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- (-) October 2022
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FAS/Canada projects modest growth for milk and cheese production in 2023, as consumption remains stable, and the market is partially supplied by rising import volumes following implementation of Canada’s various trade agreements. Butter production is forecast to grow in 2023, as stocks remain low, depleted by sustained strong consumption.
Post forecasts a reduction in fresh potato production, a modest increase in exports and mild decline in imports based on a weaker Canadian dollar.
The cattle herd will continue to shrink in 2015, as record high animal prices prompt many producers to liquidate, while beef heifer retention remains weak.
On October 3, 2014 the Government of Canada announced the start of a 45-day consultation period regarding the country’s set standards of identity for beer.