In a significant move, the Tamil Nadu government on Wednesday announced that it has decided to increase the procurement price for the maximum fat content of milk which is sold by the Tamil Nadu Cooperative Milk Producers Federation Limited (TNCMPFL) under the brand name of Aavin. “Testing of milk samples from some of the TNCMPFL …
TN Govt hikes procurement price for high fat milk Read More »
Amul does not anticipate any price hike as the situation is “pretty” good this year after timely monsoon rains in Gujarat and flush milk procurement season is starting, GCMMF Managing Director Jayen S Mehta said on Wednesday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand. “The situation …
Amul expects no price hike after timely monsoon in Gujarat, says chief Jayen S Mehta Read More »
AMF index up 3.7%, average price US$4,979/MT Butter index up 1.3%, average price US$4,806/MT BMP index up 0.6%, average price US$2,245/MT Ched index down 4.8%, average price US$3,853/MT LAC index down 1.3%, average price US$594/MT SMP index up 6.6%, average price US$2,558/MT WMP index up 4.8%, average price US$2,931/MT Buffalo milk 6.0% fat and 9 …
Global Dairy Trade Event 341 concluded with the GDT Price Index up 4.4% Read More »
Any American who has been around long enough to taste a slice of “government cheese” can tell you that. While the phrase sounds surreal, and is often used as a derogatory shorthand for any form of welfare, the original concept of government cheese lives on today in a very literal way. Unbeknownst to many, the United States currently …
THE SAGA BEHIND AMERICA’S GIANT GOVERNMENT CHEESE VAULTS Read More »
China plays a critical role in global dairy markets as the world’s largest importer. In 2023, China’s annual import deficit is estimated at 11.9m metric tons liquid milk equivalent (LME). In the short term, the industry is rebalancing following a period of rapid domestic supply growth (from 30.4m metric tons in 2017 to 39.3m metric …
Demand in China for dairy imports is in decline as the country faces a sharp slowdown in economic growth. Historically there has been a strong relationship between China’s economic growth and its level of dairy imports. For the year to date (Jan-Sep) China has imported 2.3million tonnes of dairy products, a 20% drop year on year …
As the third largest producer of milk globally and the largest importer, China is a very important part of the global dairy market. A recent Rabobank report examined how developments in the Chinese dairy sector could affect the global dairy trade. Key Points Chinese domestic milk production has tripled since 2002 An increasing proportion of …
Rabobank report: the Chinese market and global dairy trade Read More »
The annual general body meeting of the Kerala Co-operative Milk Marketing Federation, known by its brand name Milma, has adopted a growth-oriented budget for 2023-24 pegging the revenue at ₹680.50 crore and expenditure at ₹679.28 crore, anticipating a surplus of ₹1.22 crore during the financial year. The AGM also adopted resolutions covering a wide range of key …
Milma’s 2023-24 budget anticipate ₹1.22 crore surplus Read More »
Key Results AMF index down 5.3%, average price US$4,452/MT Butter index down 3.0%, average price US$4,539/MT Ched index up 5.8%, average price US$4,127/MT SMP index down 5.2%, average price US$2,333/MT WMP index down 10.9%, average price US$2,548/MT Buffalo milk 6.0% fat and 9 % SNF in Rs /kg Amul …
Global Dairy Trade Event 338 concluded with the GDT Price Index down 7.4% Read More »
In a groundbreaking move aimed at boosting dairy farming across the state of Uttar Pradesh, the Yogi Adityanath-led government recently announced a substantial 50% subsidy for dairy farms consisting of 25 cows. This bold initiative has created significant buzz within the agricultural community and among potential dairy farmers. In this article, we delve deep into …
Yogi Government’s Announces 50% Subsidy on Dairy Farms with 25 Cows Read More »
