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Nov 1, 2026POLICYIndia

Karnataka milk hike raises dairy input costs for buyers

Karnataka raised Nandini milk procurement prices by Rs 8 per litre from November 1, with Rs 7 going to farmers. Tamil Nadu's Aavin also raised butter, ghee and curd prices in the same week.

WHY IT MATTERS

Higher Indian milk procurement costs raise dairy input costs for food makers and may support dairy product prices in India. The effect on global commodity prices is limited.

AFFECTSMilk (Class III)

SOURCE
news.procupy.comProcupy News DeskNov 1, 2026

Price reaction & history

Milk (Class III)no directional readSO FAR1d 0.0%5d —20d —

After 147 past policy events, Milk (Class III) moved a median -0.1% over 5 sessions (46% higher; middle half -1.0% to +0.6%), and -0.2% over 20.

Apr 7, 2020Mielke: Dairy industry calls for help | Capital Press-1.7%
May 6, 2021Dairy farmer groups propose Class III Plus for better milk pricing-0.4%
May 30, 2018Dairy markets: milk prices on the rise in Europe - 30 May 2018 Premium+0.6%
Apr 29, 2020Hearing on temporary Class I base price hike requested; concerns raised - Progressive Dairy | Ag Proud-12.4%
Dec 26, 2018Lots of good things for dairy in new farm bill-0.1%

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.

Milk (Class III) MILK · GP ▸

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