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Maharashtra's daily milk collection is about 1.10 crore litres, well below the 1.40 crore litres of a year earlier. Dairies have raised procurement prices steeply after a delayed flush season, linked to drought in some areas and floods in others.
Weather-driven milk shortages push up local procurement prices and may increase demand for feed to support lactating herds, supporting feed input costs in India.
indianexpress.comParthasarathi BiswasDec 6, 2019After 32 past bullish weather events, Milk (Class III) moved a median +0.1% over 5 sessions (50% higher; middle half -0.7% to +3.4%), and +3.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
