Dairy Farmers of Canada has requested that a recommended 1.77 per cent increase in the price of milk at the farmgate be delayed.
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The Canadian Dairy Commission each year reviews the costs of production of dairy farms and decides whether there’s justification for a price increase.
“Dairy farmers and their families are also consumers and experience the high cost of food these days,” said DFC President David Wiens. “Recognizing the current level of food inflation and in solidarity with all Canadians, we have recommended the Canadian Dairy Commission delay its application of the price adjustment on milk until further notice.”
“That said, the price consumers pay for dairy products is ultimately determined by other players in the supply chain. Our hope is that our decision will result in other actors maintaining the price of dairy products at a time when food inflation hovers around nine per cent,” said Wiens.
The 1.77 per cent increase would have come into effect on Feb. 1, 2024.
The decisions comes after uproar around the increase and a request from the Canadian Federation of Independent Grocers last week that the 1.77 per cent increase be paused.