Dec 2007 - Class 1 Price Change
in BC
In response to the price change in Alberta
triggered by the Alberta Fluid Milk Price Formula, the B.C. Milk
Marketing Board
approved an increase of $0.98 per standard hectolitre for milk
used in Classes 1(a), 1(b)(i) and 1(c). Prior to the increase,
the British Columbia price for milk used in Classes 1(a) and 1(b)(i)
was $78.51 per standard hectolitre. Effective January 1, 2008
the British Columbia price will be $79.49 per standard hectolitre.
Dec 20, 2007 - One credit day announced
for February
Dairy Farmers of Ontario has decided to
extend one credit day for February. This is being done in response
to a combination of factors including strong dairy markets and
the need to build butter stocks. The one credit day is equivalent
to about three per cent additional quota for the month. As before,
credit days are non-cumulative. The situation will continue to
be monitored and reviewed in relation to market requirements and
the milk production trend.
Nov 28, 2007 - No Extension of Production
Days in NS
The DFNS Board has not extended the additional
production days beyond November 2007. Producers have used an increased
portion of this production incentive over the first four months,
bringing forward more milk across the province. With our cumulative
production filling close to 99% of our quota at the end of October,
it seems certain that the province will exceed 97%, cumulatively,
by the end of January 2008. The Board continues to closely monitor
provincial milk production relative to the amount of quota allocated
to Nova Scotia. At this time, we are about 2.1% over-allocated,
meaning there is just over 2% more quota allocated to producers
when compared with our provincial allocation. As you know, this
started as a 5% over-allocation in April but market growth and
the addition of a national sleeve has narrowed this.
Oct 30, 2007 - Two credit days each
month for December and January
Dairy Farmers of Ontario has decided to
extend two credit days each month for December and January. This
is being done to continue to encourage milk production in response
to a combination of factors including strong dairy markets and
the need to build butter stocks. The two days per month is equivalent
to about 6 per cent additional quota for each month.
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