
Bengaluru Milk Union president D.K. Suresh defended Karnataka's recent increases in retail milk and curd prices, saying they were needed to protect dairy farmers' earnings.
He said farmers now receive ₹42 per litre for milk plus a ₹5 incentive, while costs have risen sharply for oil cake, bran, maize and soybean cake, and green fodder is in short supply.
Higher procurement prices are intended to offset rising feed and fodder costs and reduce the risk that farmers leave dairying. The reported increases in maize and oilcake costs indicate tighter feed demand and could support prices for CORN and SBM in the affected market.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.