Inflation in Feb 6.44% on prices of cereals, milk
A hike will add to the cumulative rate hike of 2.5 percentage points since May 2022 and is bound to generate growth headwinds for what is already a slowing economy. India’s benchmark inflation number, as measured by the Consumer Price Index (CPI) grew at 6.44% in February on the back of sticky core inflation, and […]
Dairy farmers take pride in being backed with Dairy Pride Act
The stakes are high for a re-introduced bill named The Dairy Pride Act. An FDA ruling in February allowed soy and nut beverages to be called milk, but it has caused quite a stir among farmers and lawmakers in Wisconsin. How milk is defined is currently up for debate, depending on who you ask. David […]
Soy, oat, almond, others can be called milk, FDA proposes
Soy, oat, almond and other drinks that bill themselves as “milk” can keep using the name, according to draft federal rules released Wednesday. Food and Drug Administration officials issued guidance that says plant-based beverages don’t pretend to be from dairy animals – and that U.S. consumers aren’t confused by the difference. Dairy producers for years have called for the […]
Despite price increases, dairy products continued to over perform in 2022
Dairy staples like milk, yogurt, and cheese continued to dominate the dairy segment in 2022, though numbers aren’t at pre-pandemic levels yet. Still, innovations in many dairy products are helping the category see increases as 2023 approaches. In its latest report, the International Dairy Deli Bakery Association (IDDBA) showed dairy sales were up 20% at […]
The Amul way or the MSP way?
The Amul example shows how the co-operative model has created an enabling environment for milk producers. Himachal Pradesh, where the new CM has promised an MSP for milk, should take a cue After the Congress won the Himachal Pradesh elections, chief minister SS Sukhu promised a Minimum Support Price (MSP) for milk. “We will streamline milk procurement, offer to […]
23 Reasons to Keep Dairy in Your Diet in 2023
Admit it, we’re all guilty of entering that “new year, new me” mentality when the clock strikes midnight on New Year’s Eve. According to The Statistics Portal, eating healthier, exercising more and losing weight were the three most popular New Year’s resolutions in 2022, followed by saving more and spending less money. Fortunately, keeping dairy […]
Procurement price of milk increased to ₹37 per litre in Puducherry
The Puducherry government has decided to increase the procurement price of milk from ₹34 a litre to ₹37 a litre. Addressing a press conference with Speaker R. Selvam and Cabinet colleagues, Chief Minister N. Rangasamy said dairy farmers would be given ₹3 more per litre of milk they produced. The government had also decided to […]
November saw moderation in inflation but not in all the states
Retail inflation measured by the year-on-year change in Consumer Price Index (CPI) moderated sharply to 5.88 percent in November from 6.7 percent in October. This is the first print below 6 per cent, the upper threshold since January this year. The decline was due to moderation in food prices. Food prices eased on account of […]
Breast milk sales picking up in India. Is it dairy or Ayurveda?
Imagine a 15 ml bottle, the size of an eye drop medicine, or those shampoo sachets commonly found in neighbourhood shops. Now imagine these bottles and sachets carrying breast milk for newborns without the need to put them in freezers. The childcare industry in India has new entrants. And this time, they claim they are not […]
Retail inflation for milk is high, higher for dairy products
Inflationary pressures on milk remain unabated as Mother Dairy has decided to hike prices on two of its milk variants, effective Monday. While milk prices have been on the rise this year, dairy products such as curd and ice cream have witnessed even higher levels of inflation. The rise in milk prices this year is […]