
Amul and Mother Dairy raised milk prices by up to Rs 4 per litre from November 12, citing higher fodder, feed, packaging and fuel costs. Nandini raised retail milk prices in Karnataka by Rs 8 to Rs 12 per litre from November 1, and commercial LPG and other consumer goods also rose.
Higher feed and fodder costs cited by Indian dairy processors point to tighter domestic dairy economics and stronger farm-gate milk prices. The effect on feed-ingredient demand is modest, and the story has little direct impact on global commodity prices.
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.