Canada: Dairy and Products Annual

FAS/Canada projects modest growth for milk and cheese production in 2022, as COVID-19 restrictions on the food service sector continue to impact consumption patterns. Butter production is forecast to continue growing into 2022, as stocks remain low, depleted by sustained strong consumption. FAS/Canada forecasts skim milk powder exports flat into 2022, at the lowest level since 2015, as the industry reorients toward producing milk protein concentrates and isolates. Imports of cheese and butter continue to rise, in part, due to additional duty-free market access under recently concluded trade agreements, including the USMCA.