The price of Canadian dairy products might be jumping early next year and that’s because of the Canadian Dairy Commission. Recently, they announced an unprecedented 8.4% increase for the price farmers are paid for milk, and a 12.4% increase for the price of butter. And those price hikes might well be passed along to you at the supermarket.
Sylvain Charlebois is a professor of food distribution and policy and the director of the Agri-Food Analytics Lab at Dalhousie University. He explains how the cost of dairy gets set every year, why Canada still has a supply-management system for dairy and whether or not it’s actually beneficial to farmers and Canadians.
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