MILK PRICES

Andhra Pradesh rides the wave, leads India's fishing and aquaculture sector with 41% share

Andhra Pradesh leads India's fishing and aquaculture sector with a 40.9% share. The sector's output increased from Rs 80,000 crore in 2011-12 to Rs 1,95,000 crore in 2022-23. The livestock sector also saw growth, with milk, meat, and egg production rising. Uttar Pradesh and Rajasthan lead in livestock output, while Uttar Pradesh dominates sugar crop production. Bananas surpassed mangoes in value, and potatoes and onions lead vegetable output. Agriculture, forestry, and fishing contributed 18.2% to India's gross value added in 2022-23.

Why are milk, vegetable, and pulse prices rising? When will they come down? Here are some indicators

Food inflation in India has persisted at 8% year-on-year since November 2023. A severe heatwave has further reduced supplies of pulses, vegetables, and cereals, prompting minimal impact from export curbs and import tariff reductions. Experts suggest that a robust monsoon by early July could alleviate concerns over the delayed cultivation of kharif crops.

Stable government, good rains augur well despite costly cocoa: Mondelez

Mondelez Foods, known for Cadbury and Oreo, anticipates recovery in India due to a good monsoon and stable government. However, record cocoa prices may affect pricing and demand, says Samir Jain, Mondelez India's president.

10 Best Chocolate Gift Packs: Treat yourself and your Loved Ones with Sweet Surprises

Explore this selection of the best chocolate gift packs, curated to elevate any occasion. From rich dark chocolates to creamy milk chocolates, and decadent assortments of truffles, nuts, and fruits, there's something for every palate. Whether it's a birthday celebration, anniversary, holiday, or a simple gesture of appreciation, these chocolate gift packs offer a delectable way to express your affection to your loved ones. With beautifully crafted packaging and premium quality chocolates, these gift packs are sure to make any moment sweeter and more memorable.

Govt imposing more burden on people: CPI(M) on hike in milk prices, highway toll

The CPI(M) on Monday condemned the hike in milk prices and highway toll, saying the government was waiting until elections to impose "further burden" on the people. In a statement, the CPI(M) Politburo said the hike in highway toll will lead to increase in price of all commodities.

Bikanervala Foods not to hike prices of sweets amid rise in cost of milk

Bikanervala Foods Ltd has decided not to raise prices of sweets, instead opting to absorb the increased milk rates from suppliers Amul and Mother Dairy. The suppliers raised liquid milk prices by Rs 2 per litre, impacting consumers and small sweet shops. Director Manish Aggarwal stated the company will bear the higher milk costs for now but may adjust prices in the future to balance consumer sensitivity and competition.

Milk prices in India on the boil: What’s causing the hikes time and again?

Following India's completion of the monumental 18th Lok Sabha elections, a surge in prices emerged notably in milk and tolls. The nation's top two milk cooperatives, Amul and Mother Dairy, have announced a Rs 2 increase in their milk prices, effective June 3. Consequently, the full cream variants of Mother Dairy and Amul, previously priced at Rs 66 per litre in 2023, will now be priced at Rs 68 per litre.

Mother Dairy, after Amul, hikes milk prices by Rs 2/litre

In a statement, Mother Dairy attributed the price hike to production costs, which it said have been on the rise for over a year.

Amul milk price hike: 'Toh kya ho gaya…', Local finds it normal

Amul milk price hiked by Rs 2/litre from today, sparks consumer concerns post elections

The Gujarat Cooperative Milk Marketing Federation (GCMMF) has announced a Rs 2 per litre price hike for all variants of Amul milk, effective from Monday. The decision was made in response to the rising costs of operation and milk production. Jayen Mehta, Managing Director of GCMMF, confirmed the price increase, noting that the last adjustment was made in February 2023. The hike aims to compensate farmers for their increased production costs.

Inflation hits common man again: Amul hikes milk prices, highway toll tax increased by 3-5%

Mother Dairy increases milk prices by Rs 2 per litre in Delhi-NCR

Mother Dairy raised milk prices by Rs 2 per litre in Delhi-NCR market, following Amul. The price adjustment aims to offset rising production costs post-election, impacting various milk variants and sustainability in dairy farming.

Best Milk Chocolates in India: Relish the Perfect Creaminess (2024)

Are you looking for some of the best chocolates in the market? If so, then worry no more and continue reading this article to learn about the best milk chocolates in India. All of the mentioned options are from the most renowned chocolates brands across the world. You can get yours within a few clicks using the buying links shared in the article below.

FMCG giants pivot to premium: Nestle and ITC lead with innovative strategies

FMCG giants like Nestle India and ITC are adopting innovative strategies to tap into the growing demand for premium products. Nestle plans to hire tasters and connoisseurs for its super-premium Nespresso coffee and boutiques, while ITC is leveraging AI and ML to predict demand and recommend products for its premium portfolio, including Fabelle chocolates and skincare.

Best Milking Machines for Cows in India for Fast & Pure Milk (2024)

Are you looking for a cow milking machine? If so, then continue reading this article where we have curated a list of the best milking machines for cows in India. These machines will help your cow farm become smart and efficient, reducing your labour while increasing your output. Place your order using the given buying links in the article.

Assam: Purabi Dairy cooperative targets sale of 4 tons of local honey

“Our customers have consistently shared positive feedback, praising the rich, authentic taste and the purity of Purabi Honey. Initially, they tried the product by purchasing smaller packs, but now there has been greater demand for larger packs, which is why we introduced the half-kilogram pack,” said S M Hussain, Marketing, WAMUL.

Pakistan: Milk price soars to PKR 210 per litre in Karachi

Compared to the same week last year, there's been a 24.37 per cent increase in the SPI for the combined consumption group this week. The weekly SPI, calculated with the base year 2015-16 = 100, covers 17 urban centres and 51 essential items across all expenditure groups.

Nestle raises concerns over 'unprecedented' headwinds for commodity prices, expects milk prices to rise

Nestle, the world's largest packaged food company, faces significant challenges in commodity prices, particularly in coffee and cocoa, which are at all-time highs with an ongoing price rally. Additionally, milk prices are expected to rise due to harsh summer conditions, while cereals and grains are experiencing structural cost increases supported by minimum support prices (MSP).

Chocoholics Beware: Get ready to pay higher for chocolates, ice creams and cakes as cocoa prices skyrocket in India

The soaring cocoa prices are causing ripples in the chocolate and ice cream industry. Amul considers a substantial hike in chocolate prices due to cocoa bean costs rising to Rs 800/kg from Rs 150-250/kg. However, it plans to maintain ice cream prices. Baskin Robbins also feels the pinch but refrains from immediate price increases. Havmor Ice Cream, anticipating this challenge, aims to uphold current pricing through strategic measures.

Oh dear! The bill for your dinner date just went up. Blame it on pricey cocoa, coffee, palm oil & sugar

The cost of dining out and ordering in restaurants is rising, with bills potentially rising 5-8% starting this month. This is the first increase in about 1.5 years, as prices of cocoa, coffee, palm oil, and sugar have surged over the past quarter. Cocoa prices have reached a record, reaching over $10,000 per tonne, following disappointing harvests in key producing countries such as Ghana and Ivory Coast. Cocoa prices have doubled in the January-March quarter from the preceding one, and cocoa butter has risen over 150% in just one year.

45-50% growth in Amul’s summer product categories likely this year: MD

Amul India navigates cocoa price surge impact by passing on costs to consumers. However, as Amul is still a value for money brand, it would pinch the consumers much. Partnerships with CAMPCO aid cocoa bean producers. Expansion into the US fresh milk market and focus on ice cream and beverage SKUs drive growth expectations of 45-50%.

Amul goes international: Desi dairy giant to launch fresh milk in US within a week, says MD Jayen Mehta

For the first time, Amul fresh milk will be available outside India as GCMMF launches four variants in the US market to cater to Indian diaspora and Asian population. Teaming up with MMPA, GCMMF will handle marketing while MMPA takes care of processing. The move is expected to target NRIs and Asians in key US cities.

High temperatures expected to heat up ice-cream sales

The India Meteorological Department (IMD) has forecast summer season temperatures to be above normal this year with a greater number of heat-wave days. Leading ice-cream brands are already experiencing a surge in demand.