Milk Price Hike

Industry asks government to consider imports as the season of abundant stocks fails this year

The former Uttar Pradesh CM said the first increase in prices of milk will eventually end up in poor people reducing the quantity of milk that they give to their children

Gujarat spared; in milk, 80% of consumer price is passed on to farmers as procurement cost

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 ...

With commodity prices deflating from their March peak levels, analysts expect the margin profile across consumer goods companies to improve going ahead.

The hike -- which comes days before Janmashtami celebrations and months ahead of the flush season when milk supplies usually rise -- may impact household budgets

The Gujarat Cooperative Milk Marketing Federation, which markets its dairy products under the Amul brand, on Tuesday increased the prices of its Gold, Taaza and Shakti milk brands by Rs 2 per litre

The flush season that usually begins in November-December is estimated to have shifted by 1-2 months because of the delayed monsoon.

Dairies to cut margins of distributors and retailers without raising their product prices

Early this month, Mother Dairy and Amul had raised milk price by up to Rs 3 per litre