Canada’s dairy farmers seeking another milk price hike amid inflation – National & More News Here

Milk costs in Canada may very well be going up for the second time in a 12 months.

Dairy Farmers of Canada has requested the Canadian Dairy Commission for a mid-12 months milk price hike as a result of present inflationary surroundings.

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Milk costs soar throughout Canada as document price will increase for farmers kick in

The business foyer group says farmers are going through by no means-earlier than-seen price will increase on items and providers they should produce milk.

It says in lower than a 12 months fertilizer prices have risen 44 per cent, gasoline is up 32 per cent and animal feed has elevated eight per cent.


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Canadian dairy costs on the rise


Canadian dairy costs on the rise – Feb 16, 2022

The Canadian Dairy Commission says it should maintain consultations later this month and concern its choice round June 17.

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The federal physique, which oversees Canada’s dairy business and provide administration system, says the milk price improve could be efficient Sept. 1.

That would come after farm gate milk costs rose six cents per litre, or roughly 8.4 per cent, on Feb. 1.

© 2022 The Canadian Press

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