The dairy arm of New Brunswick’s Northumberland Dairy Co-operative is poised to become part of dairy co-op giant Agropur. Agropur on Monday announced it has an agreement in place with Northumberland to take over the Miramichi, N.B.-based co-operative’s dairy processing and food distribution business, leaving Northumberland with its hardware and building supply operations. Financial terms […] Read more
Agropur to take over N.B.’s Northumberland dairy co-op
Agropur to buy Safeway dairy plants in West
Dairy co-operative giant Agropur is set to build its milk muscle in Western Canada with a $356 million play for Sobeys’ former Canada Safeway milk processing plants. Quebec-based Agropur and Nova Scotia-based Sobeys on Tuesday announced a “strategic partnership” agreement in which Agropur will buy the four plants, supply Canada’s Sobeys, IGA and Safeway retail […] Read more
Saputo eyes mergers, acquisitions in U.S., Canada, Australia
Reuters — Canada’s largest dairy producer, Saputo, still digesting a major purchase in Australia, is examining other possible acquisitions there and in the U.S., Canada and Latin America, CEO Lino Saputo Jr. said Thursday. In the U.S., potential acquisitions could cost less than $100 million to as much as $4 billion, Saputo said in a […] Read more
Dairytown’s farmers approve merger into Agropur
New Brunswick butter co-operative Dairytown Products is expected to become part of major Quebec dairy co-op Agropur by month’s end, now that Dairytown’s farmers have approved the deal. The two co-ops announced Wednesday that Dairytown’s “beneficiaries,” the province’s 206 active dairy producers, voted 99 per cent in favour of the merger Tuesday. Member turnout topped […] Read more
U.S. dairy farmers threaten to oppose Trans-Pacific trade deal
Washington | Reuters — U.S. dairy farmers and milk processors on Wednesday threatened to oppose a Pacific trade deal if Japan and Canada do not agree to accept substantially more dairy imports. In a letter to the U.S. Trade Representative and Department of Agriculture, members of the National Milk Producers Federation and the U.S. Dairy […] Read more
Conference board’s supply management reform ill conceived
Scrapping the current system would require government to subsidize both domestic production and exports
Reading Time: 2 minutes The Conference Board of Canada embraces the mantra that “all growth is good.” Its plan to change supply management for growth is a prescription for weakening, if not eliminating, the three pillars of supply management for dairy production in Canada — production controls, import tariffs and farmers’ cost-of-production pricing — in order to produce more […] Read more
The time has come to scrap supply management
Canada has a unique opportunity to supply the world with dairy products, but first it must phase out supply management
Reading Time: 2 minutes Dairy supply management is an old solution to an old problem. The approach of setting dairy prices, controlling production, and controlling imports has been costly to Canadians as a whole and to dairy farmers for a long time. Today, Canada has an opportunity to break with supply management for the benefit of everyone — and […] Read more
Que. ag minister, ag critics hold seats in PQ loss
The Parti Quebecois’ agriculture minister and his critics in Quebec’s assembly have held their seats in the wake of an election that’s upended the province’s government. Francois Gendron, who’d served as Premier Pauline Marois’ deputy premier and the province’s agriculture, food and fisheries minister since September 2012, held his Abitibi-Ouest riding in Monday night’s election […] Read more
N.B. farmer-owned Dairytown to merge into Agropur
A New Brunswick butter and powdered milk processor owned by the province’s dairy producers is set to become Agropur’s latest dairy processing play in Atlantic Canada. Agropur, the major Quebec dairy co-operative whose products include the Natrel, Quebon, Allegro, Olympic and Island Farms brands, announced an agreement in principle Thursday for a merger with Sussex, […] Read more
Saputo to shut two Alta. powdered milk plants
Two plants producing powdered and condensed milk in Alberta are set to close by the end of next year as Montreal dairy giant Saputo folds their operations into other facilities. Saputo announced Wednesday it will close its plants at Wetaskiwin, about 60 km south of Edmonton, and at Glenwood, about 80 km southwest of Lethbridge. […] Read more
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