GFM Network News



Dairy support prices stand pat for 2018

The Canadian Dairy Commission plans to hold the line on the support levels used to price industrial milk in Canada next year, despite a “small reduction” in the cost of milk production. The commission announced Friday it would maintain the per-kilogram support prices it sets for butter and skim milk powder at $8.0062 and $4.5302 […] 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

Eastern dairy farmers get big quota increase

The eastern Canadian provinces have approved a five per cent dairy quota increase — their largest one-time quota increase since the daily quota system was implemented in 1998. It will also be implemented quickly, on July 1. The five provinces — Prince Edward Island, New Brunswick, Nova Scotia, Quebec and Ontario — create quota policy […] Read more


Gay Lea to buy central Ontario butter maker

A U.S.-owned artisanal butter processor in central Ontario is set to become an arm of Ontario dairy co-operative Gay Lea Foods. Michigan-based butter producer Butterball Farms has agreed to sell Stirling Creamery, based at Stirling, Ont., north of Belleville, to Gay Lea effective Nov. 1. Financial terms of the deal weren’t disclosed, though Gay Lea […] Read more






Saputo profit jumps 17 pct on higher cheese, butter prices

Reuters – Canada’s largest dairy producer Saputo Inc reported a 17 per cent jump in quarterly earnings on Thursday, boosted by higher U.S. cheese and butter prices and recent acquisitions. The Montreal-based company, whose brands include Dairyland and 1/2 Moon cakes, said it intends to buy back 5 per cent of its common shares during […] Read more