Mother Dairy expects 30 % demand surge this summer for milk products
Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as it expects a 25-30 per cent increase in consumer demand, a top company official said. Mother Dairy, a leading milk supplier in Delhi-NCR, has nine company-owned dairy processing plants with a total capacity of more than 50 lakh […]
Inflation continues to curb global demand
Slowing supply growth out of other major exporting regions has begun to shift the outlook within the global dairy market in recent weeks, as the impact of weaker commodity prices has flowed through to production responses. While this changed dynamic is supportive of dairy commodity prices, the strength of this rebound really will be determined […]
Global dairy in conflict of rising demand vs pressure to cut C02
Even as some parts of the world worry about a shortage of milk and dairy products, governments in other regions are actively trying to reduce dairy farming. That is the unprecedented market situation facing the Irish dairy industry, which exports more than 1.7 million tonnes of product to more than 130 countries. In 2022, global […]
How far is China’s Slowdown is spreading ? Ask a dairy farmer
OTOROHANGA, New Zealand—As the sunrise cast a pink glow around 6:30 a.m., Michael and Susie Woodward worked together to attach suction cups to the udders of dozens of cows in the milking shed of their New Zealand dairy farm. When a tanker arrived to take the milk to a processor, Michael Woodward calculated the day’s […]
Rabobank: China’s Dairy Import Gap to Widen as Demand Surges
China plays a critical role in global dairy markets as the world’s largest importer, and it is eagerly developing pathways to grow domestic production. According to a recent dairy report by Rabobank, the country’s self-sufficiency rate swings between 70% and 80% and will likely not increase substantially, as domestic dairy production will not satisfy rising […]
Robust demand to whip up dairy revenue by 14-16%-Crisil
Strong demand for value-added products and stable milk consumption will lead to a 14-16% revenue growth for India’s organised dairy industry this fiscal. With raw milk supply improving, there will be fewer price hikes and profitability will recover 20-50 basis points, said rating agency Crisil . Last fiscal, disruptions in raw milk supply had led to […]
Dairy products export can reduce GHG emissions
Think globally, act locally. It’s an oft-quoted rallying cry spoken at environmental policy conferences. However, both dairy trade and scientific literature tend to report on environmental impacts and results within geo-political boundaries, bringing attention to the major dairy producing countries. In doing so, a major facet of sustainability — to keep people fed with safe […]
What’s the global picture for dairy markets?
Dairy advisers have warned of future shortages of milk, with little to no growth in production in many major exporting regions, despite a surplus at present. Global demand is mixed, with a softening requirement reported in Europe and the US, and a slow recovery from China, but there are some growing opportunities from other Asian […]
Demand for dairy falls at global auction at GDT
The average price at the fortnightly sale fell 4.1 percent US$4360 a tonne, after falling 1.3 percent in the previous auction. The price of wholemilk powder, which strongly influences the payouts for local farmers, was 3.3. percent lower at US$3961 a tonne – the first time price have below the $4000 mark since October. NZX […]
The Second wave is more grim as compared to the last year : R S Sodhi
Mr R S Sodhi MD GCMMF in a recent interview shared his experience with the market sentiments during ongoing second wave of Covid-19. During the first wave last year, the lock down came as an opportunity to spend time with family and near and dar ones. People began to experiment with their cooking skills. Every […]
