Topic
milk
Commodities Milk production slows to 4% but organised dairies eye 13-15% revenue growth: CRISIL
CRISIL Ratings expects India's raw milk production to slow to 4% this fiscal, down from a 5% CAGR, due to El Niño-linked weather disruptions and rising fodder costs. However, organised dairies are projected to grow revenues by 13-15%, driven by price increases and expansion in value-added dairy products, despite flat operating margins.
Milk Prices May Rise Again by July as El Niño Threatens Fodder Supply
Milk prices in India, already raised 2-3% in May by major dairies, may increase another 3-4% by July or August if El Niño conditions and deficient monsoon worsen fodder shortages and impact milk production, according to dairy industry executives. Companies like Amul, Mother Dairy, and Parag Milk Foods are monitoring the situation, while the Maharashtra government has urged farmers to boost fodder production.