In milk, around 80 per cent of what consumers pay is passed on to the farmers in the form of procurement price
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Milk production may have increased, but the prices have risen sharply too. What's behind the rise in milk prices this year?
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk under the Amul brand, has no plans to increase prices of milk in the near future, its MD R S Sodhi said. GCMMF mainly sells milk in Gujarat, Delhi-NCR, West Bengal and Mumbai markets. The cooperative sells more than 150 lakh litres of milk per day, out of which Delhi-NCR accounts for nearly 40 lakh litres. Earlier this week, Mother Dairy hiked prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market, citing rise in input cost. Asked whether GCMMF has any plans to increase milk prices following Mother Dairy's rate hike, Sodhi said: "There are no plans in near future." He further said input costs have not gone up much since the last retail price increase by GCMMF in October. In mid-October, GCMMF raised the prices of Amul Gold (full-cream) and buffalo milk by Rs 2 per litre each across all markets except for poll-bound Gujarat, where assembly elections will be held i
The Kerala Co-operative Milk Marketing Federation, or Milma, on Thursday announced its decision to hike prices of milk by Rs 6 per litre which will come into effect from December 1.
Leading milk suppliers Amul and Mother Dairy have increased prices of full cream milk by Rs 2 per litre citing a rise in input costs. Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk under the Amul brand, has hiked the prices of Amul Gold (full cream) and buffalo milk by Rs 2 per litre each across all markets except for Gujarat. Following Amul's decision, Mother Dairy also announced an increase in prices of full-cream milk and cow milk by Rs 2 per litre in Delhi-NCR and some other markets in North India with effect from October 16. Mother Dairy's full-cream price has been revised to Rs 63 per litre from Rs 61 per litre while cow milk rate has been hiked to Rs 55 per litre from Rs 53 per litre. This is the third hike by both the leading players this year -- a move that will impact household budget. Rates were raised by Rs 2 per litre for all variants in March and August as well. Dairy firms have attributed the rise in milk prices to an increase in their ...
After Amul, another dairy major Mother Dairy has raised its milk prices by Rs 2 per litre on full cream and cow milk variants with effect from Sunday (October 16).
GCMMF, which sells milk under the Amul brand, has hiked the prices of Amul Gold and buffalo milk by Rs 2 per litre each across all markets except Gujarat. "Prices have been increased by Rs 2 per litre for Amul Gold and buffalo milk due to increase in fat prices," Gujarat Cooperative Milk Marketing Federation (GCMMF) managing director R S Sodhi told PTI. Prices have been raised for all markets except Gujarat, he added. The Cooperative had last increased the milk prices on August 17 by Rs 2 per litre citing rise in milk procurement cost. GCMMF passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers. Apart from Gujarat, GCMMF mainly sells milk in Delhi-NCR, West Bengal and Mumbai. GCMMF sells more than 150 lakh litres of milk per day and out of the total quantity, Delhi-NCR accounts for nearly 40 lakh litres per day.
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The hike -- which comes days before Janmashtami celebrations and months ahead of the flush season when milk supplies usually rise -- may impact household budgets
Mother Dairy has decided to increase milk prices by Rs 2 per litre in the Delhi-NCR with effect from Wednesday due to rise in its procurement and other input costs
Dairy major Amul feels prices will remain "firm" going forward due to increased pressure from energy, logistics and packaging costs, a top official said on Tuesday
A steep rise in the cost of services and consumables is prompting those in the restaurant, travel, and hotel business to revise their rate cards by 10-20% in the coming weeks
The stock jumped 19.23 per cent to Rs 548 on the BSE
Mother Dairy will increase milk prices by Rs 2 per litre in Delhi-NCR with effect from Sunday due to rise in procurement costs. The announcement comes within days after Amul and Parag Milk Foods increased prices by Rs 2 per litre each. "In view of the rising procurement prices (amount paid to farmers), fuel costs and costs of packaging material, Mother Dairy is compelled to raise its liquid milk prices by Rs 2/litre in Delhi NCR with effect from March 6, 2022," the company said on Saturday. Full cream milk will cost Rs 59 per litre from Sunday, up from Rs 57 per litre on Saturday. Prices of toned milk will increase to Rs 49, while double toned milk will rise to Rs 43 per litre. Cow milk prices have been hiked to Rs 51 per litre from Rs 49 per litre. Bulk vended milk (token milk) price has been raised to Rs 46 from Rs 44 per litre. It has also raised milk prices by Rs 2 per litre in Haryana, Western Uttar Pradesh and Uttarakhand. Markets beyond these select regions will be revise
Firm silent on extent of hike, says farmers faced cost push in the past nine months, which in turn led to an increase in procurement prices by Rs 3-4 a litre for the company
'Amul' brand of fresh milk will become costlier by Rs 2 per litre across the country from March 1, the Gujarat Cooperative Milk Marketing Federation (GCMMF) said
Union Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala on Tuesday denied farm leader Rakesh Tikait's allegation that there is a proposal to import milk from Australia.
Leading milk supplier Mother Dairy has increased milk prices in Delhi-NCR and other cities by Rs 2 per litre with effect from Sunday due to higher input costs
The price was being hiked after a gap of nearly one year and seven months