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Tag Archives milk prices

(Noel Hendrickson/DigitalVision/Getty Images)
Livestock

Farmgate milk price hike delayed to May

Stakeholders say increase should be postponed amid food inflation concerns

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The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission said Wednesday. The commission had […] Read more
(Video screengrab from Saputo.com)
Livestock

Hold off on milk price hike, dairy farmers say

Dairy commission to consult again before making annual adjustment

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The process to set the next national price adjustment for Canadian milk will now take an extra week, triggered by stakeholder objections, for a round of consultations — in which the national dairy farmer group plans to call for a delay on any increase. The Canadian Dairy Commission — the Crown corporation managing Canada’s milk […] Read more
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Livestock

Dairy commission fills board vacancy

Green tech CEO named to commissioner spot on CDC board

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Concerns that the Canadian Dairy Commission could be caught short at its board table have been resolved with a new appointment to a vacant commissioner’s chair. Federal Agriculture Minister Marie-Claude Bibeau on Sept. 27 announced Shikha Jain will be the CDC’s commissioner for a four-year term effective Sept. 15. Jain, who lives at Guelph, is […] Read more
(Noel Hendrickson/DigitalVision/Getty Images)
Livestock, Markets

Mid-year farm gate price hike approved for milk

Processors say incremental hike may soften impact on consumers

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A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs of production, has been granted. The Canadian Dairy Commission said Tuesday it will recommend that the farm gate price for milk be increased effective Sept. […] Read more
(Peggy Greb photo courtesy ARS/USDA)
Livestock

Dairy support price gets second bump of year

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Facing depressed world prices for milk, Canada’s dairy farmers can expect a boost of about 2.76 per cent in their overall revenue from industrial milk sales starting Sept. 1. The Canadian Dairy Commission on Friday announced an unusual second increase this year in the support prices it sets for butter ($8.0062 per kilogram, up from […] Read more
(Photo courtesy Arla Foods)
Livestock, Markets

Arla CEO says world dairy market in crisis

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Copenhagen | Reuters –– Arla Foods, one of Europe’s biggest dairy companies, said on Wednesday the global milk market was in crisis due to oversupply, but it expected demand, particularly from China, to pick up at the end of the year. Headquartered in Denmark, Arla is Britain’s largest and the world’s seventh-largest dairy company. It […] Read more
Discount retailers’ success in Britain has led established grocery firms to cut prices for certain basic produce. (Aldi.co.uk)
Livestock, Markets

U.K. grocers Morrisons, Aldi give ground in milk dispute

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London | Reuters — British supermarkets Morrisons and Aldi responded on Friday to pressure from financially strapped dairy farmers by raising the price they pay milk suppliers. U.K. farmers have warned they face financial ruin, with falls in the price of milk forcing many out of work and spurring others to blockade distribution centres and […] Read more
Discount retailers’ success in Britain has led established grocery firms to cut prices for certain basic produce. (Aldi.co.uk)
Livestock, Markets

U.K. farmers fear financial ruin from low milk prices

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London | Reuters — British farmers warned Monday they were facing financial ruin, with falls in the price of milk forcing many out of work and spurring others to blockade distribution centres and walk cows through supermarkets. Farming unions from across the country were meeting in London to urge the government to provide more help […] Read more

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