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LATEST NEWS UPDATES | Fodder inflation could really shrink milk output -Amaresh Chandra, Purushottam Sharma and Bishwa Bhaskar Choudhary

Fodder inflation could really shrink milk output -Amaresh Chandra, Purushottam Sharma and Bishwa Bhaskar Choudhary

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published Published on Nov 8, 2022   modified Modified on Nov 9, 2022

-The Hindu Business Line

The fodder crop deserves a central place in the agri-ecosystem and needs institutional support, such as crop insurance

The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard.

Fodder inflation has seen a sharp hike in the last four months, despite the softening of overall WPI inflation in the recent months. The overall WPI inflation has eased to 10.70 per cent in September from 12.41 per cent in August. But the inflation rate of fodder remains more than double the wholesale inflation rate. Fodder inflation in September was 25.23 per cent, while it was at 20.57 per cent in the same month of last year.

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The Hindu Business Line, 8 November, 2022, https://www.thehindubusinessline.com/opinion/fodder-inflation-could-really-shrink-milk-output/article66112437.ece


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