Canada's beef export to China has increased with four additional Canadian beef processing plants receiving approval from the Chinese authorities to export beef
The Chinese market for Canadian UTM deboned beef is estimated at about US$20mn annually. (Image source: stu_spivack/Flickr)
The newly-approved establishments will increase the Canadian export capacity for beef in a market estimated by the industry to be worth approximately US$20mn annually.
Canadian agriculture minister Gerry Ritz said, “This important step sets the stage to further trade opportunities in
“Our government’s priority remains the economy, and by expanding markets in dynamic countries like
Canadian international trade minister Ed Fast said, “This announcement is another example of how our government’s commitment to opening new markets is helping increase Canadian exports and delivering real results.
“We look forward to continuing to grow our trade relationship with
Les Viandes Laroche Inc, Asbestos, Quebec, Ryding Regency Meat Packers Ltd,
According to Canada Beef Inc., the Chinese market for Canadian UTM deboned beef has been estimated at about US$20mn annually, and once full market access was achieved the Chinese market for Canadian beef and cattle was expected to be worth US$110mn.