June 30, 2020
by Zahrah Imtiaz – Dairy feed prices have dropped significantly in India with demand for feed on the decline since February. Dairy consultancy, Progressive Dairy Solutions Ltd, General Manager, Munish Sharma told Asian Agribiz that prices have reduced by 20-30%. “This is keeping with the drop in milk prices by 30% since the lockdown. This is having an impact on farmers,” he said. Despite Indian cooperatives having record milk procurement during the lockdown, milk consumption has suffered with a lack of institutional sales. “Overall there is a massive reduction in milk demand,” he added.