Milk prices are unlikely to see any rise this summer due to surplus production in May month as against the usual seasonal drop that leads to price hike. Surplus milk output in Indore has touched close to 2 lakh litre per day in May. Loose milk is priced at Rs 58-Rs 60 per litre in …
Milk prices beat the trend, unlikely to rise this summer in Indore Read More »
Amul is in talks for a possible takeover of Sanchi Dairy – a brand as familiar to Madhya Pradesh homes as Nandini in Karnataka, and just as emotive. The BJP-led MP govt wants to adopt the Gujarat-based Amul-like model for Sanchi in MP, sources told TOI, adding that whether Amul will ‘assist’ Sanchi to increase its base in MP or …
Amul may takeover Sanchi – State dairy federation of Madhya Pradesh Read More »
The recovery in global milk prices evident in late 2023 and continuing into early 2024 has “cooled slightly” in quarter two, according to new research published today (Tuesday, May 7) by Rabobank. The bank’s latest global dairy quarterly report suggests that the tentative recovery in prices could now face “some additional headwinds”. Rabobank had expected …
Rabobank: Recovery in global milk prices has ‘cooled’ slightly Read More »
After going backwards in March, the Global Dairy Trade market has recovered its momentum, with the 2024 New Zealand dairy season likely to end on a high note. In the latest auction, whole milk powder rose 2.4% and cheddar 6%, contributing to the GDT index rise of 1.8%. Anhydrous milk fat prices are now the …
GDT dairy price index moves up by 1.8% Cheddar leads the growth rally Read More »
