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 […]
Saudi dairy companies hike prices up to 33%
Most dairy companies in Saudi Arabia have raised prices of their products, reaching up to 33 percent, effective from Sunday, Jan. 1. In a statement on its official Twitter account, Saudi dairy giant Almarai Company attributed the hike to three main reasons. They are increased shipping costs, higher cost of production ingredients, and increased fodder […]
Packaged milk price set for Rs 2-3/litre hike in West Bengal
Major dairy players in west Bengal have decided to increase their milk prices by Rs 2-3 per liter in this week. This will be the third hike in last 1 year. TOI Jan 3 2023 Amul has a 60% market share in a 1.6 mill LPD of Kolkata market. It sells 9 lakh lpd of milk […]
Aavin milk price hike aimed at promoting private players: Annamalai
The continued price hike by Aavin is to make the firm non-competitive in a bid to promote private players, said K. Annamalai, BJP State president. “The hike of ₹12 per litre for orange Aavin milk packets has resulted in sales dipping by 5,000 litre. People have moved to milk supplied by private companies. Then, the […]
Milma milk will turn costlier by ₹ 6 per litre from December 1.
The Cabinet on Wednesday gave the go-ahead for the hike based on a recommendation made by the Kerala Cooperative Milk Marketing Federation (Milma) last week. Milma chairman K.S. Mani said the hike became unavoidable due to the increase in the cost of cattle-feed production. Besides, milk prices were last hiked three years ago in 2019. […]
Inflation in Europe: Could your morning coffee become a ‘luxury’?
For Europeans, a cup of coffee is an essential part of the daily routine. But a dramatic increase in the price of this staple is bringing home the impact of inflation. If prices keep rising, this drink, once taken for granted, may soon be an expensive luxury. Inflation is putting pressure on household budgets across […]
Farmers demand hike in milk price from Collector in Tamil Nadu
Dairy farmers demanded hike in procurement prices of cow and buffalo milk during the monthly farmers’ grievances redressal meet chaired by Collector S. Visakan in Dindigul on Friday. Stating that the last time the procurement prices were increased was in 2019, N. Perumal, district president, All India Kisan Sabha charged that in the current economy, […]
Udupi Dairy farmers to launch postcard campaign seeking hike in milk price
Dairy farmers attached to Sahakara Bharathi, a NGO of cooperatives, will launch a postcard campaign by holding a convention of farmers in Udupi on October 27 to urge the State government to hike the milk procurement price by ₹5 a litre. According to the convener (dairy farmers’ cell) of Sahakara Bharathi Sanoor Narasimha Kamath, the […]
WORLD DAIRY NEWS Inflation in Europe: Could your morning coffee become a ‘luxury’?
For Europeans, a cup of coffee is an essential part of the daily routine. But a dramatic increase in the price of this staple is bringing home the impact of inflation. If prices keep rising, this drink, once taken for granted, may soon be an expensive luxury. Inflation is putting pressure on household budgets across […]
Milk price hike likely to lift Aug CPI by 10-30 bps, economists say
The recent hike in milk prices by major dairy companies of India is likely to lift CPI inflation for August by 10-30 basis points, economists say. The Gujarat Cooperative Milk Marketing Federation Ltd, which sells milk under the Amul brand, and Mother Dairy have increased prices of liquid milk by 2 rupees a ltr from Wednesday, to offset […]
