Karnataka's Nandini milk and curd prices were revised from November 1, with milk rising Rs 8 to Rs 12 per litre depending on variety. The state raised the procurement price paid to about 2.69 million dairy farmers following talks between the government, milk unions and farmers.
The change is a state-level administrative pricing decision with limited direct effect on global feed grain or protein markets. It may modestly support dairy-sector cash flow and feed demand within Karnataka.
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.