Amul expects no price hike after timely monsoon in Gujarat
Amul does not anticipate any price hike as the situation is ”pretty” good this year after timely monsoon rains in Gujarat and flush milk procurement season is starting, GCMMF Managing Director Jayen S Mehta said on Wednesday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand.”The situation is […]
Gross Margins For Dairy Companies To Improve In FY2024: Report
Raw milk procurement prices are expected to witness correction due to improvement in milk availability with the onset of the flush season in H2 FY2024. Consequently, industry profit margins are expected to start improving sequentially, the rating agency Icra said in a report. Domestic milk supply was impacted in FY2023 due to the incidence of […]
Despite flush season dairy farmers in Maharashtra fetch good prices
Dairy farmers in the state are enjoying a rare spell of good price, which has seen dairies increase their procurement price even as the sector enters its flush season when production increases. Dairies say there is a 10-15 per cent dip in output in many milk-producing states, which has led them to increase the procurement […]
