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Dairy cattle, Livestock, Markets

U.S. brings new Canadian dairy tariff rate quota complaint

'Additional aspects' of Canadian rules now at issue

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U.S. federal trade officials plan a whole other challenge of Canada’s allocations of tariff rate quotas (TRQs) on U.S. dairy imports — on top of a challenge they’re already seeking — saying they’ve now found Canada’s revised policies are problematic in new and different ways. Canada in May published revisions of its TRQ allocation policies
(Diane Kuhl/iStock/Getty Images)
Dairy cattle, Livestock

CUSMA compensation set for supply-managed sectors

Feds pledge over $1.7 billion in payments, programs

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A final round of payments and programs for Canada’s supply-managed dairy and feather sectors — this time in compensation for the sequel deal to NAFTA — is now on deck for 2023 and beyond. Compensation to those sectors for domestic market concessions granted under the Canada-U.S.-Mexico Agreement (CUSMA) was telegraphed in federal Finance Minister Chrystia
The 20 per cent increase in the price of butter from last year has seen many people give up on the product and opt for non-dairy alternatives.
Comment, Op/Ed

Comment: Milking Canadians no longer that simple

A recent press conference to announce Canadian Dairy Commission recommendations was a response to past criticism

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The Canadian Dairy Commission has just released its recommendations for 2023. Unlike last year’s shocking 8.4 per cent, which was almost double the previous record, the increase won’t be as dramatic. As of Feb. 1, 2023, most farmers in Canada will get about 2.2 per cent more for their milk. Provincial boards have the final
glass of milk and dairy cows
News

EU sees lower meat and dairy output

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Meat and dairy production in the European Union is expected to decline this year and next as livestock farms feel the effects of drought, disease outbreaks and rising costs, the EU’s executive said Oct. 5. A historic drought in Europe this summer has reduced availability of grass and grain to feed herds, increasing costs for
(Artisteer/iStock/Getty Images)
Dairy cattle, 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
Fonterra dairy group hikes 2023 earnings forecast on strong demand
Markets, News

Fonterra dairy group hikes 2023 earnings forecast on strong demand

By
New Zealand’s Fonterra Co-operative Group has raised its earnings forecast for fiscal 2023, citing strong demand and higher prices for its milk products, and said it expects a further boost if favourable conditions persist. The world’s biggest dairy exporter said it now expects to earn between 45 and 60 New Zealand cents per share in
DFM says extraordinary cost increases justified a nearly 11 per cent increase in milk prices.
Dairy cattle, News

Province’s dairy farmers needed second price hike, DFM says

Lack of transparency in price-setting makes Canadian dairy an easy target for critics

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High feed costs, after-effects from last year’s drought and other rising costs made double dairy price hikes necessary for Manitoba farmers, Dairy Farmers of Manitoba says. “Farmers were telling us – you know, I could feel it too – that, you know ‘I’ve already used up all my cash reserves’, and costs were rising quickly,
Markets

New Zealand dairy, meat farmers disappointed in EU trade deal

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New Zealand dairy, sheep and beef farmers say they are disappointed by the recently signed New Zealand-European Union free trade agreement, claiming it provides little new access to the profitable market for meat and dairy. The agreement, which has been in negotiation since mid-2018, will remove tariffs on a wide range of products and be
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Dairy cattle, Livestock, Markets

New CEO named for Canadian Dairy Commission

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The Canadian Dairy Commission has hired from within for its new chief executive. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced Benoit Basillais, the CDC’s director of policy and economics, became the Crown corporation’s new CEO effective Monday. Basillais replaces Serge Riendeau, the dairy producer and former Agropur Co-operative president who’s been the CDC’s chief
File photo of the Agropur logo on its former fluid milk plant in Winnipeg. (Dave Bedard photo)
Dairy cattle, Livestock

Agropur backs major upgrades for Nova Scotia ice cream plant

Dairy co-op puts up $34M to 'redefine space' at Truro

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Major dairy co-operative Agropur is putting up eight figures to upgrade an ice cream and frozen novelties plant it owns in Nova Scotia to handle new premium product lines. The co-operative said June 17 it will invest $34 million in the former Scotsburn plant at Truro, to “redefine the space within the plant (and) support

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