Canadian Dairy Sales Expected to Stay Strong Despite Potential Price Hike: Saputo

Canadian Dairy Sales Expected to Stay Strong Despite Potential Price Hike: Saputo
A sign at a Montreal Saputo plant is shown on Jan.13, 2014. The Canadian Press/Ryan Remiorz
The Canadian Press
Updated:

Global dairy giant Saputo Inc. is confident demand for its products will remain strong in Canada despite efforts to increase farm gate milk prices for the second time this year.

“Dairy continues to be, on a pound for pound basis of protein, still a value for the consumer,” Carl Colizza, Saputo president and chief operating officer of North America, said Thursday during a conference call to discuss the company’s latest results.