MARCH PRICES
MONTHLY QUOTA PRICES ($/kg)
PROVINCE
PRICE/kg
AMOUNT
WANTED/kg
AMOUNT FOR
SALE/ kg
AMOUNT
PURCHASED/kg
Alberta
Saskatchewan
$38,850
$32,020
380.30
96.40
95.61
83.63
93.62
75.40
Manitoba
$28,250
91.00
261.16
85.50
Quebec
$24,000
8,495.20
640.00
641.20
Nova Scotia
Ontario
$24,000
$24,000
975.32
11,686.74
5.80
362.16
5.80
362.00
New Brunswick
$23,800
20.50
65.30
20.50
Prince Edward
Island
$24,000
69.50
28.00
28.00
$42,500
855.97
202.28
202.28
British Columbia
*Newfoundland does not operate a monthly quota exchange. Quota is traded between producers.
Feb 2016
Jan 2016
Dec 2015
$70
Nov 2015
*These figures are based on Ontario’s average
composition for February of 4.11 kg. butterfat,
3.39 protein and 5.80 other solids, rounded to
the nearest cent.
$77.23
$75
Oct 2015
$4.815
$-4.815
$80
Sept 2015
$4.815
$72.410
$85
Aug 2015
$0.635
$0.020
$0.050
$0.060
$2.550
$1.500
July 2015
$0.635
$0.020
$0.050
$0.060
$2.550
$1.500
June 2015
Total Deductions
Average total net
Overquota
May 2015
DFO Administration
CQM Administration
DFO Research
Canwest DHI
Transportation
Market Expansion
Within
quota
ONTARIO MONTHLY PRODUCER AVERAGE GROSS BLEND PRICE
Apr 2015
For February 2016
March 2015
ONTARIO DEDUCTIONS, PER HL
A total 3,761 producers sold milk to DFO in February compared with
3,863 a year earlier.
P5 AND WESTERN MILK POOL BLEND PRICES*
WWW.MILKPRODUCER.CA
82
P5 blend price
WMP blend price
80
78
WMP
$76.62
76
74
P5
$73.05
Feb 2016
Jan 2016
Dec 2015
Nov 2015
Oct 2015
Sept 2015
Aug 2015
July 2015
June 2015
Apr 2015
72
May 2015
Source: USDA
*There is a two-month lag reporting these figures.
Mar 2015
The February 2016 Class III Price,
$13.80 US per hundredweight, is equivalent to $42.28 Cdn per hectolitre. This
equivalent is based on the exchange rate
of $1 US = $1.3496 Cdn, the exchange
rate when the USDA
announced the Class III Price.
The Class III Price is in $ US per
hundredweight at 3.5 per cent butterfat.
One hundredweight equals 0.44
hectolitres. Canadian Class 5a and Class
5b pri