To streamline milk classification and increase transparency in the milk pricing system, the CDC intends to implement the following changes on February 1, 2023.
The Class 2b1 definition will be modified as follows, “Milk shakes for retail sale that comply with the federal product standard for milk shake mixes; crème fraîche, all types of fudge, pudding, and Indian sweets.”
OTTAWA, November 1, 2022
The Canadian Dairy Commission (CDC) announced today an increase to the support price for butter that will be effective February 1, 2023. The support price for butter will increase from $10.0206 per kg to $10.2180 per kg.
OTTAWA, November 1, 2022
In October 2022, the Canadian Dairy Commission (CDC) conducted the annual review of Canadian farm gate milk prices. As a result of the review and consultations with stakeholders, the CDC intends to implement the following change on February 1, 2023.
The Canadian Dairy Commission provides leadership to enhance the vitality of Canada's dairy industry for the benefit of Canadians.
Find out about what drives the Commission into providing the leadership needed to enhance the vitality of Canada's dairy industry.
October 14, 2022
The CDC did not received any requests from stakeholders following the Canadian Dairy Commission’s (CDC) memorandum on pricing from October 6, 2022, which gave stakeholders until October 14 to notify the CDC whether they wished to suspend the National Pricing Formula (NPF) by triggering the Exceptional Circumstances (EC) process. As a result, the routine pricing process will move forward.
October 6, 2022
Below are the results for the indexed cost of production, annual change in the consumer price index, and National Pricing Formula. The criteria to initiate the exceptional circumstance mechanism are also evaluated.
The CDC has calculated the 2021 cost of production indexed to the three-month period ending August 2022. The indexed cost of production is $94.44/standard hl.
This page presents yearly overviews of the Annual Cost of Production (COP) survey conducted by the Canadian Dairy Commission (CDC), outlining how the survey is conducted, and how the annual COP results impact the annual price adjustments announced by the CDC.
Q: How many price adjustments to the farmgate price of milk happened in 2022?
By the end of 2022, there will have been two adjustments to milk component prices.
1. The first was announced on October 29, 2021 and was implemented on February 1, 2022. This adjustment stemmed from regularly timed annual pricing consultations carried out in fall 2021.
