No further hike in milk prices: NDDB chief – Food Marketing Technology

“We don’t expect any reduction in milk prices till November,” RS Sodhi, president of the Indian Dairy Association, told FE last month. He had earlier said that stability in milk prices is expected only till the winter months.

The Finance Ministry last month attributed the rise in milk inflation to demand-supply mismatch and said it could be one of the factors apart from volatile international crude oil prices and limited supply of milk will impact the country’s inflation momentum.

High cost of feed and raw materials, and a combination of supply challenges, lumpy skin disease (LSD) and rising dairy exports have hit milk production and costs, with major organized players including Mother Dairy and Amul raising milk prices manifold. has increased. past year.

In the monthly economic review, the ministry said, “Milk production has been affected by lumpy skin disease affecting lakhs of cattle by the end of 2022.” Disease. “While this will increase the supply of milk, a general fall in inflation will lead to reduction in feed and transportation costs, which will bring down milk inflation,” it added.

For the first time in decades, the country’s milk production is likely to remain stagnant in 2022-23 due to LSD in cattle in several states and slowing impact of COVID-19 in the form of cattle stunting, a senior official of the Department of Animal Husbandry and Dairying said last month. stated in the figures. Milk production in 2021-22 was estimated at 221 million tonnes.