Milk prices are expected to remain high this summer due to tight demand-supply balance and high input costs, said Reserve Bank of India (RBI) Governor Shaktikanta Das at the first bi-monthly monetary policy of 2023 on Thursday. “Milk prices could remain firm due to high input costs and seasonal factors,” said Das. The RBI’s observation comes a day after reports stated that the government was mulling import of dairy products this...

-Hindustan Times Increasing spells of summer heatwave in northwestern India, thought to be linked to climate change, are hurting milk productivity, or output per cattle, while raising costs of production for farmers. Increasing spells of summer heatwave in northwestern India, thought to be linked to climate change, are hurting milk productivity, or output per cattle, while raising costs of production for farmers, a study by the flagship National dairy Research Institute has...

-The Hindu Business Line Average prices of liquid milk in the North Eastern region saw the highest increase between January 1 and November 22, followed by the North, East, West and South regions. Inflationary pressures on milk remain unabated as Mother dairy has decided to hike prices on two of its milk variants, effective Monday. While milk prices have been on the rise this year, dairy products such as curd and ice...

-Down to Earth Rise in demand for meat and dairy products was reconciled through the intensification of livestock systems Intensification of food production is gaining prominence in a world battered by climate change and food insecurity. Intensification aims to increase output for each unit of input (labour, land, time, fertiliser, seed, feed, or money). The need for intensification is more pressing when the supply of food needs to be augmented. For instance, in...

-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...