Australian consumers will not be hit by a price surge in dairy products in 2023 despite the market outlook pointing to another strong year for farmers, a new report has shown. According to the Australian Dairy Seasonal Outlook by Rabobank, a multinational financial institution specialising in food and agriculture banking, dairy prices are likely to…
Milk Price to Go Up Again in February: Canadian Dairy Commission
The Canadian Dairy Commission, which oversees federal and provincial dairy policies, will proceed with another round of wholesale milk price hikes effective Feb. 1. The Crown corporation, which already introduced two price hikes in 2022—8.4 percent last February, and 2.5 percent last September—will have the farm gate milk price rise by another 2.2 percent starting…
Health Canada Proposal for Warning Label on Ground Beef Upsets Ranchers
Beef producers are mounting opposition to a Health Canada proposal to label ground beef sold in stores as high in saturated fat. The proposal is part of an upcoming policy requiring warning labels on foods high in saturated fat, sugars, and sodium. Jennifer Babcock, senior manager of government relations for the Canadian Cattlemen’s Association, says…
Cost of Dairy Products to Rise Following Federal Commission’s Plan to Increase Milk Prices
The Canadian Dairy Commission (CDC) plans to increase the price of farm gate milk on Feb. 1, 2022, which is expected to push up the cost of other dairy products. “The increase in producers’ revenues will partially offset increased production costs due to the COVID-19 pandemic which caused revenues to remain below the cost of…
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