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Canada Exports Down, Way Down

Mike

Well-known member
Canada Beef Exports To US Way Down



According to recent data from the Canada Beef Export Federation (CBEF), Canada’s beef exports during the second quarter of 2006 totaled 92,803 MT. This was down 31.5 percent from a year ago. Canada’s beef exports to the U.S. during the second quarter were 34.7 percent less than last year, totaling 74,724 MT. Total beef exports to the U.S. during the first half of 2006 equaled 150,472 MT, down 24.9 percent from a year ago.



Nonetheless, the U.S. was the main destination for Canada’s beef with 81.4 percent of the total exports. During the second quarter, Canada exported 10,737 MT of beef to Mexico. This was nearly unchanged from a year ago. Year-to-date beef exports to Mexico totaled 19,611 MT, which was 32.7 percent below a year ago.



Mexico represented 10.6 percent of Canada’s beef export market. During the second quarter, Canada’s beef exports to Hong Kong totaled 3,589 MT, 39.1 percent lower than a year ago. Year-to-date beef exports to Hong Kong were 28.4 percent less than last year, amounting to 7,389 MT. Total first half beef exports to Japan equaled 767 MT. The value of Canada’s beef exports for the first half of 2006 equaled $673.0 million, compared to $1.0 billion a year ago, which was a decline of 32.9 percent.



According to CanFax, currently, Japan will allow imports of Canadian beef from cattle less than 21 months of age from eight approved Canadian establishments. Further information is available on the CBEF website at http://www.cbef.com/.
 

HAY MAKER

Well-known member
These numbers should not surprise anyone,with the number of BSE cases they have reported its a wonder they have an export market at all,canada needs to implement and comply with a strongly enforced feed ban now,not in a year or two.................good luck
 

don

Well-known member
could it be that beef exports to the us were down because live animals were exported south for slaughter?
 

Kato

Well-known member
According to Statistics Canada:

Canada's cattle herd has plunged by 810,000 head, a near record decline for a single year, following the reopening of the American border to live animals, according to the annual Livestock Survey of 10,000 producers. Most of these animals were exported to the United States.

In the year up to July 1, 2006, total cattle exports amounted to 1,140,000 head, only 22% below the pre-BSE level. There were no exports during the two previous 12-month periods. In the year up to July 1, 2003, Canadian cattlemen exported 1,458,000 animals.

Once the border was reopened to cattle, beef meat exports declined, partially offsetting the higher cattle exports.

Part of the decline can be attributed to a three-week strike at a packing plant in Alberta in late October and early November 2005. Even so, the lower monthly exports have been sustained.

Cattle herd declines in all regions
Cattle numbers fell in all provinces, but the decline was more dramatic on the Prairies. The herd in Manitoba, Saskatchewan and Alberta, combined, plunged by 610,000 head, which accounted for three-quarters of the total decline up to July 1 this year.

Alberta's herd, the largest of any province, plunged 6.0%, Saskatchewan's fell 4.8%, and Manitoba's, 2.0%. In British Columbia, the herd dropped by 9.3%. In Central Canada, Quebec's cattle count edged down 1.0%, while Ontario's was 4.2% lower.

The Prairie provinces accounted for the vast majority of the increase in cattle numbers during the three-year period leading up to the July 1, 2005 record.

Combined, the herd in those three provinces rose by 1.3 million head during this time, accounting for 79% of the total 1.6 million nationwide gain.

Slaughter levels have also been a key factor in the cattle business. During 2004 and the first half of 2005, levels hit record highs. They were fuelled by increased slaughter capacity, domestic demand, strong international demand for Canadian beef and lower levels of beef imports.

However, levels have tapered off in the wake of lower exports of beef meat, now that the border is open to live cattle. Slaughter in the year up to July 1, 2006, was down 8.0% from the previous 12 months.

Cattle prices improved during the fall of 2005. Prices as of December 2005 amounted to 94% of prices experienced during December 2002, before the ban was imposed. However, prices have since slipped, partially coinciding with a stronger Canadian dollar.

8) No mention of any problems with no one wanting either our beef or our cattle.
 

Econ101

Well-known member
cowzilla said:
:roll: Gee could it be the rise in the Value of the Canadian dollar in the last 10 months?

The rise in the Canadian dollar does have an economic impact on price.

When I was studying and compiling data on international exchange rates and international trade, I quickly realized that in many, many cases, the exchange rate was secondary to the political wishes of those in power. The world bank and tons of international subsidies skewed a lot of the incentives for balance of trade. This is one of the problems with international trade and producers. It makes it a mercantilist world, not a producer's world.

I am afraid we are but pawns in a big game.

Canada's exchange rate is a result this time, of the inflationary spending of the Bush administration compared to Canada and the oil imports. Neither of them have very much to do with cattle.

You are right, Cowzilla.
 

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