Positive momentum will be key for the prosperity of the Canadian dairy industry, as it is approaching processing, innovation and policy challenges – compounded by the constant need to modernize facilities, systems and software – that will require integrated action from players across the industry.

Marked by growing imports, the major challenge of adding value to solids non-fat (SNF) (which is putting pressure on farm gate prices) and the highest interest rates in over 20 years, the dairy industry is facing a challenging economic situation. Here's a look at a lucid industry that has been challenged before.