(SOURCE: PEXELS)
Got milk?
It could cost you even more in 2022, if a request from the Dairy Farmers of Canada is approved.
They’re looking for increases for the second time this year due to rising inflation costs.
Dairy farmers say they are facing never before seen price increases for the goods and services needed to produce milk, that includes fertilizer (+44%), fuel (+32%) and animal feed(+8%),.
They say the upward pressure on costs is expected to continue.
The dairy farmers are hoping the Canadian Dairy Commission will consider an advance adjustment in the farm gate price of milk.
Normally, this is changed just once a year.
If approved, the increase would come into effect on September 1 and would be deducted from any price increase that may result from the routine price review in the fall.
Dairy farmers haven’t said exactly how much of an increase they are seeking.
The commission will hold consultations this month and decisions are expected by mid-June.
