India's dairy production achieves nominal growth in 2024

게시됨 2024년 10월 28일

Tridge 요약

The USDA Foreign Agricultural Service in India predicts a slight growth in the country's cow herd and milk production in 2025, reaching 62 million head and 103.2 MMT respectively. This growth is attributed to various factors including government support, improving milk yield, remunerative prices for farmers, favorable weather conditions, and the absence of major disease outbreaks. The Indian budget for the fiscal year 2024-25 allocates more funds for the dairy and livestock sector, providing financial and technical assistance to milk farmers. Additionally, India has seen improvements in milk yields and farmers continue to receive lucrative prices for their milk, especially in regions with active dairy cooperatives. Overall, these factors are expected to continue contributing to the growth in milk production in 2025.
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원본 콘텐츠

The USDA Foreign Agricultural Service post in India forecasts India’s herd size of cows in milk at 62 million head in 2025, less than a 1% growth from 2024, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. The government’s increased support for the advancement of the national dairy sector, along with the expectations of high milk prices, good weather, steady availability of fodder, and an absence of a major disease outbreak, all influence the increased herd size. Cow milk production: India’s cow milk production is expected to reach 103.2 MMT in 2025, up from 101 MMT in 2024. In addition to the steadily growing herd size, various other factors that augmented milk production in 2024, are anticipated to boost milk production in 2025 as well. These factors include: Government support: India’s fiscal year 2024-25 budget, includes higher fund allocations for the advancement of the dairy and livestock sector. The government ...

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