The National Farm Products Council has approved a request from the Egg Farmers of Canada to hike its levies by six cents a dozen effective April 19.
The agency told the council is needs the increase because markets have been fluctuating more than usual.
The increase is to support the Unrestricted Pooled Income Fund which will be drawn down from about $92 million at the beginning of this year to less than $34 million by the end of the year even with the levy increase, the agency said.
