We would like to inform you that on November 1st, 2023, the Canadian Dairy Commission (CDC) conductedits annual review of Canadian farm gate milk prices and intends to implement a farm gate milk price increase of 1.77% effective May1st, 2024. Please see CDC press release https://www.cdc-ccl.ca/en/adjustment-farm-gate-price-milk-postponed-may-1-2024
Lactalis Canada will be implementing a general market increase which will vary by product effective May1st, 2024, to offset other common to market factors. This includes input costs such as raw materials, ingredients, packaging, machinery and parts, labour, distribution, carbon taxes and ESG commitments.
Attachments: