Hanging Sword Of Climate Change On Economy
EL-NINO is expected to come this year from MAY to JULY. EL NINO is a geographical phenomenon which may affect Indian Economy as well. Due to EL NINO, the water of West Coast near Southern American Continent is getting warmer than normal, causing more rainfall in Latin America. Opposite to that, Countries like India, Australia, […]
Fasten your seat belts get ready for a rough weather ahead
Dear friends, We have been reading a lot about the dairy industry for the last few weeks. Some great insights have been shared by renowned economists, scientists, politicians and senior journalists. Let me list the five different areas in which the dairy was discussed and deliberated in the media. a. Reasons for higher milk prices […]
Buoyant demand, inadequate supply to push milk prices higher
The run-up in milk prices is expected to continue in fiscal 2024, led by buoyant demand, constrained supply and under-recovery of costs in the previous two fiscals. Demand has rebounded since the easing of COVID-19-induced restrictions on social gatherings and the hotel, restaurant and café segment, and is being fed by rising consumption of value-added […]
Australia’s Dairy Problems Persist due to drought, heat and labour issues
Once a powerhouse on the global dairy trade circuit, Australia’s dairy industry has been contracting due to successive long-term droughts, numerous heat events, and an ongoing labor crisis. According to recent article in Bloomberg, Australia’s share of the world export market dropped from 18% in the 1990s to about 6% in 2018 as Australian producers […]