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Milk price cuts could halve dairy farm incomes in 2023

Milk price cuts could halve dairy farm incomes in 2023 - Dairy News 7X7

A sharp reduction in milk prices and very high production costs could see dairy farm incomes halved in 2023, compared to the very high levels last year. The family farm income (FFI) for Irish dairy farmers increased by 53% to an average of €150,884 last year, which was driven by a significant rise in milk […]

Rebuild agriculture to make it future-ready

Rebuild agriculture to make it future-ready - Dairy News 7X7

GIVEN the spectacular role Indian farmers have played in pulling the country out of the ‘ship-to-mouth’ existence and turning it into a food-surplus nation, agriculture has emerged as the brightest star of the Indian economy. Whether we would like to publicly acknowledge it or not, a vibrant agriculture had laid out a strong foundation for […]

The dairy industry helps farmers by creating employment

The dairy industry helps farmers by creating employment - Dairy News 7X7

Milk is the biggest agricultural commodity in India. It contributes 5% to the national economy and directly employs 80 million dairy farmers. Improvement in economic activity, increase in per capita consumption of milk and milk products, change in dietary preferences, and increasing urbanization in India has led the dairy industry to grow by 9-11% in […]