Milk Predict

Author name: Milk Predict

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Election Milk Price Hike Raises Eyebrows: Strategy or Necessity?

As soon as the elections concluded, major dairies across India raised milk prices by ₹2 per liter. This move comes despite assurances from the top management of the country’s largest dairy, who recently expressed confidence in stable input prices, citing significant growth in milk availability and ample stocks of dairy commodities nationwide. The Gujarat Cooperative …

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Innoterra Appoints Avinash Kasinathan as Head of India Business

We are delighted to announce that Avinash Kasinathan has joined Innoterra as the Head of India business, effective immediately. Avinash brings with him rich experience in strategy, technology, and the agriculture sector. Avinash Kasinathan, Managing Director, Head of India Business, InnoterraAvinash started his career as a consultant at McKinsey. Prior to joining Innoterra, he served …

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Dodla Dairy Poised for Robust Growth in FY25 with Expansion and Stability

FY25 is expected to see an accelerated double-digit growth for DDL, thanks to a pick-up in domestic milk volumes, commencement of a new plant in Kenya, and a massive increase in cattle feed capacity Outlook for DDL in FY25 Robust Growth Expected FY25 is poised for accelerated double-digit growth for DDL, driven by increased domestic …

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Heat stress in livestock causes drop in milk production by 4%

Amid the intense heatwave, it’s not only human beings who are suffering — heat is taking a significant toll on livestock. Farmers have reported a two to four per cent decrease in milk production, attributing it to the increased stress among dairy animals. This decline in production could lead to a hike in milk prices, …

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Milk prices beat the trend, unlikely to rise this summer in Indore

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 …

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Amul may takeover Sanchi – State dairy federation of Madhya Pradesh

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 …

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Rabobank: Recovery in global milk prices has ‘cooled’ slightly

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 …

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GDT dairy price index moves up by 1.8% Cheddar leads the growth rally

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 …

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USDA Launches Trade Mission in India and visits Indian Dairy Association

U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor arrived in New Delhi today to launch a USDA-sponsored agribusiness trade mission. Taylor leads a delegation of officials from 47 U.S. agribusiness and farm organizations and 11 state departments of agriculture seeking to develop and expand business opportunities with importers …

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Support for UK farmers to reduce costs and decarbonise

Members of the Tesco Sustainable Dairy Group are among farmers being offered support by leading UK supermarket Tesco and NatWest Bank to switch to more sustainable farming methods.   Up to 1,500 Tesco farmers are set to benefit from the voluntary scheme, as well as access to Tesco preferred suppliers, with potential volume discounts offered on assets …

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