Dairy farmers have won a rare mid-year price hike to address rising costs of production, but it falls short of what’s needed to keep pace with inflation. The Canadian Dairy Commission approved a 2.5% increase in the farmgate milk price this week in response to a request the Dairy Farmers of Canada made at the …
DFC
Dairy raises US ire
Canada’s dairy sector had the honour last week of triggering the first US enforcement action under CUSMA, the country’s new free trade deal with the US and Mexico that took effect July 1. US Trade Representative Robert Lighthizer says Canada’s reservation of tariff rate quotas (TRQs) specifically for dairy processors prevents the US dairy sector from …
Dairy sector demands action
Concessions under CUSMA, which replaced NAFTA at the beginning of July, have cost the BC dairy industry approximately $8.6 million to date. This week, through Dairy Farmers of Canada, producers called on Ottawa to announce compensation and a clear timeline for delivering the direct payments it promised the sector as a result of the new …