New Delhi, Aug 16: After Amul, another dairy major Mother Dairy raised its liquid milk prices by Rs 2/litre with effect from Wednesday (August 17). The new prices will be applicable for all milk variants. A Mother Dairy spokesperson said that the company has been experiencing a surge in varied input costs which have increased multifold during the last 5 months. “For instance, the farm prices of raw milk have alone firmed up by about 10-11 percent in the said period.
Likewise, the cost of feed and fodder has also witnessed a significant rise during the same time due to the heat wave observed earlier in the country and on account of the extended summer season,” it said. The surge in farm prices is only being partially passed on to the consumers, thereby securing the interests of both the stakeholder consumers, and farmers. It is important to note that Mother Dairy passes around 75-80 percent of the sales realization from milk towards the procurement of milk.
