Farmers will get Rs 9.25 more per liter on buffalo milk from June 12. Like AMUL of Gujarat, Karnataka Cooperative Milk Producers Federation Limited (KMF) is the foremost company for dairy cooperatives in Karnataka.
It is number one in South India in terms of purchase and sale of milk. Like Amul (KMF) collects milk from farmers and sells it. KMF’s products are sold in Karnataka under the name of milk and other dairy products called Nandini. According to the news, KMF’s current director (marketing) M Raghunandan said that there is no shortage of milk in the state and KMF buys around 73 lakh liters of milk daily.
Increase in the price of milk Only the price of buffalo milk has been increased. Presently KMF is giving Rs 36.80 per liter to the farmers. At the same time, after the increase in prices, farmers will get Rs 46 per litre.
Milk prices to rise from 2021- According to data provided by food commodity price database Mintech, milk prices in India increased from Rs 46 to Rs 53 per liter from November 2021 to early May.
This is a major economic crisis for Indians, known as the world’s largest milk consumer.
Milk is bought daily in every household in India. The per capita consumption of milk is around 440 grams per person per day. Every Indian’s day starts with milk.
“People drink milk from a bottle in the morning, or use it in tea and coffee, a lot of Indian sweets are mostly made from milk,” he said. He also said that other local favorites made from milk include paneer, ghee and curd – all of which are part of the daily diet of Indians. Why the prices increased – High prices of animal feed and increase in demand of milk in this season is becoming the reason for increase in the prices of milk.
According to Matthew Biggin, commodities analyst at BMI, the research arm of Fitch Solutions, rising feed prices are preventing farmers from providing enough feed for their cattle.
According to the National Dairy Development Board of India, animal feed is usually made from corn, wheat, rice and many other grains. The prices of many of these grains saw a big jump in the middle of last year and their prices continue to rise. Some of the increase in prices was due to Russia’s invasion of Ukraine, which disrupted the supply chain and pushed up prices.
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