India’s milk production to grow by 5% in 2012
20 Oct 2012 2:06 AM GMT
India’s milk production is estimated to rise by 5 per cent to 129 million tonnes in the current calender year on account of strong prices and growing demand, United States Department of Agriculture [USDA] said.The country had produced 123 million tonnes of milk in 2011, it said.
‘Calender Year [CY] 2012 milk production is estimated at 129 million tonnes, 4.87 per cent up over CY 2011.CY 2011 fluid milk production is raised at 123 million tonnes, 1.23 per cent higher than previous estimates reflecting strong monsoon and good fodder availability,’ USDA said in its latest report.Non-fat Dairy Milk [NFDM] stocks grew significantly in 2012 as output rose in response to remunerative prices and the government’s prohibition on milk powder exports, it added.The government had imposed a ban on export of skimmed milk powder [SMP] in February last year due to rising prices of milk but had removed the ban in June 2012.India produces approximately 17 per cent of the world’s total dairy production and consumes virtually all of this.
‘Calender Year [CY] 2012 milk production is estimated at 129 million tonnes, 4.87 per cent up over CY 2011.CY 2011 fluid milk production is raised at 123 million tonnes, 1.23 per cent higher than previous estimates reflecting strong monsoon and good fodder availability,’ USDA said in its latest report.Non-fat Dairy Milk [NFDM] stocks grew significantly in 2012 as output rose in response to remunerative prices and the government’s prohibition on milk powder exports, it added.The government had imposed a ban on export of skimmed milk powder [SMP] in February last year due to rising prices of milk but had removed the ban in June 2012.India produces approximately 17 per cent of the world’s total dairy production and consumes virtually all of this.
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