The Canadian Dairy Commission (CDC) annually reviews and establishes support prices for butter. Support prices are the prices at which the CDC purchases and sells butter within the framework of its various programs. The CDC ceased purchasing skim milk powder in 2017.
The price dairy farmers receive for the milk they produce is set in the 10 Canadian provinces. This price varies and depends on how the milk will be used. For example, milk sold to make cheese has a different price than milk sold to make butter.
Milk includes three components, and each has its own price. These three components are:
Find out is a business if licensed under the Safe Food for Canadians Regulations in the Safe Food for Canadians License Registry.
The Canadian Dairy Commission supports the industry by developing national and regional policies on dairy production, by detecting fluctuations in demand for dairy products and in milk production, and by coordinating the pooling of milk revenues and market sharing systems. The Canadian dairy industry is governed by a supply management system.
Below is the national milk production target (total quota) for 2020.
Annual reports provide information on the Canadian Dairy Commission’s tangible achievements in terms of plans, priorities, and anticipated outcomes, as stated in the corresponding business plan summary. Annual reports a tabled in Parliament each fall.
