Canada

Canada opens new markets for livestock exports

Livestock

The Canadian authorities have announced that the Canadian meat industry has gained access for live cattle exports to the Philippines and for sheep and goat genetics to Indonesia and the Philippines.

Posted on Oct 18 ,11:45

Canada opens new markets for livestock exports

"Growing economic ties with the dynamic Southeast Asia region will provide Canadian farmers and processors more opportunities to sell their high-quality products abroad, helping to grow our economy and strengthen the middle class," the Government of Canada's recent statement read.

The export market of live cattle to the Philippines is estimated to be valued at C$8 million, and exports of sheep and goat genetics to Indonesia and the Philippines add up to $100,000 annually, according to data provided by the Canadian Livestock Genetics Association.

Canada exported over C$325 million worth of agricultural products last year to the Philippines and imported over C$185 million.

The Canadian authorities stressed that the Philippines and Indonesia represent increasingly important markets for Canadian agri-food exporters and producers. While the increased market access will advance the competitiveness of, and create new opportunities for, Canada’s agriculture sector, the exports of Canadian breeding cattle and genetics will also contribute to rural economic development efforts of the Philippines in the agriculture sector.

“Canada is building strong markets around the world which will benefit our farmers and food processors. These recent market access gains are setting the stage for deeper bilateral economic relations between Canada and the ASEAN region, and will contribute to our government’s goal of reaching $75 billion in agri-food exports by 2025,” said Lawrence MacAulay, Minister of Agriculture and Agri-Food.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

EU

EU: Reduced available supplies pushing up pork prices

The driving force behind these price increases has been reported as an uplift in demand alongside...


Read more Read more
AUSTRALIA

Australia: Survey highlights widespread optimism in beef sector

The BPIS, scheduled three times a year, covers different sectors of the Australian grassfed cattl...


Read more Read more
USA

USMEF joins USDA’s first trade mission to Angola

While hurdles remain on the African continent, growth forecasts related to population, GDP, perso...


Read more Read more
Websolutions by Angular Software and SpiderClass