Key points: Lower production and improved exports drove available supplies lower Exports to China improved for butter and cheese Demand from MENA, US and China boosted EU exports EU dairy product availability continued on a downward trajectory in Q4 2023 compared to the same period in 2022. Declines in production and improved exports tightened supplies. …
EU dairy product availability: supplies tightened in Q4 Read More »
Jayen Mehta, MD, Amul India, says “today, more than 38% of the sales come from towns with a population of less than 20,000. This shows the brand is not just an urban brand, but the range of products is helping us go deeper into the country. We want to reach every single village of the country. So, …
45-50% growth in Amul’s summer product categories likely this year: Jayen Mehta Read More »
Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as it expects a 25-30 per cent increase in consumer demand, a top company official said. Mother Dairy, a leading milk supplier in Delhi-NCR, has nine company-owned dairy processing plants with a total capacity of more than 50 lakh …
Mother Dairy expects 30 % demand surge this summer for milk products Read More »
The 2024 average price forecasts for butter and Cheddar cheese have been revised upward, while the price forecasts for dry whey and nonfat dry milk have been revised downward. The 2024 forecast for the all-milk price has been increased to $21.25 per hundredweight, $0.30 higher than last month’s forecast. future of the dairy industry ! The 2024 …
The Karnataka Milk Federation (KMF), known for its Nandini brand of dairy products, is vying for sponsorship opportunities for one or possibly multiple teams at the upcoming T20 Cricket World Cup in June. As per reports, KMF has released a tender, seeking proposals from companies interested in showcasing the Nandini logo on the primary arm …
Karnataka Milk Federation eyes cricket sponsorship at T20 World Cup, floats tender Read More »
Number of participating bidders 152 Quantity sold (MT) 19,655 Global Dairy Price index dropped by 2.8% in today’s Global Dairy trade event. The index has reached to a level of USD 3497/MT. This is a second consecutive drop in the index since last month. One of the major reason behind this drop is the sluggish …
Global Dairy Trade Event 352 concluded with the GDT Price Index down 2.8% Read More »
Mother Dairy plans Rs 650 crore investment for two new processing plants, catering to milk, fruits, and vegetables, amid growing consumer demand. Mother Dairy will invest Rs 650 crore to set up two new plants for processing of milk as well as fruits and vegetables to expand its business amid rising consumer demand. Mother Dairy, …
The average trading price was $3,630, Dairynews.today writes. Jayen Mehta, MD, Amul India, says “Amul is a very strong distribution organisation and our penetration is deeply increasing into the rural areas. So maybe about a few years back, we were not into these 10k, 5k towns. We are now very, very deeply entrenched into all the …
The average trading price was $3,630, Dairynews.today writes. AMF index up 1.4%, average price US$6,637/MT (€6,119/MT) Butter index down 1.0%, average price US$6,461/MT (€5,957/MT) BMP index up 3.7%, average price US$2,504/MT (€2,309/MT) Ched index up 4.0%, average price US$4,277/MT (€3,943/MT) LAC index up 4.8%, average price US$818/MT (€754/MT) MOZZ index down 0.4%, average price US$3,945/MT …
Global Dairy Trade Event 351 concluded with the GDT Price Index down 2.3% Read More »
Slow but steady dairy commodity price gains will materialize this year. Coupled with lower expected feed costs, an improved margin outlook will eventually drive milk production growth in the Big 7 by 2H 2024. It will likely not be a record price year by any measure, but farmers around the globe will welcome the return …
Global dairy quarterly Q1 2024: Finding a new equilibrium Read More »
