Which dairy producers are making the most money in Canada?
The Dairy Farmers of Canada has released a new report that shows dairy production in Canada is on track to surpass US production this year.
In 2016, the dairy industry produced about 2.4 million tonnes of milk, which is the third-highest production rate in the world.
In 2019, that number will be down to 1.9 million tonnes.
The report says dairy production will surpass the production of the US by 2021.
The number of Canadian dairy farmers has been growing steadily in recent years, as well as in other parts of the world, especially in Latin America and Asia.
In 2015, there were 2,731,000 dairy farmers in Canada, and that number is expected to increase to 2,900,000 in 2019.
“It is important to remember that, although dairy is the most important dairy product in the economy, it is also the most misunderstood, and the most undervalued commodity in the Canadian economy,” says DFC CEO Michael Callaghan.
“There is an important role for dairy producers to play in Canadian economic growth, but there are other ways to achieve this, too.
Dairy is an investment that provides an investment in Canadian agriculture, in our ability to produce a better product, in the capacity to produce and market our product, and in our overall competitiveness and economic security.”
The Dairy Farmers report notes that dairy producers in Canada are currently producing a higher proportion of total dairy products than the US, with the majority of the dairy producers producing less than one-third of the total dairy product output in Canada.
But it also notes that in Canada’s largest markets, dairy production is up slightly, and production is expected continue to increase in the next few years.
The DFC report said that in 2019, the industry expects to produce around 2.1 million tonnes, up from 1.8 million tonnes in 2020.
But the production growth is largely due to the growth of Canada’s milk industry.
The Canadian dairy industry has been steadily increasing in the past few years, and it’s expected that by 2021, it will be producing more than one million tonnes more milk than in 2020, up to a total of around 2 million tonnes by 2021 and 2.5 million tonnes later that year.
In the US dairy industry, production is down from 2.3 million tonnes last year to 1 million tonnes this year, and down to about 1.5 m tonnes by 2019.
The US dairy producers have also been growing their share of the milk production, with dairy producing more in the US than in the UK, France, Germany, Italy, Spain, and Italy.
But overall, the US milk industry has grown at a slower rate than Canada’s dairy production.
Canada has the third highest milk production in the country behind the US and the EU, and is forecast to produce about 3.5m tonnes of dairy products in 2019 from a total output of about 3 million tonnes that year, up slightly from last year.
The US is projected to produce over 3.9m tonnes in 2019 and about 3m tonnes by 2020.
The EU is projected at about 3 per cent of total production, and Germany is projected for a little over 1 per cent.
The Canadian dairy sector has had a particularly strong year in 2019 in the United States, where milk production has increased to record levels, as more US farmers are now using milk from their cows as feed for their animals.
Canada’s farmers are also experiencing a surge in production in Quebec, with farmers growing their herd in the province this year to more than 4 million animals.
In Canada, the milk industry also has seen a dramatic increase in dairy production, which was up by more than 40 per cent in 2019 to about 5 million tonnes from 4 million tonnes a year ago.