Milk Predict

December 2023

Aavin ties up with one more bank for providing loan to farmers

Dairy Development Minister Mano Thangaraj on Thursday announced Aavin’s tie-up with yet another bank to provide loans to dairy farmers. “We are seeing more banks enthusiastically providing loans under the animal husbandry category. Loans mostly are for new milch animals or for animal maintenance,” he said while distributing loans to 10 farmers at Aavin headquarters. …

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Rupala lauds Visakha Dairy’s farmer-friendly initiatives

Visakhapatnam: Minister of State for Animal Husbandry, Dairying and Fisheries of India Parshottam Rupala said that the Centre will extend all possible support to Visakha Dairy. Unveiling a statue of Visakha Dairy chairman late Adari Tulasi Rao, the Union Minister appreciated the welfare schemes meant for the farming community. He said that Visakha Dairy stands …

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Positive GDT result an early Christmas present for farmers

armers will be feeling a little more festive this morning, as the latest Global Dairy Trade auction, held overnight, rose 2.3 per cent across the board. It’s the second consecutive positive result, with the index gaining 1.6 per cent on December 6, after a flat November 22 auction. On the up was whole milk powder, which climbed 2.9 per …

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Global Dairy Trade Event 346 concluded with the GDT Price Index up 2.3%

Key Results* AMF index up 0.2%, average price US$5,578/MT (€5,109/MT) Butter index up 9.9%, average price US$5,458/MT (€4,999/MT) BMP index not available, average price not available Ched index up 6.9%, average price US$4,265/MT (€3,906/MT) LAC index unchanged, average price US$796/MT (€729/MT) MOZZ index down 1.1%, average price US$3,960/MT (€3,627/MT) SMP index down 1.3%, average price …

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Senara Emerges as Europe’s First Cultured Dairy Startup

German startup Senara has emerged from stealth as the first European company making cell-cultured dairy. With a couple of awards already under its belt, the producer hopes to collaborate with farmers for a more sustainable dairy industry and believes cultivated milk could be a standard supermarket option by 2028. Based in Freiburg, Senara is the …

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Indira Dairy project to be launched in Madhira: Deputy CM Bhatti

Steps were being taken to set up Indira Dairy enabling DWCRA group members to become entrepreneurs, informed Deputy CM Bhatti Vikramarka. Similarly, hundreds of unemployed youth who have knowledge of agriculture would also get direct and indirect employment through the dairy industry. The youth would be engaged to supply green grass, dry grass and fodder to …

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The issue of Milk price will be solved soon: Ajit Pawar

Maharashtra deputy chief minister Ajit Pawar on Friday said in the state assembly that the problems faced by farmers, reservation of Marathas, and other important issues will be discussed and solutions will be found after due discussions with all stakeholders. “The state government is committed to discussing the issues and solving the problems. If needed we will …

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Slow recovery in dairy commodity prices expected

There is growing evidence that the bottom in the dairy commodity markets has passed, but a “slow recovery” is likely as prices move back to long term averages, Rabobank warned today (Tuesday, December 5). The bank’s latest Global Dairy Quarterly report highlights that limited milk supply growth and “lackluster” demand led to soft commodity pricing this year but …

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Using the latest USDA Dairy Projections to plan for 2024

The latest U.S. Department of Agriculture Economic Research Service Livestock, Dairy and Poultry Outlook was released Nov. 16. This report, released monthly, summarizes production and economic data for livestock, dairy and poultry production. This article will highlight portions of the dairy section of the report. The November report (linked here: ers.usda.gov/webdocs/outlooks/107888/ldp-m-353.pdf?v=1274.1) showed that during the …

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Global Dairy Trade Event 345 concluded with the GDT Price Index up 1.6%

AMF index unchanged, average price US$5,573/MT (€5,128/MT) Butter index up 0.7%, average price US$4,936/MT (€4,542/MT) BMP index up 2.8%, average price US$2,387/MT (€2,196/MT) Ched index up 9.7%, average price US$3,986/MT (€3,668/MT) LAC index up 5.3%, average price US$793/MT (€730/MT) MOZZ index not available, average price US$4,005/MT (€3,685/MT) SMP index up 1.2%, average price US$2,671/MT (€2,458/MT) …

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