Analyzing the Dairy Industry’s Imbalance Issue in USA
Demand for fluid milk continues to drop, forcing dairy farmers to dump milk, some of it winding up in the Milwaukee sewer system. Food processing recently reported truckloads of milk were dumped into the Milwaukee Metropolitan Sewerage District because demand for fluid milk has fallen. Ninety percent of Wisconsin milk is made into cheese, but […]
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 […]
Why India’s agri production stats need a ground reality check
How much milk does India really produce? What is its actual domestic requirement of cereals or sugar? These are simple questions, but basic to understanding the market for agri-produce — not just in these inflationary times, but also from a policy and planning perspective. Consider milk. According to the National Statistical Office’s (NSO) household consumer […]
