Fonterra increased dairy farmers milk price by 50c
Dairy giant Fonterra has raised its forecast milk price for farmer suppliers by 50 cents to an effective $7.25 per kilogram of milk solids. It’s the latest twist in what’s looking like a very up and down season for farmers. Just before the latest season started in June Fonterra gave an initial forecast of, in […]
Crisil Says India’s Dairy Success Holds Key To Food Price Stability
Retail inflation rose to 7.44%, the highest since April 2022, led by inflation in food and beverages which stood at 10.47%, the highest since January 2020. As prices of various food items rise due to a combination of global and local factors, including extreme weather conditions, the government has continued supply-side interventions. These include releasing […]
We want to help farmers by increasing milk price : DK Shivakumar
The Karnataka government has announced a hike in the price of Nandini’s milk by ₹3 to support farmers. Deputy Chief Minister DK Shivakumar on Thursday said that “we want to help farmers,” after the Karnataka government announced a hike in the price of the state’s milk brand, Nandini, by three rupees. “We have to give […]
Soaring cattle feed prices to drive milk prices higher
Retail milk prices that have shot up nearly 22% in three years, including about 10% in the last one year, are expected to increase further in the coming three-four months as feed and fodder prices are on the rise amid the monsoon deluge. The prices of de-oiled rice bran (DORB), a key ingredient in cattle, […]
Nandini milk price expected to go up by ₹3 a litre from August 1
The consumer price of Nandini brand milk being sold by the Karnataka Milk Federation (KMF) is set to go up by ₹ 3 a litre from August 1, as the government has given its consent for the rise at a meeting on Friday, according to KMF president Bheema Naik. A formal notification regarding the increase in […]
Dairy Report: All-Milk Prices Continues its Descent
Lower milk prices continue to be the story for the dairy industry, and USDA is predicting this trend will continue for a while. Forecasters once again cutting this year’s all-milk price projections in the latest supply and demand report, dropping the price 40 cents to $19.55 per cwt. Milk production projections for 2023 were left […]
Cooler Weather Halts Milk Crisis
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise. Between January and March, India was facing a shortage of milk products such as butter and ghee, raising prospects of imports in a country that is the world’s largest supplier of liquid milk. Today, […]
Tiruchi Aavin struggles to woo back milk suppliers
Notwithstanding efforts to bring back farmers who have switched over to private dairies in the recent past, the Tiruchi District Milk Producers’ Union, popularly known as Aavin, is struggling to achieve the normal average milk procurement levels. The procurement generally goes down in April and May due to shortage of green fodder, drinking water for […]
Milk prices won’t fall any further, UK producer warns
UK Supermarkets are now charging around £1.45 for four pints Arla is warning shoppers that they are very unlikely to slash the price any further The price of a pint of milk is here to stay and Brits should not expect their supermarket shop to get any cheaper, according to the UK’s biggest dairy producer. […]
Arguing against free markets is actually disbelieving freedom itself
I have been hearing the seminal quote by Mahatma Gandhi in Indian context that “Mass Production is production by masses” since I started my career in the dairy industry. It’s almost four decades and even today I find most of the policies are oriented towards protecting the farmers. I am unable to decipher at times […]
