Dairy records 67.15% increase in exports in Q1 of FY23 as against last year same quarter
Continuing with the trend from the previous year, the exports of agricultural and processed food products rose by 31 per cent in the first three months of the current Financial Year 2022-23 (April-June) as compared to the corresponding period of FY 2021-22. According to the provisional data released by the Directorate General of Commercial Intelligence and […]
Hatsun Agro reports 12% decline in net profit in Q1
Hatsun Agro Product Ltd, the Chennai-based dairy company, reported a 12 per cent decline in net profit to ₹52 crore in the first quarter ended June 30, 2022 as against ₹59 crore for the same quarter last year. Revenue was up 31 per cent to ₹2,015 crore (₹1,539 crore). For the first time, the company […]
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 […]
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 […]
DAIRY NEWS Dairy Industry seek 20% subsidy to export Skimmed Milk Powder for the sake of farmers
Dairy cooperatives in the country have sought a 20% export incentive for milk products, as there are ample stocks amid drop in demand from bulk consumers. This will ensure better returns for dairy farmers, they said. At current global rates of SMP this subsidy will amount to Rs 400 Crores for 100000 MT of SMP […]
Global dairy prices moving down and Indian dairy market showing recovery
Dairy commodities market in India has started to show some improvements. Most of the large dairy plants are undergoing maintenance currently . These plants are expected to start their commercial production after Vishwakarma Puja on September 17th . The companies have increased milk powder prices by Rs 5/7 per kgs. The prices of good quality […]
