Canadian beef exports at a record pace, pork also strong

게시됨 2021년 11월 18일

Tridge 요약

Western Canada's beef and pork exports are experiencing a record year, despite the challenges posed by heat, drought, and high feed prices for cattle producers. Beef and veal exports are on track to surpass 2020's revenue of $3.26 billion, with a net value of beef trade being favorable at about $2.2 billion. The United States continues to be the largest buyer, with significant increases in purchases by Japan, Mexico, and China. Pork exports have also seen growth, with the United States, Japan, Mexico, and the Philippines as major buyers, compensating for China's reduced imports due to domestic supply and import restrictions. Overall, the global demand for Canadian meat products remains strong, despite rising prices and potential economic challenges, indicating a resilient and robust performance in the meat export sector.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

It is a tough year for Western Canada’s beef cattle producers, who saw pastures wither under intense summer heat and drought, which also caused feedgrain and forage prices to soar, making it difficult to maintain breeding herds. But one part of the beef chain is having a record year — exports. Pork exports are also strong and for once the story is not all about Chinese demand. Data from Statistics Canada that goes to the end of September shows the value of beef and veal exports at $3.23 billion, which is almost equal to the $3.26 billion in revenue that came in all of 2020. With three months of exports still to be counted, it seems certain beef and veal exports will set a substantially larger new record high. The revenue boost is attributed to increased tonnage sold and the rising price of the product. Indeed, the price of meat, like many grocery items as well as other goods and energy, has sharply increased this year. This has prompted some analysts to speculate that higher ...

출처: The Western Producer