New Trade Deals Expand Possibilities for Canadian Livestock Exports

Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast were in Ottawa today to announce an expansion to Canadian beef and livestock producer export opportunities.

The Honourable Ed Fast, Minister of International Trade, and Mireya Aguero, Minister of Foreign Affairs of Honduras, celebrating the entry into force of the Canada-Honduras Free Trade Agreement. Foreign Affairs, Trade and Development Canada.

The Honourable Ed Fast, Minister of International Trade, and Mireya Aguero, Minister of Foreign Affairs of Honduras, celebrating the entry into force of the Canada-Honduras Free Trade Agreement.
Foreign Affairs, Trade and Development Canada.

Negotiations in Qatar have resulted in its approval of all beef imports from Canada, a significant step in a market that could reach $2 million annually, according to industry estimates. This announcement follows the 2012 approval of sheep and goat imports to the region.

“Not only does Qatar have one of the highest per capita incomes in the world, Qatar imports more than 90% of its food requirements,” said Henry Mizrahi, Canadian Meat Council President, in a release. “The Canadian meat industry appreciates and welcomes the successful negotiation of full beef access to the Qatari market.”

Further west, Honduras has restored market access for live Canadian cattle, 11 years after restrictions followed the country’s infamous BSE findings. This development  builds on the October 1st entry into force of the Canada-Honduras Free Trade Agreement, an agreement that will ultimately see the removal of 98% of each country’s tariff lines.

“Access to the Honduran market for live cattle provides an excellent framework for our members to build strong business relationships in that market and an additional avenue to demonstrate the safety and superior quality of Canadian cattle genetics to the world,” said Michael Latimer, executive director of the Canadian Beef Breeds Council.

In 2014, Canadian beef exports hit 70 markets, with values totalling $1.3 billion.

 

 

RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.