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is a perishable produce and cannot, hence, be stored as such, unlike wheat, rice, pulses or sugar. it's only the fat and solids-not-fat (snf) portions — constituting about % and %, respectively by weight of cow milk, while % and % in the case of buffalo milk — that are storable. moreover, being produced
on a daily basis — again unlike, say, wheat that is harvested just once for consumption through the year — milk doesn't really need to be stored much. dairies typically convert its fat into white butter or ghee and the snf into skimmed milk powder (smp). such conversion happens during the "flush" season...
https://indiadairy.com/latest_news/price-stabilisation-buffers-time-has-come/