Onset of summer sets milk prices on the boil

Some players have already raised prices; others in wait-and-watch mode

As the summer heat sets in, prices of milk are on the boil. Arrivals are already slow in parts of the country, including Maharashtra (which is reeling under the impact of two consecutive years of drought), and farmgate prices have risen across the country. While some players have already raised retail prices, others are in a wait-and-watch mode.

The country's largest dairy cooperative the Gujarat Cooperative Milk Marketing Federation (GCMMF) has already said that it would raise milk prices by Rs 2 per litre in March. The federation, however, is yet to decide the exact date from which this would be