Milk Prices Expected To Increase This Fall

Jun 23, 2022

As expected, the price of milk will be going up for a second time this year.

The Canadian Dairy Commission, which governs what farmers are paid for the milk they produce, approved another 2.5 percent hike in farmgate milk prices slated for September 1st. That's on top of the 8.4 percent hike that came into effect back in February.

It's the first time two separate increases in milk prices have been approved in a single year, but dairy producers say they are facing higher prices for inputs like fertilizer and feed, following last summer's drought on the prairies.

Canada's food professor, Dr. Sylvain Charlebois, who's been critical of the CDC in the past, says the hike this fall could have been worse. Charlebois says the commission is beginning to listen to consumers and the concerns many have when it comes to food inflation. The price hiked approved this week, will mean the price for milk and other dairy products will be climbing again this fall.

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Video: Veteran Farmers: A Legacy of Service in Rural America

Veterans Day is a time to honor the men and women who have selflessly protected our freedoms and values. And for some, the transition from military service to civilian life brings them back to the farm.

At Farm Bureau, we believe it’s important to not only celebrate veterans but also those who continue to make a difference in agriculture and their community. We've partnered with Farm Credit to establish the Veteran Farmer Award of Excellence to shine a light on those who have continued to go above and beyond to serve their communities.

This year, we recognize retired Colonel Joe Ricker as the inaugural Veteran Farmer Award of Excellence winner. Joe served over 30 years in the Army before retiring from the Pentagon and completing tours in both Iraq and Afghanistan. Since leaving the Army, his commitment to excellence in farming and enriching the lives of veterans has blossomed in a myriad of ways in both his local community of Wilkinson, Indiana, and across the country. Joe grows apples and raises bees on his farm in Indiana. Joe founded “Veterans IN Farming,” an organization, now with more than 1,100 members, dedicated to providing veterans in Indiana with the tools and training to succeed in agriculture.

The American Farm Bureau Federation is an independent, non-governmental, voluntary organization, comprised of and directed by farm and ranch families who engage in all types of food, fuel and fiber production.