Milk sales dropped from 95 lakh to 50 lakh lpd due to covid second wave
The government needs to intervene help dairies with export incentives to bring stability to the market, he said. Lockdown-like restrictions across Maharashtra due to the second wave of Covid-19 has impacted demand for milk and milk products hitting sales by at least 40-60%. With supply exceeding demand, dairies have reduced their procurement prices by Rs […]
Good Export potential for dairy products from India
A latest surge within the prices of dairy merchandise within the worldwide market has brightened export prospects for India particularly for skimmed milk powder (SMP), fats and butter. The prices have surged to a year-high ranges on the Global Dairy Trade (GDT) auctions – primarily pushed by the consumption push put up Covid-19 unlock measures […]
Milk prices defy seasonal trend as supply pressures build
On Tuesday, skim milk powder (SMP) prices at Global Dairy Trade (GDT), the fortnightly auction platform of New Zealand’s Fonterra Cooperative, averaged $3,243 per tonne, the highest since the $3,264 of August 5, 2014. Vegetable prices have cooled with the usual winter-time increase in supplies of carrots, cauliflower, cabbage, radish, capsicum and peas. Even onions […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
Milk powder prices have risen by 20% in past two months : R S Sodhi
Milk powder prices have risen by 20% in the past two months and are likely to increase further in the next four weeks as demand has revived and supplies from farmers are low, top dairy executives said. RS Sodhi, managing director of Gujarat Cooperative Milk Marketing Federation, which owns the Amul brand, said the average price of […]
Dairy is the farm sector’s growth engine: Dilip Rath
Central schemes have contributed in improving the productivity of milch animals. However, the sustainability of our dairy sector largely depends on bringing about efficiencies across the dairy value chain. The dairy sector has been a growth propeller for the agricultural and allied sectors, and has significantly contributed towards creation of rural wealth. Its contribution to […]
Dairy is the farm sector’s growth engine: Dilip Rath
Central schemes have contributed in improving the productivity of milch animals. However, the sustainability of our dairy sector largely depends on bringing about efficiencies across the dairy value chain. The dairy sector has been a growth propeller for the agricultural and allied sectors, and has significantly contributed towards creation of rural wealth. Its contribution to […]
How could export of SMP save the dairy farmer and the industry
Milk cooperatives in Gujarat are of late finding it difficult to sell the 90,000 metric tonnes of skimmed milk powder, worth Rs 1,850 crore, they have in stock. On October 13, the state government came forward to offer an export assistance of Rs 150 crore which will provide Rs 50 for every kilogram of milk […]
SMP, Butter and ghee price in India gets bullish: Would it sustain ?
The commodities prices in India have begun to surge . The prices of SMP, butter and ghee are moving up. The price of milk in most parts of the country is also going up. In North the milk availability has become difficult and prices have gone upto Rs 45 per liter for buffalo milk . […]