Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Spurt in SMP prices cheers dairy farmers -Rutam Vora

Spurt in SMP prices cheers dairy farmers -Rutam Vora

Share this article Share this article
published Published on Jan 2, 2019   modified Modified on Jan 2, 2019
-The Hindu Business Line

Export sops, higher consumption to help get rid of excess milk powder stocks

The New Year is set to bring smiles on the faces of dairy farmers, thanks to firm prices of the skimmed milk powder (SMP) following export incentives by the government.

Most co-operative dairies and private players were able to get rid of their excess SMP stock, which led to firming up of prices by at least Rs.20 a kg in the past fortnight.

No shortage

A section of consuming industry, however, has claimed shortage of SMP as a reason behind sudden spurt in prices. They claimed that the dairies had reduced processing due to heavy losses in SMP last year and farmers stayed away from investing in additional cattle in the flush season causing supply shortage in certain areas. SMP prices increased from Rs.195 to Rs.220 a kg in recent trades.

However, industry leaders rejected the claims stating that price rise is a fall-out of exports and increased consumption and will ultimately benefit dairies and farmers.

“Last 2-3 years, SMP prices had declined significantly from Rs.290 a kg to Rs.130-140 per kg. This resulted in losses for farmers. So, they reduced buying or investing in new cattle. But with lower prices, consumption went up and now that the exports are happening with government incentives, we see prices improve. There is no shortage,” said RS Sodhi, Managing Director, Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) — the marketer of Amul.

GCMMF has so far exported about 30,000 tonnes of SMP under the incentive scheme in past 2-3 months.

Please click here to read more.

The Hindu Business Line, 1 January, 2019, https://www.thehindubusinessline.com/economy/agri-business/spurt-in-smp-prices-cheers-dairy-farmers/article25883185.ece?homepage=true


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close