Page 2 - Milk Prices

Amul milk price hiked by Rs 2 per litre across all variants from June 3

The price of Amul milk across all variants has been hiked by Rs 2 per litre with effect from Monday in view of the increase in the overall cost of operation and production of milk, Gujarat Cooperative Milk Marketing Federation (GCMMF) said. With this, the price of the Amul milk pouch will go up by Rs 2 per litre in all markets across the country. The price of Amul milk across all variants has been raised by Rs 2 per litre with effect from June 3, said Jayen Mehta, MD of GCMMF, which markets the milk and dairy products under the 'Amul' brand. The last time GCMMF had raised the milk price was in February 2023. The hike is necessitated to compensate farmers for their increased cost of production, Mehta said. With the fresh hike, the revised milk prices for variants such as 500 ml Amul buffalo milk, 500 ml Amul Gold milk, and 500 ml Amul Shakti milk stand at Rs 36, Rs 33, and Rs 30, respectively. "The increase of Rs 2 per litre translates to the range of 3-4 per cent increase in MRP w

Mother Dairy launches buffalo milk in Delhi-NCR at Rs 70 per litre

Mother Dairy, one of the leading suppliers of milk and milk products, on Tuesday announced the launch of buffalo milk variant in the Delhi-NCR market and is expecting to make this new segment Rs 500 crore brand by March next year. Mother Dairy supplies 35-36 lakh litres of milk per day in Delhi-NCR and 45-47 lakh litres per day across India. In Delhi-NCR, it sells milk in pouches and milk booths. In an interview with PTI on Tuesday, Mother Dairy Managing Director Manish Bandlish said, "We are launching buffalo milk at Rs 70 per litre. We are introducing this variant in Delhi-NCR." Mother Dairy will be supplying 50,000-75,000 litres of buffalo milk per day in Delhi-NCR. The milk will be available in the market from this week. "By March 2025, we aim to reach 2 lakh litres per day. We intend to make the buffalo variant a Rs 500 crore brand in one year. This segment is growing. There is a demand for high-fat milk," Bandlish said. The Mother Dairy MD said the company would launch the .

FSSAI clarifies addition of protein binders not permitted in milk, products

Binding agents have emerged as an important and required class of ingredients to manufacture a wide range of new food products, especially semi-solid or solid foods

Cooler summer halts the dairy crisis, industry looks at a turnaround

What has caused this transformation and will it last? Milk industry veterans point to a couple of factors for this U-turn

Milk prices risen, but no supply shortage of dairy products: Rupala

The government on Tuesday asserted that there is no shortage of milk and other dairy products in the country, although milk prices have risen in recent months. Animal Husbandry, Fishery and Dairying Minister Parshottam Rupala, while briefing media on the Modi government's achievements in the last nine years, said the sector is likely to grow at 7 per cent in 2023-23 fiscal against over 6 per cent in 2022-23. "I will definitely admit that there has been an increase in milk prices...Government is trying its best to address the problem by increasing milk production and availability," he said. Leading milk suppliers like Amul and Mother Dairy have hiked prices of milk multiple times in the last one year, citing increasing procurement costs of milk from farmers. For instance, Mother Dairy has increased milk prices by Rs 10 per litre between March and December 2022. Stressing that there is no shortage of milk and milk products in the country, Rupala said that recently, there were reports

Diary sector should refrain from inter-state competition, says Milma

Milk Federations in the country should re-dedicate themselves to the founding ideals of the co-operative dairy movement while refraining from inter-state competition, said K.S.Mani

Further dairy price hikes unlikely as companies cut procurement rates

Owing to a fall in demand, the procurement price of milk has been cut by Rs 3-5 per litre in Maharashtra, Punjab, Haryana and Uttar Pradesh

Karnataka Assembly polls: Rahul Gandhi promises Rs 2 hike in milk subsidy

Congress' plans to increase the subsidy would force milk producers to sell their milk only to the Karnataka Cooperative Milk Producers Union (KMF)

Soaring milk prices may become a hurdle in Modi govt's inflation fight

"In terms of the outlook for this year, we believe that milk prices will continue to increase, since there is a shortage of milk heading into the peak demand season," said an economist

Top Headlines: India's smartphone exports, soaring milk prices and more

Business Standard brings you the top headlines at this hour

All you need to know about Amul-Nandini controversy in poll-bound Karnataka

The entry of Amul in Karnataka is being seen as an attempt to trample upon KMF and its brand 'Nandini'

Stagnant milk output: Dairy imports may be allowed after a decade

India usually imports high-value milk products but not mass-consumed items

Sweating over milk: India stares at supply crunch as summer sets in

Industry asks government to consider imports as the season of abundant stocks fails this year

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

Buffalo milk prices rising in Mumbai from Mar 1, will have cascading effect

Buffalo milk wholesale prices in Mumbai will shoot up by Rs 5/litre from midnight on Tuesday; could trigger a vital cascading effect on entire food industry that depends on it as its raw material

Milk prices increased due to rise in fodder cost: Union minister Balyan

Milk prices in the country have risen due to increase in the feed and fodder cost, Union Minister Sanjeev Kumar Balyan said in Rajya Sabha on Friday. Balyan, who is Minister of State of Fisheries, Animal Husbandry and Dairying, said dairy companies pass on 75 per cent of the retail price to farmers. There is a need to balance between farmers and consumers. Farmers need to get higher returns on milk for them to take up dairy farming, he said. In the recent time, there has been increase in the prices of feed and fodder due to which prices of milk have gone up. If fodder rates come down, automatically milk prices will also decline, the minister added. Replying to another supplementary question, Balyan said three private firms are conducting trial of a vaccine developed by Hisar-based ICAR institute for the control of Lumpy Skin Disease (LSD) in cattle. "The trial is underway. I am hopeful after the trial, the vaccine will be commercialised soon," he added. Milk prices have been hike

Four out of 10 households feeling pinch of higher milk prices, survey shows

59% stuck to their preferred brands, 19% cut down on consumption; 16% moved to cheaper alternatives of the same brand; a small number bought local milk or completely stopped consumption

BS Views of the week: Freebies, cybersecurity, milk prices, and more

Business Standard's opinion pages this week focused on freebies, cybersecurity, milk prices, and much more

Input cost pressure

Cattle feed shortage is pushing up milk prices

Mother Dairy to hike milk prices by Rs 2/litre in NCR from Tuesday

Mother Dairy has decided to hike milk prices by Rs 2 per litre in Delhi-NCR market with effect from Tuesday, citing rise in input costs. This is the fifth round of hike in milk prices this year by Mother Dairy, one of the leading milk suppliers in Delhi-NCR with volumes of more than 30 lakh litres per day. Mother Dairy has increased the prices of full-cream milk by Rs 2 to Rs 66 per litre, while toned milk rate has been revised to Rs 53 per litre from Rs 51 per litre. Double-toned milk rate has been increased to Rs 47 per litre from Rs 45 per litre. Mother Dairy has decided not to raise prices of cow milk and token (bulk vended) milk variants. The hike in milk prices will hit household budgets. Mother Dairy attributed the hike in prices to increase in the company's procurement cost of raw milk from dairy farmers. "It is an unprecedented year for the dairy industry. We have been witnessing a significant increase in demand of milk and milk products from both consumers and institut