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Canadian Dairy Commission delays farmgate milk price hike by three months
The Canadian Dairy Commission is delaying a planned milk price increase by three months as the food industry faces pressure to stabilize food prices.
On Wednesday, the dairy commission said the 1.77 percent increase would take effect on May 1, 2024, instead of February 1, when it normally does.
"Inflation affects Canadians and the entire dairy supply chain, from the gate to the consumer's plate," CDC Director Jennifer Hayes said in a statement.
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