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The Karnataka cabinet approved an ₹8 per litre increase on Nandini milk across all categories, effective November 1. Of the increase, ₹7 goes directly to farmers, lifting the base procurement price from ₹35 to ₹42 per litre, with ₹1 going to cooperative unions.
The decision follows drought, fodder shortages and rising input costs.
Higher farm-gate milk prices and fodder shortages in a major Indian dairy state tighten local feed demand and raise costs for dairy producers, supporting feed ingredient demand. The impact on global commodity prices is limited because the change is regional.
in.edairynews.comDamián MoraisNov 1, 2026After 17 past bullish policy events, Milk (Class III) moved a median -0.6% over 5 sessions (29% higher; middle half -1.6% to +0.2%), and -3.0% 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.
