In October 2018, the Canadian Milk Supply Management Committee (CMSMC) adopted a revised method of calculating Total Requirements and the national milk production target (Total Quota). The previous Total Quota model was designed in a period of stable 1-2% growth and was based on a 12-month rolling Total Requirements figure. In recent years, the increased pace of growth in the Canadian dairy industry meant that there was a lag between changes in demand being registered in the quota calculation. To correct this issue, the CMSMC decided to measure demand on a monthly basis, thus responding more rapidly to market signals.
Total quota since August 2018 |
Month/Year |
kg BF |
November 2018 |
34,309,488 |
October 2018 |
32,731,829 |
September 2018 |
33,644,297 |
August 2018 |
30,614,242 |
Total quota before August 2018 |
Month/Year |
kg BF |
% Change from same month 1 year ago |
July 2018 |
30,597,462 |
-0.10 |
June 2018 |
30,016,207 |
0.10 |
May 2018 |
30,853,656 |
1.10 |
April 2018 |
30,205,946 |
2.38 |
March 2018 |
31,864,672 |
5.66 |
February 2018 |
28,226,491 |
4.84 |
January 2018 |
30,651,726 |
4.73 |