Combined export, import surge puts milk on the boil
India’s import of milk products jumped slightly over 1000% to $4.77 billion in 2022-23 even as export of fat items, such as clarified butter (ghee), surged to record levels due to high global prices, stoking the sharpest rise in domestic prices in a decade, data from the government-backed National Dairy Development Board (NDDB) show. A dip in productivity of milch cattle due to the lumpy skin disease epidemic, which is estimated to have killed and emaciated over 300,000 cattle last Read Full Details…