Milk prices in N.B. set to increase four cents per litre starting Feb. 1 – New Brunswick | 24CA News

Canada
Published 28.01.2023
Milk prices in N.B. set to increase four cents per litre starting Feb. 1 – New Brunswick | 24CA News

Milk costs in New Brunswick are set to extend by 4 cents per litre beginning Wednesday.

A news launch from the New Brunswick Farm Products Commission blames the rise on rising manufacturing prices confronted by dairy producers and processors.

It says dairy farmers are paying extra for feed, equipment and gear repairs, gas and oil, customized work and employed labour.

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The fee says the value adjustment additionally covers elevated prices borne by dairy processors, together with for packaging, manufacturing, transportation and distribution.

The fee says farmers will obtain 1.7 cents extra per litre from the value enhance, whereas processors will get 2.4 cents extra per litre.

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It says pricing for the college milk program will stay unchanged for the present tutorial 12 months.

This report by The Canadian Press was first revealed Jan. 27, 2023.

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