does data tell us about spike in milk prices?
When read with wholesale inflation for dairy products, there seems to be a close connection between rise in fodder and dairy product inflation Anecdotal accounts of dairy products being unavailable in markets combined with high inflation for milk and milk products, recent speculation about the government allowing milk imports, and its subsequent refutation by the […]
Milk prices up by 10.5% from a year ago
Inflation in the prices of milk and milk products has accelerated almost continuously for the last 20 months and, in the last five months, it has consistently surpassed the overall level of price rise in the country. The reason for this, according to people closely associated with the milk industry, could be a combination of […]
In Jan 23 milk and cream imports jumped 1,024 % $4.87 millions
Milk prices, which have been on the uptrend in the country, could soon hit an all-time high, forcing the world’s biggest producer to step up imports to boost supplies and ease cost of living pressures. Farmers are wrestling with a rare double whammy: a lethal condition called lumpy skin disease in their cows and a […]
SUMUL Dairy hikes purchase price of cattle milk by Rs 30
In the highest hike in its history, Surat District Co-operative Milk Producers’ Union Ltd, commonly known as SUMUL dairy, Tuesday increased the purchase price of per kilo fat of cattle milk (both cow and buffalo) from dairy farmers of Surat and Tapi districts by Rs 30. As a result, farmers will get Rs 780 per […]