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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 …

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

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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EU dairy product availability: supplies tightened in Q4

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 »

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45-50% growth in Amul’s summer product categories likely this year: Jayen Mehta

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, …

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Mother Dairy expects 30 % demand surge this summer for milk products

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 …

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The current status of milk industry!

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 current status of milk industry! Read More »

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