Canada: Dairy and Products Annual
In 2016, milk, cheese, butter and skim milk powder production is expected to stay close to 2015 expected levels due to steady demand and the need to rebuild stocks. Imports of these products will remain close to average levels due to the import controls in place. The need to gain efficiencies through lowering production costs will keep imports of U.S. origin milk protein substances strong. Concessions on dairy have been granted through the TPP agreement equivalent to 3.25 percent of the domestic milk production and are expected to provide new urgency to addressing the growing SNF structural surplus.
