A baby formula plant proposed for eastern Ontario has got a major boost from the Ontario government. The $225 million plant is being built at Kingston by Canada Royal Milk ULC, a subsidiary of Chinese company Feihe International. The Ontario government has committed up to $24 million to the project, which will export baby formula […] Read more
Ontario to back baby formula plant
Dairy services organizations create partnership
Three major service providers in Canadian dairy farming have formed a partnership that will result in one company supplying herd management and genetic services to Canadian dairy farmers. The partnership, including CanWest DHI, Valacta and the Canadian Dairy Network (CDN), still has to be approved by farmer-members of the organizations. CanWest DHI provides on-farm testing […] Read more
Saputo woos Australia farmers in Murray Goulburn rebuild
Winnipeg | Reuters — Saputo, one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative to profit by aggressively pursuing more of the country’s milk supply, its CEO said on Thursday. The Montreal-based company agreed last week to buy the co-operative for C$1.3 billion including debt, and has already planned 15 meetings […] Read more
Saputo to buy Australian dairy co-op Murray Goulburn
Reuters — Murray Goulburn Co-operative, Australia’s largest milk processor, on Friday said it agreed to a buyout from Canadian dairy company Saputo worth up to A$637.8 million (C$627.5 million). Murray Goulburn (MG) said Saputo would pay between A$1.10-$1.15 per share, compared to its A$2.10 issue price when it listed in 2015. A total buyout value […] Read more
Dairy co-op Gay Lea buys Calgary cheesemaker
Ontario dairy farmer co-operative Gay Lea Foods’ plans for expansion into Western Canada now include Calgary cheesemaker Alberta Cheese Company. Gay Lea announced Monday it has bought the family-owned processor, effective Friday (Oct. 13), for an undisclosed sum. Set up in 1976 by cheesemaker Frank Talarico, Alberta Cheese makes “traditional” Italian cheeses for sale under […] Read more
NAFTA negotiators trade barbs, agree on extension
Washington | Reuters — Trade negotiators from the U.S. and Canada accused each other of sabotaging attempts to renegotiate the North American Free Trade Agreement on Tuesday, even as they and Mexico agreed to extend talks into 2018. A round of talks in Washington that lasted seven days failed to find the most basic common […] Read more
Butter stocks drive eastern dairy quota increase
Increasing demand for dairy products — including a need to build butter stock — has meant a one per cent increasing in saleable dairy quota, and incentive days from November to March 2018, for eastern Canadian dairy farmers. The P5 dairy farm boards, representing Quebec, Ontario, New Brunswick, Prince Edward Island and Nova Scotia, announced […] Read more
Dive deep into dairy cow data
Reading Time: < 1 minute The Economics of Milk Production 2016 publication is now available. The annual report uses cost-of-production data from 45 participating dairy farmers. In 2016, the total cost of producing a hectolitre of milk was $78.81 or a little more than $7,300 per cow — an increase of less than one per cent ($64) from 2015. Other […] Read more
U.S. now seeking end to supply management in NAFTA talks
Arlington, Va. | Reuters — U.S. negotiators at talks to update the North American Free Trade Agreement want Canada to dismantle its system of protections for the dairy and poultry sectors — a move Ottawa will reject, a source briefed on the matter said on Monday. The proposal is the latest in a string of […] Read more
U.S. makes NAFTA dairy proposal, no market access request
Arlington, Va. | Reuters — U.S. negotiators at talks to renew the North American Free Trade Agreement on Friday formally asked Canada to address a bilateral dispute over dairy pricing, a request the Canadians are set to resist, sources familiar with the talks said. U.S. dairy producers are unhappy that Canadian farmers this year started […] Read more
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