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 …
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 …
Amul To Invest Rs 5,000 Crore To Set Up Milk Processing Plants. Read More »
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. …
Revolutionizing Dairy Sustainability: Reducing Methane Emissions by 80% Read More »
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 …
Global Dairy Trade Event 334 concluded with the GDT Price Index unchanged Read More »
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 …
Dairy sector to grow at over 6% in 2023-24: Government Read More »
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 …
Parag Milk Foods, Garware Hi-Tech among 7 stocks with Golden Crossover Read More »
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 …
Rabobank is forecasting minimum opening milk price offers in the range of $8.50kgMS – $9.00kgMS for southern Australia from June 1. According to the Australian Dairy Seasonal Outlook domestic dairy market returns, a week Aussie dollar and aggressive recruitment and retention strategies are driving the forecast prices for the 2023/24 season, which is above the …
Press release: Rabobank projects $8.50 – $9.00kgMS in 2023/24 Read More »
Global Benchmarks The Commodity Milk Value (CMV) approach to valuing the milk equivalent value of commodity prices can be used to compare market conditions across major exporting regions. Variations in prices paid across regions arise from differences in product mix, conversion costs, competition for milk supply and currencies. In the case of the United States, it …
What do you think is the future of the Dairy Industry? There was great expectation this time to see if there would be an improvement in demand from regions that typically buy most of the product on GDT, given some recent increases in SGT milk powder futures prices. This event didn’t disappoint and provides the …
