Canada: Dairy and Products Annual
Link to report:
FAS/Canada projects flat growth for milk and cheese production in 2021, as COVID-19 restrictions on the food service sector drive significant shifts in consumption patterns. Butter production is forecast to continue growing into 2021, as industry works to rebuild stocks depleted by sustained strong consumption. FAS/Canada forecasts skim milk powder production and exports declining in 2021, 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, which entered into force on July 1, 2020.
