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<keyword id="19934680" type="General" weightage="20" keywordseo="Amul" source="keywords" meta.keywordsubtype="org" meta.entityname="Amul" meta.hostid="261" meta.entityid="Amul">Amul</keyword>, has been recognized as the strongest food and <keyword id="20467955" type="General" weightage="20" keywordseo="dairy-brand" source="keywords">dairy brand</keyword> globally, according to the <keyword id="20220223" type="General" weightage="20" keywordseo="Brand-Finance" source="keywords" meta.keywordsubtype="org" meta.entityname="Brand Finance" meta.hostid="261" meta.entityid="Brand Finance">Brand Finance</keyword> Food &amp; Drink 2024 report. In a post on X (formerly Twitter), Amul posted, "We are pleased to inform you that Amul is ranked as the strongest <keyword id="22460165" type="General" weightage="20" keywordseo="food-brand" source="keywords">food brand</keyword> and strongest dairy brand in the world as per Food &amp; Drink 2024, the annual report on the most valuable and strongest food, dairy &amp; non-alcoholic drinks brands by @BrandFinance , world's leading brand consultancy" The annual report by Brand Finance, a global brand valuation consultancy, highlights the growing influence of Amul in the international market. The company's <keyword id="22862818" type="General" weightage="20" keywordseo="brand-strength" source="keywords">brand strength</keyword> was evaluated with a Brand Strength Index (BSI) score of 91.0 out of 100, earning it the prestigious AAA+ rating. Amul's performance in familiarity, consideration, and recommendation metrics solidified its position as a global leader in the food and dairy sectors. While Amul shines in brand strength, the report identifies Nestle and Lay's as leaders in brand value. Nestle retained its title as the world's most valuable food brand, despite a 7 per cent decline in brand value to USD 20.8 billion. The company's ability to adapt to changing consumer preferences and maintain a diverse product portfolio has been key to its enduring success. Lay's, on the other hand, saw a 9 per cent increase in brand value, rising to USD 12 billion and securing the second spot globally. Lay's innovative product offerings, including its Flavour Swap and MAX lineups, have driven its brand value growth. The Brand Finance report also notes a 4 per cent decline in the overall brand value of the food and beverage sector, now totalling around USD 268 billion. This decline is attributed to consumers increasingly favoring smaller, private-label brands offering unique, personalized products over traditional big names. Convenience foods, however, are bucking the trend, with rising brand value due to growing demand from busy consumers. Brands like Healthy Choice and DiGiorno have seen a 17 per cent increase in brand value, driven by innovative product releases and strategic marketing. Amul's ascension as the world's strongest food and dairy brand is a testament to its consistent innovation, effective marketing strategies, and strong consumer trust. The cooperative's commitment to quality and its extensive product range has made it a household name not just in India but across the globe. With an 85 per cent share in the Indian butter market and a 66 per cent market share in cheese, Amul's brand equity continues to grow stronger each year. The dairy industry, however, faces its own set of challenges. The report notes a 6 per cent dip in the total brand value of the top 10 dairy brands, now at USD 43.8 billion. Despite this, Amul has retained its title as the strongest dairy brand for the fourth consecutive year, thanks to its unique cooperative structure and impactful branding efforts. Meanwhile, Valio, a Finnish dairy brand, has emerged as the fastest-growing dairy brand, with a 31 per cent increase in brand value, driven by its acquisition of Planti, a producer of plant-based dairy alternatives. Sustainability continues to be a critical factor for brands. Nestle leads the food sector with the highest Sustainability Perceptions Value at USD 1.4 billion, while Coca-Cola tops the non-alcoholic drinks sector with a value of USD 5.2 billion. The report suggests that brands like Lay's and Pepsi, with high positive gap values, could further enhance their market positions by better communicating their sustainability efforts. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-and-airtel-gained-over-3-million-subscribers-in-june-vi-lost-nearly-a-million/articleshow/112670406.cms">Reliance Jio and Airtel gained over 3 million subscribers in June, Vi lost nearly a million</a> <a href="https://www.businessinsider.in/tech/mobile/news/the-iphone-pro-models-will-be-made-in-india-for-the-first-time-this-year/articleshow/112653019.cms">The iPhone Pro models will be made in India for the first time this year</a> <a href="https://www.businessinsider.in/stock-market/webstories/orient-technologies-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112646237.cms">Orient Technologies IPO – Price band to risk factors, all you need to know</a>

Amul emerges as world's strongest food and dairy brand, topping global rankings in Brand Finance Food & Drink 2024 Report

<ul class="summary-list"><li>Avian flu, or bird flu, has been detected among cattle and chickens in multiple states.</li><li>Pasteurized animal products should still be safe to consume.</li></ul>Since the outbreak of highly pathogenic avian influenza (or, bird flu) reached cows and hens, there have been concerns about the safety of produce, and whether Americans should avoid certain foods.The USDA said that as of now, there is <a target="_blank" href="https://www.aphis.usda.gov/news/agency-announcements/federal-state-veterinary-public-health-agencies-share-update-hpai">no concern</a> that this should pose a risk to consumers. At the same time, it noted that this is a "rapidly evolving situation."The <a target="_blank" href="https://www.aphis.usda.gov/news/agency-announcements/usda-fda-cdc-share-update-hpai-detections-dairy-cattle">USDA</a> reported cases of HPAI in cattle herds across multiple states on March 25. As of Tuesday, that virus had reached chickens in Texas, <a target="_blank" href="https://calmainefoods.gcs-web.com/node/13596/pdf">Cal-Maine Foods announced</a>, "resulting in the depopulation of approximately 1.6 million laying hens" as a precaution.<a target="_blank" href="https://cals.cornell.edu/samuel-david-alcaine">Dr. Samuel Alcaine</a>, an associate professor of food science at Cornell University, said the USDA and CDC have been <a target="_blank" href="https://www.businessinsider.com/bird-flu-avian-influenza-outbreak-us-h5n1-wiping-out-everything-2023-4">tracking avian flu for a while now</a>, but the recent detection of it in cows is a new development."Overall, I don't think there's a significantly increased risk to the US consumer as long as they're already following the basic food safety practices that we should be following at home anyways," he said.Still, he shared the measures you can take to stay safe.<h2>Most animal products are safe to eat</h2>The US agriculture industry has strict protocols about quarantining sick animals so as not to spread the virus, The <a target="_blank" href="https://www.nytimes.com/2024/04/05/well/eat/bird-flu-dairy-milk-eggs.html">New York Times reported</a>.Additionally, most commercial animal products, such as milk, cheese, and liquid eggs (egg yolks) go through a pasteurization process.Alcaine said that according to existing research on the avian flu, "the temperatures that we use for pasteurization are more than adequate to inactivate the virus."<h2>Embrace firm egg yolks</h2>To be extra safe, fully cook your meat and eggs, said Alcaine. Just as you would to prevent <a target="_blank" href="https://www.businessinsider.com/salmonella-outbreak-linked-to-raw-dough-3-people-in-hospital-2023-3">salmonella</a> or <a target="_blank" href="https://www.businessinsider.com/e-coli-outbreak-sickening-people-multiple-states-ohio-michigan-2022-8">E.coli</a> infections, you should cook meat and eggs at hot-enough temperatures to prevent illness.According to the <a target="_blank" href="https://www.cdc.gov/foodsafety/communication/salmonella-and-eggs.html">CDC's salmonella guidelines</a>, you'll want to cook eggs until both the egg and yolk are firm, such as hard-boiled or scrambled eggs. (You can also use pasteurized eggs if you're craving them poached.)<h2>Cook meat to the right internal temperature</h2>For meat, <a target="_blank" href="https://www.cdc.gov/foodsafety/keep-food-safe.html">the CDC recommends</a> cooking ground meats to 160°F and poultry to 165°F.Additionally, Alcaine said you'll want to be wary of cross-contamination, such as keeping the utensils used to handle raw meat and eggs away from cooked food.<h2>Raw animal products can carry bacteria</h2>Most states require dairy products to be pasteurized, and any products that cross state lines must be pasteurized by federal law, Dr. Sumiko Mekaru, the vice president of research &amp; innovation at PHC Global, a bio risk threat intelligence platform provider, <a target="_blank" href="https://abcnews.go.com/Health/bird-flu-outbreak-poses-risk-safety-americas-food/story?id=108856122">told ABC News</a>.However, <a target="_blank" href="https://worldpopulationreview.com/state-rankings/raw-milk-legal-states">some states</a> allow the sale of raw milk and unpasteurized cheese, which have been <a target="_blank" href="https://www.politico.com/news/magazine/2024/03/10/the-alt-right-rebrand-of-raw-milk-00145625">growing in popularity</a> over recent years.While Alcaine said that there's no evidence yet that this particular virus is spread through eating raw food, "we do know that things like raw milk also have issues with salmonella and listeria contamination."In general, <a target="_blank" href="https://www.businessinsider.com/is-raw-unpasteurized-milk-healthy-safe-to-drink-2019-12">drinking raw milk</a> can lead to side effects like vomiting and diarrhea, and just to be safe, the <a target="_blank" href="https://emergency.cdc.gov/han/2024/han00506.asp">CDC also suggests</a> abstaining in light of this recent outbreak.

What you need to know about eating meat, dairy, and eggs during the bird flu outbreak, according to a food safety expert

<ul><li>As demand for ice creams and cold beverages increases, <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>’s consumer companies are amping up their marketing activities and lining up new product launches.</li><li>Consumer companies are hopeful that the summer season will bring in cheer and serve as a respite from the pandemic-associated slumber.</li><li>Some leading companies have already witnessed a growth of over 50% this summer.</li><li>We speak to leading ice cream and beverage companies to find out more about their summer plans.</li></ul>The COVID-19 pandemic wreaked havoc on businesses of all sizes and kinds. Ice cream and cold beverages, however, were one of the most affected industries. The industry was severely affected due to several country-wide lockdowns and closing down of consumer marketplaces. A viral rumour linking ice cream to increased COVID-19 risk made the matters worse. While the <a href="https://twitter.com/PIBMumbai/status/1255693276415475718">World Health Organisation</a> did step in to address the rumours, the damage was already done. After melting under lockdown woes and its cascading impacts for two years, ice cream brands have a reason to cheer this summer. Consumer companies are seeing high demand for ice cream and cold beverages as consumers look for some relief from the sweltering heat. A spokesperson for <keyword id="6376312" type="General" weightage="20" keywordseo="mother-dairy" source="Orion">Mother Dairy</keyword> said that the company’s milk-based ice creams and dairy-based beverages have recorded over 50% growth in sales ‘on account of early summers and subsequent rise in temperatures, enhanced number of distribution assets coupled with the opening up of restaurants, offices, educational institutions, etc.’ The leading dairy company is optimistic that this summer, in its current progression, would likely add further momentum going ahead and is going to be ‘one of the best seasons for the ice cream and cold beverages industry.’ “This season, we are introducing 10 new variants of ice creams in order to keep our consumers excited and the highlight for this season is our shahi kulfi range wherein we are introducing four new royal Indian flavors namely Phirni, Paan, Malai and Pista. The offtake of dairy-based beverages is also being witnessed across all channels with thirst-quenching products such as chaach (buttermilk) and lassi (buttermilk) leading the pack,” said a company spokesperson. Milkshake and ice cream brand <keyword id="2972537" type="General" weightage="80" keywordseo="keventers" source="Orion">Keventers</keyword> also sees its biggest boom during the hot months of the year. Due to the early onset of summer, paired with intense heat waves across large parts of the country, Keventers’ co-founder Aman Arora said that the company clocked its ‘best sales’ in April this year. “We’ve seen a good jump in sales, and we’re hopeful this will continue. Our hottest products have been the cold coffees and chocolate milkshakes, but we are seeing some love when it comes to our newly launched ice creams as well. Our goal is to make Keventers something you enjoy year-round, not just during the summer,” said Arora. As restrictions on travel and social gatherings have been lifted, businesses have resumed across the country and people have started stepping out, out-of-home consumption of ice creams has also seen a small jump. As per industry experts Business Insider India spoke to, as out-of-home consumption is gearing speed, the surge in demand is skewed towards the impulse portfolio. Marketing and growth, both back on the fast track To make the most of this surge in demand, Ice cream and dessert brand <keyword id="693719" type="General" weightage="80" keywordseo="baskin-robbins" source="Orion">Baskin Robbins</keyword> is upping its marketing game to reach out to a wider set of consumers. Raghav Ravichandar, the general manager of marketing at Baskin Robbins said, “Our spends at the very least are likely to be 20% higher this summer than in earlier years. While our sales in 2020-21 were lower than earlier years, the recovery in 2021-22 has been both spectacular and also immensely satisfying. We are back on the fast track to high double-digit growth.” India has experienced a particularly <a href="https://www.businessinsider.in/science/environment/news/is-indias-intense-heat-wave-a-sign-of-climate-change-and-global-warming/articleshow/91367952.cms">hot summer</a> this year. The hottest March in 122 years was followed by even more <a href="https://www.businessinsider.in/science/environment/news/heatwave-in-india-what-is-wet-bulb-temperature-why-is-it-important-and-how-to-measure-it/articleshow/91306156.cms">intense heat waves</a> in April. As per the India Meteorological Department, April was the <a href="https://internal.imd.gov.in/press_release/20220402_pr_1551.pdf">hottest </a>month for northwest and central India and the third-hottest April the country has seen over the past 122 years, from 1901 to 2022. Due to this prevailing hot and humid weather in India, the ice cream and cold beverages industry is expected to grow significantly in the coming years. As per research and analytics firm <a href="https://www.expertmarketresearch.com/reports/india-ice-cream-market#:~:text=The%20India%20ice%20cream%20market,INR%20442%20billion%20by%202026.">Expert Market Research</a>, the Indian ice cream market is expected to grow at a CAGR of 14% between 2021 and 2026 to reach a value of approximately ₹442 billion by 2026.

Early summer brings cheer for ice cream brands in India

<ul><li>The <keyword id="6393794" type="General" weightage="20" keywordseo="dairy" source="Orion">dairy</keyword> industry has been experiencing a consistent surge in raw <keyword id="6362951" type="General" weightage="20" keywordseo="milk" source="Orion">milk</keyword> prices. </li><li>Both the major dairy brands, <keyword id="15267021" type="General" weightage="50" keywordseo="amul-and-mother-dairy" source="Orion">Amul and Mother Dairy</keyword> had in August hiked milk prices by ₹ 2 per litre. </li><li>This is being done owing to multifold increase in varied input costs.</li></ul> After <keyword id="26280" type="General" weightage="80" keywordseo="amul" source="Orion">Amul</keyword>, another dairy major <keyword id="6376312" type="General" weightage="100" keywordseo="mother-dairy" source="Orion">Mother Dairy</keyword> has raised its milk prices by ₹ 2 per litre on full cream and cow milk variants with effect from Sunday (October 16). A Mother Dairy spokesperson said that the dairy industry has been experiencing a consistent surge in raw milk prices, which has increased by about ₹ 3/kg in the last two months alone, owing to multifold increase in varied input costs. "Increased fodder prices and low rainfall in some northern states have aggravated the situation. We are therefore compelled to revise prices to support farmers and ensure availability of quality milk for consumers," he said. Earlier, during the day, the Gujarat Cooperative Milk Marketing Federation (<keyword id="134812" type="General" weightage="20" keywordseo="GCMMF" source="Orion">GCMMF</keyword>), which sells milk and milk products under the brand name 'Amul' had announced raising the rates of full cream milk and buffalo milk by ₹ 2 per litre amid the festive season. The price of full cream milk has increased from ₹ 61 per litre to ₹ 63 per litre. Both the major dairy brands, Amul and Mother Dairy had in August hiked milk prices by ₹ 2 per litre to compensate the increase in procurement costs. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/us-offer-to-help-india-in-chip-manufacturing-just-lip-service-china/articleshow/94882797.cms">US offer to help India in chip manufacturing just lip service: China</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/two-months-with-samsung-galaxy-z-fold-4-as-a-daily-driver-its-only-getting-better/articleshow/94864757.cms">Two months with Samsung Galaxy Z Fold 4 as a daily driver: It's only getting better</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/us-pilots-are-worried-that-5g-rollouts-can-trigger-altimeter-failures-in-aircrafts/articleshow/94863029.cms">US pilots are worried that 5G rollouts can trigger altimeter failures in aircrafts</a>

Mother Dairy raises milk prices by ₹ 2 per litre on select variants

<ul class="summary-list"><li>A massive fire and explosion erupted at a Texas dairy farm this week, according to authorities</li><li>The fiery blast killed more than 18,000 cows at South Fork Dairy Farms in the Texas city of Dimmitt.</li></ul>Nearly 20,000 cows were killed and one person was injured in a massive explosion and fire at a Texas dairy farm this week, making it the deadliest inferno disaster for cattle in the United States in the last decade.The fiery blast erupted at South Fork Dairy Farms in the Texas city of Dimmitt on Monday night, according to authorities. Photos <a href="https://www.facebook.com/permalink.php?story_fbid=pfbid02Bozshk61j7hb5nLG8YnxEdtS2MRVXMJ8gitqBdHdpbVSTkHoxGnT43L1B9Y7PG2Cl&amp;id=100069128143279" target="_blank" rel="noopener">released by the Castro County Sheriff's Office</a> showed huge plumes of smoke billowing from the facility during the disaster. Only a small percentage of the cows at the farm survived the tragedy, <a href="https://www.newschannel10.com/2023/04/11/reports-upwards-18000-cattle-lost-explosion-dimmitt-dairy-farm/" target="_blank" rel="noopener">according to local news outlet KFDA</a>, which reported that more than 18,000 cattle perished. "There's some that survived, there's some that are probably injured to the point where they'll have to be destroyed," Castro County Sheriff Sal Rivera said of the animals, KFDA reported.The Animal Welfare Institute told Insider that the blaze was the deadliest barn fire for cattle in the country and the deadliest barn fire in Texas since the non-profit organization started tracking barn fires in 2013.Hundreds of thousands of farm animals are killed every year as a result of barn fires and since 2013 more than 6.4 million animals — most of which were chickens — have perished in barn blazes, <a href="https://awionline.org/content/barn-fires" target="_blank" rel="noopener">according to the organization</a>. The organization said that the "devastating numbers, which likely do not even represent the full scale of the problem, serve as an urgent reminder to the industry to prioritize fire safety and prevention on farms.""We hope the industry will remain focused on this issue and strongly encourage farms to adopt commonsense fire safety measures," said Allie Granger, policy associate for AWI's farm animal program. "It is hard to imagine anything worse than being burned alive."The cause of the Monday's inferno remains under investigation, but Rivera <a href="https://cw39.com/news/texas/castro-county-sheriff-gives-update-on-monday-explosion-at-south-fork-dairy/amp/">told the KIAH news outlet</a> that the initial explosion could have been caused by a machinery malfunction. The explosion erupted, causing a fire which then spread to a building on the property used to hold the cattle, Rivera said, citing witnesses, according to the report. First responders at the scene discovered a worker trapped inside the facility and fire crews were able to rescue that person, who was ultimately hospitalized, the Castro County Sheriff's Office said."The magnitude of the fire and the amount of people that were here, we were very fortunate that it was less than what we had," Rivera said, <a href="https://abc7amarillo.com/news/local/we-were-very-fortunate-castro-county-sheriff-sal-rivera-provides-update-on-south-fork-dairy-fire-texas-dimmitt-mike-schouten-mission-dairy-panhandle-industry-cows" target="_blank" rel="noopener">according to KVII</a>. "We had just one injured it could have been a lot worse."

Nearly 20,000 cows are believed to have been killed in an explosion and fire at a Texas dairy farm

<ul class="summary-list"><li><keyword id="11915967" type="UNKNOWN" weightage="60" keywordseo="warren-buffett" source="Orion">Warren Buffett</keyword>'s <keyword id="11915968" type="UNKNOWN" weightage="60" keywordseo="berkshire-hathaway" source="Orion">Berkshire Hathaway</keyword> is so large it's causing headaches for <keyword id="12229252" type="UNKNOWN" weightage="60" keywordseo="federal-judges" source="Orion">federal judges</keyword>.</li><li>Judges who own Berkshire's stock don't always realize one of its subsidiaries is in their court.</li></ul>Warren Buffett has acquired scores of businesses across dozens of industries during the nearly six decades he's been running <a href="https://markets.businessinsider.com/stocks/brk-b-stock">Berkshire Hathaway</a>.The vast scale of the investor's conglomerate, with its subsidiaries within subsidiaries, has led to federal judges who own Berkshire stock presiding over cases involving Berkshire-owned businesses, without realizing their conflicts of interest.<keyword id="14385403" type="UNKNOWN" weightage="60" keywordseo="ralph-erickson" source="Orion">Ralph Erickson</keyword>, who sits on the US Court of Appeals for the 8th Circuit, flagged the issue in a <a href="https://www.uscourts.gov/sites/default/files/22-cv-h_suggestion_from_hon._ralph_erickson_-_rule_7.1_0.pdf">recent letter</a> to the heads of two judicial-rules committees. He revealed that several judges have told him they've made substantial gains on Berkshire stock, and don't want to incur capital-gains taxes by selling the shares and investing in an ETF or mutual fund instead.The judges contacted Erickson upon discovering Berkshire was the parent or ultimate owner of a company in their court, sometimes after they had presided over the case. While litigants have to disclose their immediate parent, they don't have to trace their ownership any further, meaning conflicts aren't always being caught before cases are assigned or judges rule, Erickson wrote.Erickson gave the example of <keyword id="14385404" type="UNKNOWN" weightage="60" keywordseo="orange-julius" source="Orion">Orange Julius</keyword>, a chain of fruit-drink stores owned by International <keyword id="12030413" type="UNKNOWN" weightage="60" keywordseo="dairy-queen" source="Orion">Dairy Queen</keyword>, which is itself owned by Berkshire. He noted the problem extends beyond Berkshire too; he pointed to Citigroup, which has controlling interests in roughly 300 companies."The conflict is a thorny one for judges to maneuver in the field," Erickson wrote, adding that judges owning Berkshire shares and deciding cases involving Berkshire-owned businesses created a "conflict nightmare."In other words, judges who are Berkshire shareholders stand to profit if the company's stock rises, so the risk is they might rule in favor of a Berkshire subsidiary or be more lenient towards it in the hope of enriching themselves.Erickson proposed making it easier for judges to defer capital-gains taxes if they preemptively divest themselves of holdings such as Berkshire, and called for companies to be required to disclose their ultimate owners.<a href="https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-q2-businesses-bnsf-housing-cars-jets-2021-8">Buffett's businesses</a> includes Geico, See's Candies, Fruit of the Loom, MidAmerican Energy, BNSF Railway, Precision Castparts, Duracell, NetJets, Dairy Queen, and Marmon, an industrial holding company that owns over 100 businesses.Berkshire's cheaper "B" shares have more than tripled in value over the past decade, boosting Berkshire's market value to north of $600 billion.Read more: Insider recently interviewed the CEOs of 5 Berkshire Hathaway businesses: <a href="https://www.businessinsider.com/sees-candies-warren-buffett-berkshire-hathaway-pandemic-inflation-brands-growth-2022-5?r=US&amp;IR=T&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets" target="_blank" rel="nofollow noopener">See's Candies</a>, <a href="https://www.businessinsider.com/dairy-queen-warren-buffett-berkshire-hathaway-pandemic-inflation-troy-bader-2022-5?r=US&amp;IR=T&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets" target="_blank" rel="nofollow noopener">Dairy Queen</a>, <a href="https://www.businessinsider.com/borsheims-warren-buffett-berkshire-hathaway-jewelry-pandemic-inflation-karen-goracke-2022-5?r=US&amp;IR=T&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets" target="_blank" rel="nofollow noopener">Borsheims</a>, <a href="https://www.businessinsider.com/cort-jeff-pederson-warren-buffett-berkshire-hathaway-pandemic-inflation-recession-2022-6?utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets" target="_blank" rel="nofollow noopener">Cort</a>, and <a href="https://www.businessinsider.com/brooks-running-jim-weber-warren-buffett-berkshire-hathaway-inflation-pandemic-2022-5?r=US&amp;IR=T&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets" target="_blank" rel="nofollow noopener">Brooks Running</a>. They offered a rare glimpse inside Warren Buffett's company, and shared how they're dealing with the pandemic and inflation.

Warren Buffett's Berkshire Hathaway is so big that it's sparking conflicts of interest — as judges who own its stock don't always realize when a case involves a subsidiary

<ul><li>The 30-share BSE index Sensex was up 401 points, and the NSE Nifty was trading 0.92% higher at 9:55 am. </li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock market indices opened higher on Tuesday, tracking gains in banking and energy stocks, and amidst positive cues from Asian peers on renewed hopes for a new US stimulus package. The 30-share BSE index Sensex was up 401 points, and the NSE Nifty was trading 0.92% higher at 9:55 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Britannia </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">BPCL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nestle India </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Steel </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HUL </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HDFC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Axis Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SBI Life </td></tr></tbody></table>*as of October 21, 09:50 am These are the top stocks in news today. Reliance Industries gains over a percent The shares of Mukesh Ambani-led Reliance Industries gained over a percent during the early trading hours on Wednesday. This after the telecom arm of the company, Reliance Jio, and the US-based Qualcomm joined hands to fast-track the deployment of 5G mobile internet in India. Prabhat Dairy jumps 12% The shares of Prabhat Dairy jumped over 12% on Wednesday. The rally came despite the markets regulator SEBI directing Prabhat Dairy to cooperate with the forensic auditor and deposit over ₹1,292 crore in a nationalised bank within seven days until the conclusion of the audit. Hindustan Zinc trades 4% higher The shares of integrated mining and resources producer of zinc, Hindustan Zinc gained nearly 4% after its board approved the highest interim dividend in 12 years of ₹21.3 per share. Vedanta rallies 4% The shares of Vedanta rallied over 4% after it received ₹5,843 crore as a dividend amount from Hindustan Zinc. Vedanta held 64.92%, stake in the company as of September 30. L&amp;T Construction gains over a percent The shares of construction major L&amp;T were trading 1% higher after it bagged construction projects worth in the range of ₹2,500-5,000 crore from “prestigious clients.” Shriram Transport Finance gains 3% The shares of Shriram Transport Finance gained over 3% after the company said it has raised ₹100 crore by issuing bonds on a private placement basis. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-ril-ioc-ongc-cipla-hindustan-zinc-prabhat-dairy-and-others/articleshow/78780036.cms" data-type="tilCustomLink">Top stocks to watch — RIL, IOC, ONGC, Cipla, Hindustan Zinc, Prabhat Dairy, and others</a> <a href="https://www.businessinsider.in/tech/mobile/news/checkout-samsung-galaxy-m51-mobile-review/articleshow/78780771.cms" data-type="tilCustomLink">Samsung Galaxy M51 review – insane battery life</a> <a href="https://www.businessinsider.in/defense/news/india-will-be-most-consequential-partner-for-us-in-indo-pacific-this-century/articleshow/78780949.cms" data-type="tilCustomLink">US Defence Secretary believes India will be the most consequential partner for US in Indo-Pacific this century</a>

Top stock movers — Reliance Industries, Vedanta, Britannia, Prabhat Dairy, HUL, TCS, L&T Construction and others

<ul class="summary-list"><li>The Pfizer and Moderna <keyword id="1754604" type="PERSON" weightage="60" keywordseo="coronavirus">coronavirus</keyword> vaccines must both be kept in extremely cold conditions, necessitating the use of dry ice to deliver and store the vaccines.</li><li>Dry ice is also heavily used in the cheese-making industry where <keyword id="6393794" type="UNKNOWN" weightage="60" keywordseo="dairy">dairy</keyword> cultures must be kept cold to avoid spoilage.</li><li>Wisconsin Gov. Tony Evers announced on Wednesday that he would be appropriating up to $3.25 million in funding from the CARES Act to support the state's nine ethanol plants. Carbon dioxide is a byproduct of the ethanol creation process and can be turned into dry ice.</li></ul>In a press conference on Tuesday, Minnesota Gov. Tim Walz announced that competition for dry ice may occur between companies shipping novel coronavirus vaccines and <keyword id="26528" type="ORGANIZATION" weightage="60" keywordseo="cheese">cheese</keyword> and dairy manufacturers.It could be "The great cheese/vaccine wars of 2021," <a href="https://twitter.com/bill_mcguire/status/1336403380462301185?s=20">one person tweeted</a> in response.Dry ice, the colloquial term for frozen carbon dioxide, is commonly used in the food industry to keep ingredients at a low temperature for cross-country travel. A block of dry ice has a temperature of about -109.3 degrees Fahrenheit, or -78 degrees Celsius - much colder than the average freezer or a standard ice cube made of water.Supplies of dry ice are now in high demand as the distribution of <keyword id="8763838" type="UNKNOWN" weightage="60" keywordseo="covid-19">COVID-19</keyword> vaccines is set to begin around the United States. Pfizer, a pharmaceutical corporation, is expected to have the first coronavirus vaccine cleared by US regulators. Unlike most vaccines however, Pfizer's is required to be shipped and stored at -70 degrees Celcius. Moderna, a biotech company, also produced a coronavirus vaccine and recently applied for emergency approval from the US Food and Drug Administration to begin vaccine distribution. Moderna's vaccine is not required to be kept in as cold of an environment as Pfizer's, but will still require copious amounts of dry ice to store and ship across the country.On Wednesday morning, Wisconsin Gov. Tony Evers announced his plan to use up to <a href="https://urbanmilwaukee.com/pressrelease/gov-evers-announces-additional-support-for-wisconsin-ethanol-producers/">$3.25 million in funding from the CARES Act</a> to support the state's nine ethanol producers. Carbon dioxide is a byproduct of ethanol production and can later be processed into dry ice.ASCO Carbon Dioxide Ltd, a Swiss dry ice manufacturing company providing pelletized dry ice to customers worldwide, told Insider in an email the company is "getting a lot of inquiries for dry ice production solutions by pharmaceutical firms."The company said it is also receiving inquiries from logistics companies that are expecting to deliver the COVID-19 vaccines."The challenge is that they need huge amounts of dry ice in a very short timeframe," the company said.As Minnesota's governor alluded to on Tuesday, the increase in demand for dry ice could interrupt the cheese and dairy industries which also rely on dry ice.According to a report from <a href="https://www.wsj.com/articles/covid-19-vaccines-start-a-frenzy-for-dry-ice-its-like-a-herd-of-mustangs-11607007166">The Wall Street Journal</a>, the Wisconsin Cheese Makers Association recently appealed to state and federal officials to reserve the necessary 350,000 pounds of dry ice every week to keep up with the demand. Rebekah Sweeney, the communications education and policy director for the Wisconsin Cheese Makers Association, explained to Insider that dry ice is essential to the cheese-making industry."Dairy cultures have to be kept in a super frozen state to be viable and culture manufacturers and their distributors use 350,000 pounds of dry ice per week to supply worldwide," Sweeney said. She also mentioned the dairy industry uses dry ice to package and distribute its products around the world and is responsible for $620 billion of economic impact in the US alone.But with proper action, which Sweeney says the governors of Minnesota and Wisconsin are currently taking, she's not concerned about the industry."It's amazing to hear that things seem to be taken seriously and it seems like people are rising up to meet that challenge," Sweeney said.Dan Geiger contributed reporting.

The rollout of the coronavirus vaccine could hurt the dairy and cheese industries due to an increase in dry ice demand

<ul class="summary-list"><li>The University of Wisconsin-Madison posted a job listing for a "descriptive sensory panelist." </li><li>The role includes tasting and evaluating different foods such as cheese and pizza.</li></ul>The University of Wisconsin-Madison recently put out a <a href="https://jobs.wisc.edu/jobs/descriptive-sensory-panelist-madison-wisconsin-united-states-e9599179-ecb2-4b88-a5be-be6603ecc523" target="_blank" rel="noopener">job advert</a> for a "descriptive sensory panelist" at its Center for Dairy Research — basically, a fancy way of saying "food taster."The lucky hire will sit on a panel of expert tasters who will be trained on how to describe the appearance, texture, taste, and aroma of various foods for product development and research purposes, according to the listing. The research center is "looking for individuals passionate about all types of foods, but especially cheese, pizza, and other dairy products."This could mean tasting up to 24 cheese samples and 12 pizzas a week, as well as other foods, it said. The role is temporary with the possibility of an extension and will be based on-site at the university's campus in Madison, Wisconsin. Panelists must be available for three-hour consecutive periods and up to three sessions a week. It pays $15 per hour. The Center for Dairy Research dates back to 1890. It offers science-based research and education about the dairy industry, according to its <a href="https://www.cdr.wisc.edu/about" target="_blank" rel="noopener">website</a>. Insider contacted the University of Wisconsin and the research center for comment but did not immediately hear back.

A dairy research center is hiring a paid food taster who should be willing to try 12 pizzas and 24 cheese samples a week

<ul><li>Cadbury dropped a new ad last Friday and the internet went gaga over it. The ad went viral immediately and people still haven’t stopped talking about it.</li><li>Mondelez India and <keyword id="531122" type="General" weightage="20" keywordseo="ogilvy-india" source="Orion">Ogilvy India</keyword> gave reimagined one of their popular ads from the ’90s, Cadbury Cricket 1993, and reversed the gender roles to celebrate women athletes.</li><li>And the internet is loving the much-needed plot twist. The giant has reversed the advertisement and this time, a man performs a candid, adorable celebratory dance to cheer his friend/partner.</li><li>We speak to experts to find out why a recreated ad has worked so well and how does it reflect on changing gender narratives in the advertising and marketing industry.</li></ul>I remember watching Cadbury’s iconic Stadium ad in the 90s. It was so liberating to see a woman dance in front of a packed stadium, unabashedly. It is 2021 and we women are still told how to speak, sit and talk and in the 90s, when women barely had any good, non-domestic leading roles in ads, Ogilvy and Mondelez’s ad was revolutionary. She forgets all these filters that are ingrained in our minds and just takes to the stadium to celebrate her friend’s victory, completely carefree. She was breaking the barriers metaphorically to simply express her joy and be herself. It was way ahead of its time. When I first got to know that the old Cadbury Cricket ad has been recreated, I was a little scared, to be honest. It is too iconic to be messed with (watch any Bollywood songs from the 90s which have been recreated recently, the result is disastrous). But again, it is Ogilvy and Cadbury. If someone can recreate an old ad without losing its magic, it is them. I opened the link to the ad and my worries melted away in a second, as a Dairy Milk Silk bar does on a hot day. I felt like a 10-year-old again and at the same time, I was extremely delighted to see a woman cricketer. <div type="Article" hostid="261" msid="86284608" title="Cadbury Dairy Milk recreates its iconic stadium advertisement, with a wonderful twist" mstype="2" mssubtype="0"></div> This is the contemporary take that was long overdue. The film, conceptualized by Ogilvy India, for Mondelez India, shows a young woman cricketer scoring a winning boundary and her male friend running towards the field dancing with unabashed glee, celebrating her smashing performance, as the crowd cheers on. As he passes by the security team and the woman blushes, I had a huge smile on my face and goosebumps. This ad is definitely staying with me for a long, long time. The film ends with the powerful message of #GoodLuckGirls in recognition of today’s equal world where more women are breaking barriers and pursuing their dreams. And it is not just me. It has become a huge hit online and both millennials and GenZ haven’t stopped talking about it yet. Ogilvy India has beautifully retained the commercial’s soul by using the same background score by <keyword id="4457" type="General" weightage="20" keywordseo="shankar-mahadevan" source="Orion">Shankar Mahadevan</keyword> ‘Asli Swad Zindagi ka’ and keeping the dance unchoreographed. Internet users are, ergo, gushing about its nostalgia value and talking about how they have connected strongly with the ad like they did 28 years ago. Here are a few examples of how they reacted: <div type="twitter" handle="tahira_k" handlename="Tahira Kashyap Khurrana" image="http://pbs.twimg.com/profile_images/1313053660285345792/Fj8Kk_uF_normal.jpg" favoritecount="38" retweetcount="4" status="Love this🌈 https://t.co/8kukAes3ON" createdat="1631860372000" id="1438752798603046915"></div> <div type="twitter" handle="Rajyasree" handlename="Brown Sahiba" image="http://pbs.twimg.com/profile_images/1280013725617930240/lOqSTrkm_normal.jpg" favoritecount="3" retweetcount="1" status="The new Cadbury's dairy milk ad manages to be nostalgic and modern. Clever idea. Reinvent the wheel, but only sligh… https://t.co/WvP7KzddwR" createdat="1631854063000" id="1438726335984070656"></div> <div type="twitter" handle="beastoftraal" handlename="Karthik 🇮🇳" image="http://pbs.twimg.com/profile_images/1140493276316745734/WH-6N17h_normal.jpg" favoritecount="17137" retweetcount="4271" status="Oh wow!! Take a bow, Cadbury Dairy Milk and Ogilvy :) A simple, obvious twist that was long overdue, and staring ri… https://t.co/8rWdYMxf3L" createdat="1631853973000" id="1438725960354779143"></div> <div type="twitter" handle="bathamania" handlename="Vbatham" image="http://pbs.twimg.com/profile_images/1269631899523301381/0AQFq1lF_normal.jpg" favoritecount="0" retweetcount="0" status="@beastoftraal bang on. Brilliant gender reversal of the iconic Cadburys adv...instant reminder of my adolescent years" createdat="1631866588000" id="1438778870723796994"></div> Team Ogilvy was scared and excited to recreate this ad but they trusted the idea and stood up to the challenge. “It needed a brave client back in 1993 to go ahead with the original Cadbury Cricket film that became so popular. It needed an even braver client to attempt something with an iconic film and make magic out of it. I am delighted that the team at Mondelez India and at Ogilvy India has done this magic, made it relevant, exciting, and so Cadbury, in its bold and front foot fashion,” said <keyword id="6375200" type="General" weightage="20" keywordseo="piyush-pandey" source="Orion">Piyush Pandey</keyword>, Chairman of Global Creative &amp; Executive Chairman, India. Sukesh Nayak, Harshad Rajadhyaksha and Kainaz Karmakar, Chief Creative Officers, Ogilvy India said, “To recreate such a big hit is like setting yourself up for a million opinions. The only reason we went ahead was it felt right, and it felt awesome. We loved the idea from our gut. Luckily, so did the client.” We reached out to senior creative folks from the advertising industry to find out their opinion on this remake. Here’s what they had to say: <cmsannotation type="cmsannotation" annotationid="Russell Barrett, CCO &amp; CEO, BBH India and Publicis Worldwide India:" text="Russell Barrett, CCO &amp; CEO, BBH India and Publicis Worldwide India:">Russell Barrett, CCO &amp; CEO, BBH India and Publicis Worldwide India:</cmsannotation> Firstly, let me start by saying that the original Cadbury’s ad was not just a lovely ad for its time, but the sheer infectious joy that ad captured ensured it also travelled well. Even through time. It was at that time already an ad that promoted a strong, confident female narrative. But remaking an old classic does not immediately guarantee that the remake will be successful. Many ads have been remade over the years and have not managed to gain this kind of traction. The ads detractors (yes, there are a few) feel it has been opportunistic, however, I believe that it has made a culturally relevant point at a time where we are seeing the emergence of a strong social narrative. Timing is eventually everything and the timing of this ad couldn’t have been better than today. Especially after the brilliant showing of our female athletes in Tokyo and of course at the onset of the women’s teams tour of Australia. <cmsannotation type="cmsannotation" annotationid="Rahul Mathew, Chief Creative Officer, DDB Mudra Group:" text="Rahul Mathew, Chief Creative Officer, DDB Mudra Group:">Rahul Mathew, Chief Creative Officer, DDB Mudra Group:</cmsannotation> Advertising’s relationship with the Cadbury girl goes way beyond the brand itself. We’ve shamelessly borrowed her for countless manifestoes, avs, references and moodboards to represent carefreeness or unbridled joy. Because in that inimitable jig, all of us saw a bold girl who crossed more than just the boundary rope. Today, that same jig has been used to salute our bold girls in blue. I’ve always believed that the true power of advertising lies in being able to have conversations with society. The girl did it then and the boy is doing it now. <cmsannotation type="cmsannotation" annotationid="Mukund Olety- Chief Creative Officer, VMLY&amp;R India:" text="Mukund Olety- Chief Creative Officer, VMLY&amp;R India:">Mukund Olety- Chief Creative Officer, VMLY&amp;R India:</cmsannotation> The original was the reason behind a lot of people joining advertising. It truly defined a generation. What an iconic it was! And to recreate this classic required some guts, conviction and brave clients. And thank God for that. Hitting straight out of the park, this recreated classic turns gender roles over its head and defines the new generation. As a standalone, it’s a lively ad with a clear message. It’s charming and memorable. Add a sprinkle of nostalgia for goosebumps. I really hope the ad industry does not jump on to the remaking bandwagon. Like Bollywood. The first couple of times, it’s fun but when you overdo it, it gets to you. The changing narrative around gender reflects the changing society and mindset. And I am glad more and more brands are saying the right things, even in their mainstream communication and not just as a one-off or an awards piece. <cmsannotation type="cmsannotation" annotationid="Ramanuj Shastry, Director and Co-founder, Infectious Advertising:" text="Ramanuj Shastry, Director and Co-founder, Infectious Advertising:">Ramanuj Shastry, Director and Co-founder, Infectious Advertising:</cmsannotation> Nostalgia is a powerful feeling and the new Cadbury’s Dairy Milk ad inspires that among the 45+ crowd who watched the original some 27 years back. Refreshing the ad by flipping the genders of the protagonists is a smart move. The ad confirms to the changing gender stereotypes in the A&amp;M Industry.

Here’s what experts have to say about Cadbury Dairy Milk’s latest ad that has taken the internet by storm

Mumbai, Feb 13 () <keyword id="108820" type="PERSON" weightage="20" keywordseo="milk-prices">Milk prices</keyword>, which have risen by Rs 4-5 per litre over the past nine months, are likely to stabilise in 2020-21 as production is expected to pick up due to abundant water availability and anticipated normal monsoon, according to a report. Production of <keyword id="6362951" type="UNKNOWN" weightage="20" keywordseo="milk">milk</keyword> has been shrinking since April last year due to high summer temperatures and lower availability of water, made worse by delay in rainfall, ratings agency <keyword id="6359483" type="COMPANY" weightage="20" keywordseo="Crisil">Crisil</keyword> said in the report. This was followed by floods in various parts of the country, leading to poor animal health. Also, water logging in green pastures kept animals from grazing and damage to crops such as maize and sugarcane, which are used for fodder, crimped fodder availability, leading to lower milk production in the country, it added. This fiscal, milk production is expected to be lower by 5-6 per cent year-on-year at 176 million tonnes. The flush season that usually begins in November-December is estimated to have shifted by 1-2 months because of the delayed monsoon. 
 <div type="Youtube" id="JeGHtDtwmAc" title="Why Camel Milk Is So Expensive | So Expensive" thumbUrl="https://i.ytimg.com/vi/JeGHtDtwmAc/mqdefault.jpg"></div>



 Crisil said milk prices began moving up in May 2019, with Gujarat Cooperative Milk Marketing Federation (GCMMF, better known as Amul) and Mother Dairy hiking the maximum retail price of their full-cream milk pouches by Rs 2 per litre. The two giants followed this up with a further hike of Rs 2 and Rs 3 per litre, respectively, in December, taking it to Rs 55 per litre. Other large dairy processors have started following suit, spurred by the shortfall in milk production around the country, and thereby supply. However, Crisil said milk production is expected to pick up in 2020-21, given abundant water in reservoirs and expectations of a normal monsoon. That should arrest any further rise in milk procurement and retail prices. Further, rabi sowing area had increased 10 per cent as on January 31, 2020. This is expected to lead to a 12 per cent increase in crop production for the season and higher arrivals of key crops such as wheat, bajra, jowar and maize from March would mean copious fodder availability, which should raise milk production next fiscal, the report said. This is expected to stabilise milk procurement costs, bolstering the operating margins of dairy processors. So, milk prices are not expected to rise any further in the coming few quarters, unless monsoons spoil the game for processors, it added. See Also: <a href="https://www.businessinsider.in/heres-why-you-see-so-many-ads-for-soaps-and-shampoos-but-not-for-milk/articleshow/68479581.cms">Here’s why you see so many ads for soaps and shampoos but not for milk</a> <a href="https://www.businessinsider.in/policy/news/amul-and-mother-dairy-milk-prices-heritage-foods-parag-milk-and-hatsun-agro-stock-impact/articleshow/73069943.cms">Indian government wants to stop milk prices from boiling over — investors in Heritage Foods, Parag Milk, and Hatsun Agro are watching closely</a>

You Searched For "dairy industry" and got 11 results

Amul emerges as world's strongest food and dairy brand, topping global rankings in Brand Finance Food & Drink 2024 Report

ANI

What you need to know about eating meat, dairy, and eggs during the bird flu outbreak, according to a food safety expert

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Early summer brings cheer for ice cream brands in India

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Mother Dairy raises milk prices by ₹ 2 per litre on select variants

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Nearly 20,000 cows are believed to have been killed in an explosion and fire at a Texas dairy farm

Natalie Musumeci

Warren Buffett's Berkshire Hathaway is so big that it's sparking conflicts of interest — as judges who own its stock don't always realize when a case involves a subsidiary

Theron Mohamed

Top stock movers — Reliance Industries, Vedanta, Britannia, Prabhat Dairy, HUL, TCS, L&T Construction and others

Navdeep Yadav

The rollout of the coronavirus vaccine could hurt the dairy and cheese industries due to an increase in dry ice demand

Madison Hall

A dairy research center is hiring a paid food taster who should be willing to try 12 pizzas and 24 cheese samples a week

Sawdah Bhaimiya

Here’s what experts have to say about Cadbury Dairy Milk’s latest ad that has taken the internet by storm

Karuna Sharma

India will have to live with high milk prices for at least a few more months

PTI

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