Business Standard

Some fodder for thought

Uptrend in milk prices can be attributed chiefly to the steadily worsening shortage and the resultant surge in the prices of fodder and feed, accounting for nearly 65% of the cost of milk production

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Surinder Sud
Seldom in the past have the prices of milk risen so frequently and so steeply as in the past one year or so. Most of the large milk dealers, including Mother Dairy, Amul, and other cooperative and private-sector enterprises, have hiked the retail rates of milk by more than Rs 10 a litre in multiple tranches since the beginning of 2022. Dairy experts do not rule out further spikes in prices in the ensuing summer months when the milk yield of animals normally dips due to heat stress and the reduced availability of green fodder while the demand for milk
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Mar 19 2023 | 10:09 PM IST

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