Australian dairy sector is shrinking – Three lessons for Indian dairy industry

The latest dairy market review report by FAO for the year 2023 unleashed some interesting insights. Three trends were noticed which are worth sharing . 1.In 2023, the FAO Dairy Price Index averaged 123.7, down 17.3% from 2022. 2.In 2023, global milk production rose by 1.5% to 965.7 million tonnes, driven mainly by growth in […]