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 »
In a major decision, state cabinet on Wednesday approved handover of the Mahanand Dairy management to National Dairy Development Board (NDDB) for the next five years to strengthen the apex organisation in the cooperative milk sector. Mahanand is a venture of Maharashtra State Cooperative Milk Federation Ltd (MSCMFL) and is one of the top cooperative dairies in the state. It, …
Cabinet clears Mahanand’s handover to NDDB for 5 yrs Read More »
In February, almost all leaders of the global dairy market reported their results for 2023. Some companies will present their results until May 2024. However, today we can already see the picture being formed by major milk processors for themselves and the market. DairyNews Today has compiled key results and forecasts from leading companies for …
Overview of annual performance of Global dairy giants Read More »
kshayakalpa Organic has signed a Memorandum of Understanding (MoU) with British International Investment plc (BII), the UK’s development finance institution and impact investor, and Samunnati Financial Intermediation & Services Pvt Ltd to provide financing to up to 1,500 smallholder dairy farmers in Karnataka, Tamil Nadu, and Telangana. The partnership will see BII extend guarantees for …
Akshayakalpa in deal with UK’s BII, Samunnati to finance farmers Read More »
AMF index up 8.6%, average price US$6,552/MT (€6,080/MT) Butter index up 0.1%, average price US$6,526/MT (€6,056/MT) BMP index not available, average price not available Ched index down 7.6%, average price US$4,143/MT (€3,845/MT) LAC index down 1.0%, average price US$785/MT (€728/MT) MOZZ index up 5.3%, average price US$3,960/MT (€3,675/MT) SMP index up 1.3%, average price US$2,788/MT …
Global Dairy Trade Event 350 concluded with the GDT Price Index up 0.5% Read More »
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Sunday said the State government was all set to introduce innovative schemes and increase farmers’ incomes in the upcoming annual Budget since agriculture and milk production played a pivotal role in the rural economy. He was speaking in Shimla during a first of its kind interaction with …
Milk price increased by Rs 6 per liter in Himachal Pradesh Read More »
