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Karnataka's government raised retail milk prices by Rs 8 per litre and curd by Rs 14 per kilogram. Farmer procurement payments rise to Rs 42 per litre from Rs 35, with a Rs 5 incentive on top.
The move has prompted political debate ahead of local elections.
The state-backed farmgate increase may support dairy herd size and cattle feed demand in Karnataka. The effect on national dairy and feed prices is likely limited.
After 147 past policy events, MILK 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.