Indian dairy farmers bucked the trend of global milk price collapse
India’s dairy farmers fared much better than their counterparts in the world’s leading export countries during the latest crash in milk prices.
India is the largest milk producer country in the world, producing 18.5% of world production. Yet their dairy farmers fared much better than their counterparts in the world’s leading export countries during the latest crash in milk prices.
There is also a big difference in milk price between the different states in the country. In Maharashtra milk prices did fall by 28% but in Gujarat prices increased by 10%.
Average milk price increase
Figures from the NDDB (National Dairy Development Board) show that the average milk price increased across the whole country from Rs 25.73/kg (32.5 c/l) to Rs 26.3/kg (33.20 c/l) within the last year.
An official from the NDDB said only in states where private dairies operated did milk prices fall but in the states where co-ops operated farmers continued to achieve better prices.
India exports very little of its total production but its industry is able to increase due to the steady demand for value-added products as well as liquid milk. In volume terms the country’s milk industry grew by 4% annually in the last five years.
Source : Farmersjournal