2017 National milk production target for Canada

Below is the national milk production target (total quota) for 2017. <

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.

Annual public meetings

The Canadian Dairy Commission holds a public meeting every year. At this meeting, members of senior management provide an overview of the Commission’s achievements during the previous 12 months.

The annual public meeting also provides an opportunity for the public to learn more about the Commission’s activities and ask questions of the senior management team.

The Commission publishes the slides projected at the annual public meeting, along with the opening remarks, to share this information with those who were unable to attend the meeting.

What is the supply management system?

Supply management in Canada’s agricultural sector

Any industry, from car manufacturing to shoe factories, tries to establish the best possible balance between supply and demand. Farm producers try to do the same thing through supply management. They manage their production so that it will align with the demand forecasts for their products. In a supply management system, demand is forecast by means of calculations, and production signals are sent out to producers based on the demand forecasts that are obtained this way.

Milk pooling agreements

For dairy producers, milk pooling agreements are a way of managing the financial risks associated with the trends in domestic markets. The Canadian Dairy Commission administers these agreements on behalf of the dairy sector. The pooling of revenues from milk sales enables producers to receive an average price per hectolitre or per kilogram of components, based on total sales.

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Monthly total quota in 2017
Month/Year kg BF % Change from same month 1 year ago
December 2017 32,462,282 4.67
November 2017 30,845,513 5.52
October 2017 31,359,651 3.87
September 2017 30,186,620 4.70
August 2017 31,316,787 6.86