Milk prices in Canada are expected to go up again in the new year. The Canadian Dairy Commission said Tuesday it has approved an increase in farm gate milk prices of about 2.2 per cent, or just under two cents per litre, effective Feb. 1, 2023.
Source: Milk, butter, cheese likely to cost more in Canada in the new year
10 cents / liter at the farm gate, so 40 cents on a 4 liter bag.
“The Crown corporation, which oversees Canada’s dairy supply management system, said the increase is based on the rising cost of production.
It comes after the commission approved two price hikes in 2022: A 2.5 per cent increase, or roughly two cents per litre, in September and an 8.4 per cent increase, or six cents per litre, in February.
Altogether, the total 12-month farm gate milk price increases amount to roughly 10 cents per litre, or 13.1 per cent.”
