Have seen a few of you argue this point. Just thought I would throw it out there.
U.S. producers benefit from Canadian beef ban: Statistics Canada
Last Updated: Thursday, December 4, 2003 | 2:16 PM ET
CBC News
U.S. beef exporters evidently moved quickly to fill the void created in world markets when countries closed their borders to Canadian meat following the discovery of a single case of mad cow disease in Alberta last May.
Statistics Canada said Wednesday that U.S. exports of beef jumped by 17 per cent following the ban on Canadian beef exports.
"This increase more than filled the gap on the world markets resulting from this ban," Statistics Canada said in a report.
Most of the increase went to markets where Canadian and U.S. exporters traditionally compete: Mexico, Japan and South Korea.
Average monthly exports of U.S. beef jumped from $460 million over the first four months of this year to $540 million in June, July and August.
It's a similar situation in the U.S. domestic market, where the country's own producers have benefited from the ban on Canadian products.
About 90 per cent of Canada's beef exports last year went to the U.S. market, the largest importers of beef in the world. But after the border was closed in May, Canadian exports to the U.S. went from April's $288 million to almost zero in June, July and August.
"U.S. imports did not import more from other countries to fill the gap created by the banned Canadian beef," Statistics Canada said.
The outlook for Canadian beef is starting to improve slowly. The U.S. and Mexico have reopened their borders to some Canadian beef.
As of mid-September, Canadian boneless beef from animals younger than 30 months has been allowed into the United States. Live animals and cuts from older animals are still banned, although a U.S. proposal last week could see young live animals begin to cross the border soon.
U.S. producers benefit from Canadian beef ban: Statistics Canada
Last Updated: Thursday, December 4, 2003 | 2:16 PM ET
CBC News
U.S. beef exporters evidently moved quickly to fill the void created in world markets when countries closed their borders to Canadian meat following the discovery of a single case of mad cow disease in Alberta last May.
Statistics Canada said Wednesday that U.S. exports of beef jumped by 17 per cent following the ban on Canadian beef exports.
"This increase more than filled the gap on the world markets resulting from this ban," Statistics Canada said in a report.
Most of the increase went to markets where Canadian and U.S. exporters traditionally compete: Mexico, Japan and South Korea.
Average monthly exports of U.S. beef jumped from $460 million over the first four months of this year to $540 million in June, July and August.
It's a similar situation in the U.S. domestic market, where the country's own producers have benefited from the ban on Canadian products.
About 90 per cent of Canada's beef exports last year went to the U.S. market, the largest importers of beef in the world. But after the border was closed in May, Canadian exports to the U.S. went from April's $288 million to almost zero in June, July and August.
"U.S. imports did not import more from other countries to fill the gap created by the banned Canadian beef," Statistics Canada said.
The outlook for Canadian beef is starting to improve slowly. The U.S. and Mexico have reopened their borders to some Canadian beef.
As of mid-September, Canadian boneless beef from animals younger than 30 months has been allowed into the United States. Live animals and cuts from older animals are still banned, although a U.S. proposal last week could see young live animals begin to cross the border soon.