Why Indians and Americans should drink more milk | India News
Consequence: Cheese costs have fallen sharply.
And right here’s the India story:
Our milk manufacturing has been rising sooner than ever (over 6% now in comparison with four% just a few years in the past).
Dairy sector shops surplus milk as Skimmed Milk Powder (SMP) to tide over seasonal fluctuations. That is then later become milk and different milk merchandise.
Extra milk means extra SMP. India usually exports quite a lot of it however fall in international demand from nations like the US has led to a glut of SMP available in the market.
This implies dairies not want as a lot milk as they used to. The outcome: Fall in milk costs. No surprise farmers have been seen spilling milk on roads in protest.