From March 1, the price of milk has been increased by Rs 10 per liter, yoghurt is being sold at Rs 200 per liter, the new rate has been applied to all major shops in the city.
Earlier, milk retailers have warned dairy farmers and wholesalers they would not raise the price of milk in the future without notification from the city administration.
The South American grains powerhouse is a major international corn, soybean and wheat supplier as well as the world's top exports of soymeal livestock feed.