Indian farmers strike, UK shoppers trade down, and US exports strengthen

Published 2023년 3월 23일

Tridge summary

Dairy farmers in Tamil Nadu, India, are threatening to withhold their milk supply if their demands for a price increase are not met by the state government. They argue that they are receiving better prices from the private sector. Meanwhile, in the UK, consumers are cutting costs by opting for cheaper milk brands as inflation affects purchasing power. There has been a notable shift towards private-label dairy products, with sales of branded milk seeing a significant decline. Despite this, cheese sales have remained stable with a notable increase in feta sales. In the US, dairy exports, including non-fat dry milk and skimmed milk powder, have seen a substantial increase of 14.8% year on year in January 2023, driven by demand from Mexico and China. Overall, dairy product exports in January rose by 16% in volume and 21% in value.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Some Tamil Nadu-based dairy farmers have threatened to withdraw fresh milk supply if they cannot reach an agreement with the state government over the procurement milk price. The farmers, who supply the Tamil Nadu Cooperative Milk Producers Federation (Aavin), India’s fourth largest milk co-op, demand a raise of Rs7 ($0.085) per liter. The co-op currently pays Rs35 ($0.42) for a liter of cow’s milk and Rs44 ($0.53) for a liter of buffalo milk, and farmers say they are getting better prices from the private sector, where firms pay Rs42 for cow milk and Rs46 per liter of buffalo milk. Tamil Nadu officials deny that the protests have caused milk shortage in the South Indian state. British consumers are choosing cheaper brands of fresh milk to cope with inflationary pressures. According to research commissioned by AHDB, only 27% of UK consumers have chosen to reduce dairy consumption for cost reasons. But there’s evidence that shoppers are trading down - data from Kantar reveals a ...

Source: Dairyreporter