2018 National milk production target for Canada

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