Canada dairy co-operatives agree merger plans

Canada's largest dairy co-operative, Agropur, has announced a merger with Farmers Co-operative Dairy.

Quebec-based Agropur produces 3.2 billion litres of milk at 25 sites across North America creating sales of $3.6 billion from 3,288 dairy farmers, while Farmers Dairy, a part of the Atlantic Canada community for more than 90 years, is owned by 116 member dairy produces and posts annual sales of $176 million.

Leaders from both of the co-operatives believe the merger will strengthen the voice and benefits for dairy farmers through consolidation across each business.