International food prices rise for 11th straight month in April, says FAO

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International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level […]

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Indigene’s food park in Telangana to get fully operational by next March; to generate Rs 500 cr business

Telangana-based Indigene Foods, which is setting up a dedicated park for the production of a wide variety of protein products, is expecting its 25 acre facility to become fully operational by the end of March, 2022. Speaking with Ritwik Sinha of indoasiancommodities, CEO of the firm Dr. Rangaiah Setlam said different sections of plant will become operational […]

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Global food prices rise for 10th month in a row

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Global food commodity prices rose in March, marking their tenth consecutive monthly increase, with quotations for vegetable oils and dairy products leading the rise, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 118.5 points in […]

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Amul’s Sodhi draws out blueprint for India’s desire to become global dairy hub

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Amul, the pioneer of India’s white revolution, is eyeing an opportunity to turn the country into a global dairy hub. Already accounting for a fifth of the world’s milk output, the country’s share is set to grow to about a third, said Amul’s Managing Director R.S. Sodhi. “In dairy, we have lot of export potential because […]

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Global food commodity prices rise for the ninth straight month in February – FAO

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Global food commodity prices rose for the ninth consecutive month in February, with quotations for sugar and vegetable oils increasing the most, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 116.0 points in […]

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Global food prices rose sharply in January

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Global food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to the Food and Agriculture Organization of the United Nations (FAO). FAO’s Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 113.3 points in January, marking a 4.3 percent increase […]

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India’s GCMMF eyes expansion as milk sales increase significantly

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The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the brand Amul, expects a 12-15 per cent growth in revenue in the current fiscal year over the previous year despite the COVID-19 pandemic and operational hurdles after a nationwide lockdown, The optimism stems from the growing household demand for branded food […]

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Dairy digitisation specialist Stellapps says plans to raise $15-$20 million by June

Bangalore headquartered Stellapps, a technology platform that is offering solutions to digitise the entire spectrum of dairy supply chain in the country, is expecting to raise a modest level of funding in the next round which will be concluded before June. Speaking with indoasiancommodities.com, Ranjith Mukundan, CEO & Co-Founder, Stellapps, said the company has attained […]

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