Canada: Dairy and Products Annual
Milk, cheese, butter and skim milk powder production is forecast to increase in 2015 due to the need to build 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 milk protein substances strong (TRQ not applicable to US trade). The CETA has been signed, though not ratified, and there are several elements of the agreement that could affect the competitiveness of U.S. dairy products in the Canadian market.