Economic TimesLean R·
El Nino Impact: Milk prices likely to go up, again
Pune: Milk prices, already up 2-3% in May, could rise further by July or August if El Nino and a deficient monsoon deepen fodder shortages and hit milk production, dairy industry executives said.Poor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, lowering milk output and pushing up prices.Major dairies, including Amul, Mother Dairy and Parag Milk Foods, increased milk prices by 2-3% in May. Tamil Nadu's Aavin has meanwhile cut supplies amid t…
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