Milk Predict

Author name: RAJESH SINGH

Why India’s agri production stats need a ground reality check

India’s agricultural production statistics sometimes present dissonances with consumption data. The household consumer expenditure data are more than a decade old, and an update is urgently needed. How much milk does India really produce? What is its actual domestic requirement of cereals or sugar? These are simple questions, but basic to understanding the market for …

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O’Connor refuses to make dairy concessions on trade deal with India despite huge trade losses

Trade Minister Damien O’Connor is adamant free trade with India will be achieved eventually, despite roadblocks over dairy negotiations continuing to stifle trade with the rising economic powerhouse. Australia has already made a deal with India that excludes dairy. O’Connor said that this was viable for Australia because dairy is “a very small part of …

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Amul To Invest Rs 5,000 Crore To Set Up Milk Processing Plants.

Gujarat Cooperative Milk Marketing Federation, which sells milk products under the Amul brand, will invest Rs 4,000-5,000 crore over the next two to three years, largely into milk processing plants across the country. “We would be adding about 15-16 new plants, as we plan to go closer to the consumers,” said Jayen Mehta, managing director …

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Revolutionizing Dairy Sustainability: Reducing Methane Emissions by 80%

Resonant Technology Group recently announced that its patented product, SOP® Lagoon, can significantly reduce greenhouse gas emissions of the dairy industries – 80% for methane and 75% for carbon dioxide.  US-based Resonant is an affiliate of SOP ( Save our Planet) , an Italian tech company run by biologists, agronomists, chemists, engineers, animal nutritionists, and veterinarians. …

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Expectations of dairy farmers and industry from animal breeding and genetics research

India is ranked 1st in milk production contributing 23 per cent of global milk production  and there are 50 well-defined breeds of cattle and 17 breeds of buffaloes. As per National Action Plan for Dairy Development envisages to achieve milk production target of 300 Million MT by 2023-24 from 155.5 Million MT during 2015-16 requiring an annual growth rate …

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Global Dairy Trade Event 334 concluded with the GDT Price Index unchanged

Key Results AMF index up 0.5%, average price US$4,758/MT Butter index up 5.5%, average price US$5,379/MT Ched index down 3.3%, average price US$4,533/MT SMP index down 2.3%, average price US$2,667/MT WMP index unchanged, average price US$3,172/MT  Buffalo milk 6.0% fat and 9 % SNF in Rs /kg Amul                 …

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Dairy sector to grow at over 6% in 2023-24: Government

The dairy sector is expected to growth at more than 6% in 2023-24, said Union Animal Husbandry and Dairying minister Parshottam Rupala on Tuesday. “Milk production is growing at the annual growth rate (CAGR) of 6.1% over the last eight years, and in the coming season, it is expected to grow at over 6%,” the …

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Parag Milk Foods, Garware Hi-Tech among 7 stocks with Golden Crossover

1D Returns: 10.87%, SMA50: 99.48, SMA200: 98.73, Last Traded Price: Rs 122.75, Volume: 6,593,184 Parag Milk Foods Ltd. is a renowned player in the dairy industry, offering a diverse range of products that cater to the evolving preferences of consumers. The recent Golden Crossover, along with its strong 1D returns, indicates positive momentum for the …

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IMD Predicts ‘Normal’ Monsoon for Fifth Consecutive Year! 2023’s Seasonal Rain to be 96% of Long-Term Average

Now that the countrywide temperatures have gradually begun rising, many pluviophiles have already started yearning for the respite that only monsoon rains can provide. Alas, the monsoon season is at least two months away still, although an early indication of its expected performance has now been provided by the India Meteorological Department (IMD). In its …

IMD Predicts ‘Normal’ Monsoon for Fifth Consecutive Year! 2023’s Seasonal Rain to be 96% of Long-Term Average Read More »

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