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Goa Dairy said it will not raise its milk rates despite the Karnataka cabinet approving a Rs 8 per litre increase in Nandini base price. Goa already pays some of India's highest procurement rates.
The decision has no meaningful effect on commodity prices. It only shows that regional dairy pricing in India is diverging.
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.
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.