Reading Time: 3 minutes 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
Dairy support price gets second bump of year
Dairy support price trimmed starting March 1
Reading Time: 2 minutes Canada’s dairy producers can expect their overall revenue from sales of industrial milk to slip nearly two per cent starting in March. The Canadian Dairy Commission on Thursday announced it will snip the support price it sets for skim milk powder effective March 1 to $6.3109 per kilogram — down from the current $6.4754 — […] Read more
Saputo profit jumps 17 pct on higher cheese, butter prices
Reading Time: < 1 minute Reuters – Canada’s largest dairy producer Saputo Inc reported a 17 per cent jump in quarterly earnings on Thursday, boosted by higher U.S. cheese and butter prices and recent acquisitions. The Montreal-based company, whose brands include Dairyland and 1/2 Moon cakes, said it intends to buy back 5 per cent of its common shares during […] Read more
A message from April Stewart, Country Guide's Associate Editor
