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NZ dairy industry worries over Canada pricing plan
New agreement will price domestic milk ingredients for cheese-making below cost, undercutting exports
Add BT as a preferred sourcePublished Sun, Oct 2, 2016 · 09:50 PM
Wellington
NEW Zealand is closely watching changes in how Canada prices dairy products, New Zealand's trade ministry said on Friday, as industry groups in several countries complain of unfair Canadian competition.
Canada's dairy farmers and processors, which include Saputo Inc and Parmalat Canada, struck a pricing agreement in July that industry groups in New Zealand, Australia, the European Union, Mexico and the United States say would price domestic milk ingredients for cheese-making below cost, undercutting their exports.
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