Hope Is Milk Prices Will Not Increase

Nov 03, 2023

Early last month, the CDC issued a statement saying it was looking at a 1.7 percent hike in farm gate milks prices, starting February 1st, but that's been put off until the beginning of May. The commission, which is a crown corporation, reviews the price that dairy farmers are paid for their milk every fall.

When the CDC made its announcement last month, at least two groups came forward urging the commission to hold the line on hiking the price of milk. The Canadian Federation of Independent Grocers called for a pause and so did the Dairy Farmers of Canada. Both were concerned about the rising cost of food for many Canadians. Even this brief pause isn't a guarantee that milks prices won't go up at the retail level this winter. There are many other factors that come into play. Many of those same factors are affecting the price of just about everything we buy. The announcement by the CDC could put pressure on other supply managed industries to hold the line on their price increases.

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Video: What If Everything You Knew About Feed Inventory Was Wrong?

AI, Agriculture & the Future of Smart Farming with BinSentry CEO Ben Allen. Every day, livestock producers make thousands of dollars' worth of decisions based on one simple question: How much feed is actually left in the bin? For decades, the answer has often been an estimate.

In this episode of AgTech with Andrew, I sit down with Ben Allen, CEO of BinSentry, to explore how artificial intelligence, machine vision and real-time data are transforming one of agriculture's most overlooked challenges—feed and grain inventory management.
We discuss why some of the biggest inefficiencies in livestock production aren't happening in the barn, but throughout the feed supply chain. Ben shares insights from his career leading agricultural technology companies, explains why AI must solve real business problems to earn producer trust, and offers his vision for the connected farm of the future.

In this interview, you'll discover:
Why feed inventory has remained one of agriculture's biggest blind spots
How AI is reducing costly feed outages, waste and unnecessary deliveries
The hidden safety risks of traditional bin inspections
What separates successful ag technologies from those that never gain adoption
How connected farms are changing decision-making for producers, feed mills and integrators
Why real-time inventory may become as important as precision planting and autonomous equipment

Whether you're a livestock producer, grain farmer, feed manufacturer, ag retailer, nutritionist or simply passionate about the future of agriculture, this conversation offers valuable insights into where the industry is headed.