From Food inflation to Food inclusion-Devinder Sharma
In Norway, dairy farmers receive just 21.9 per cent of the prevailing supermarket price of milk. Against 25.50 Kroner that consumers shell out for milk in supermarkets, dairy farmers get only 5.62 Kroners. In fact, the chart below presents a very clear picture of what ails agriculture across the globe. Farmers share in the end […]
Essentials milk, rice, soap, and turmeric prices increased by 10-20% in last year
Key essentials such as milk, rice, soap, detergent, turmeric and red chilli powder saw their prices increase by 10 – 20 per cent in the last year, revealed a survey by Kirana Club shared exclusively to ETRetail. The survey featured Kirana owners from Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Maharashtra and Chhattisgarh. The price corrections […]
Wholesale prices stayed almost flat in September
Cheaper vegetables helped ease food price rise to 1.5% despite accelerated uptick in pulses, wheat, cereals, fruits, milk prices; onion prices quickened to cross 55% in September from 31.4% in August India’s wholesale prices stayed in deflationary mode for the sixth month in a row this September, albeit only fractionally with inflation at -0.26% compared […]
No broad-based decline in food inflation yet
While food inflation fell to 4.19% in December, the lowest since January 2022, thanks to a sharp fall in prices of vegetables, edible oils, meat products and pulses, the prices of several commodities such as spices, cereals and dairy products continued to be at elevated levels amid supply contraints. While stating that sharp corrections in […]
Weaker dairy markets in 2023 as demand dips
High food price inflation, combined with a modest recovery in milk production, is expected to weaken dairy markets and commodity returns as we head into the new year according to the latest Rabobank quarterly report. Consumer budgets are expected to be challenged by food price inflation and rising interest rates, although the impact of this […]
Dairy Product Price Inflation Still Lagging Overall Food Inflation
All parts of the U.S. economy and at least 44 other nations throughout the world are experiencing high rates of inflation due to several global factors including the COVID-19 pandemic, ongoing supply chain woes, rising wages amid labor shortages, and Russia’s war with Ukraine, which has thrown global energy, food and fertilizer markets into disorder. […]
Russia-Ukraine war in world’s ‘breadbasket’ threatens food supply
The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region known as the breadbasket of the world. Ukrainian farmers have been forced to neglect their fields as millions flee, fight or […]
Russia-Ukraine war in world’s ‘breadbasket’ threatens food supply
The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region known as the breadbasket of the world. Ukrainian farmers have been forced to neglect their fields as millions flee, fight or […]
Fuel cost fuelled Transportation cost for dairy sector by 50 % per litre
Marred by inflation, dairy companies and cooperatives have increased milk prices, much to the woes of the end-consumer. Amul, revised milk price by Rs 2 per litre, in Ahmedabad and Saurashtra in Gujarat and Delhi NCR; with effect from July 21. Others such as Mother Dairy and Gokul, too, have hiked prices. Mother Dairy has also […]
Global oil price hike passed to consumers Will that happen with food too?
Brent crude prices crossed the $75-per-barrel psychological level last week and closed at $76.18 on Friday, the highest since October 29, 2018. While the increase in international oil prices – Brent was trading at just over $41/barrel a year ago – is being fully passed on to Indian consumers, it raises a related question: Will […]
