◂ Event Timeline

Nov 1, 2026POLICYIndia

Milk price hike aimed at protecting farmers' interests: Minister Dr Sharanprakash Patil

Karnataka minister Sharanprakash Patil said the Rs 8 per litre milk price increase supports dairy farmers facing drought and rising cattle feed costs. He added that the government will not gain financially from the hike.

WHY IT MATTERS

Drought and higher cattle feed costs are squeezing Indian dairy farmers, which raises the risk of lower milk output. The effect on global feed commodity prices is limited.

AFFECTSMilk (Class III)

SOURCE
newspointapp.comNO-AUTHORNov 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.

Aug 2, 2018Is the Milk Margin Protection Program doing enough to help Vt. farmers?0.0%
Jan 24, 2018Weekly Digest: California producers seek emergency hearing, milk price hike - | Ag Proud-0.1%
Oct 1, 2022Milk mystery: As prices soar, dairy farmers plead poverty | Globalnews.ca+11.4%
May 6, 2021Dairy farmer groups propose Class III Plus for better milk pricing-0.4%
Nov 29, 2023Milk Price Differentials Long Overdue for an Update | Farm Bureau Intel Markets | American Farm Bureau Federation-4.7%

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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