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Dairies' margins under pressure on 20% hike in milk procurement cost

At the farm gate, cost has risen by at least a fifth this year

Dilip Kumar Jha  |  Mumbai 

 Faced with a sharp increase in milk procurement costs, private dairies and co-operatives are facing margin pressures this season.   After dips over recent years, milk prices have risen sharply. At the farm gate, the procurement cost has risen by at least a fifth this year, to Rs 27-28 a litre for Gujarat Co-operative Milk Marketing Federation, producer of the Amul brand of products, from Rs 21-22 a litre last year. “Milk procurement cost has gone up because of drought in some parts of Maharashtra,” says Amitabha Ray, chairman, Schreiber ...

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Dairies' margins under pressure on 20% hike in milk procurement cost

At the farm gate, cost has risen by at least a fifth this year

At the farm gate, cost has risen by at least a fifth this year  Faced with a sharp increase in milk procurement costs, private dairies and co-operatives are facing margin pressures this season.   After dips over recent years, milk prices have risen sharply. At the farm gate, the procurement cost has risen by at least a fifth this year, to Rs 27-28 a litre for Gujarat Co-operative Milk Marketing Federation, producer of the Amul brand of products, from Rs 21-22 a litre last year. “Milk procurement cost has gone up because of drought in some parts of Maharashtra,” says Amitabha Ray, chairman, Schreiber ... image
Business Standard
177 22

Dairies' margins under pressure on 20% hike in milk procurement cost

At the farm gate, cost has risen by at least a fifth this year

 Faced with a sharp increase in milk procurement costs, private dairies and co-operatives are facing margin pressures this season.   After dips over recent years, milk prices have risen sharply. At the farm gate, the procurement cost has risen by at least a fifth this year, to Rs 27-28 a litre for Gujarat Co-operative Milk Marketing Federation, producer of the Amul brand of products, from Rs 21-22 a litre last year. “Milk procurement cost has gone up because of drought in some parts of Maharashtra,” says Amitabha Ray, chairman, Schreiber ...

image
Business Standard
177 22