The U.S. beef market has been taut, welcoming sales of Canadian beef in September 2022. U.S. imports of Canadian beef in September 2022 were up 4.3 per cent from September 2021 and up 17 per cent from the five-year average for September. September imports were the largest monthly volumes since October 2021. Import values in […] Read more
Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef rise
Market Intelligence Update from Canada Beef: U.S. importing more beef in 2022
Canadian beef exports into the U.S. were strong the first two months of this year, up 13 per cent from February 2021 and up 25 per cent from the five-year average for February. January through February 2022, imports of Canadian flank/plate and rib increased the most, up 24 per cent in volume year-over-year. Brisket volumes […] Read more
Market Intelligence Update from Canada Beef: Exports to U.S. nudge higher as inflation pushes prices
Despite the spectre of inflation, the outlook for Canadian beef is relatively rosy in the U.S. Canadian beef exports to the U.S. were up 20 per cent in volume and 66 per cent in value as of November 2021, compared to the five-year average. Imports of Canadian beef into the U.S. increased three per cent […] Read more
Market Intelligence Update from Canada Beef: Canadian restaurants still struggling through pandemic
While 2021 sales have improved over 2020, most foodservice sectors have yet to reach pre-pandemic levels, and the industry will likely have to adapt to long-term changes in Canadians’ eating habits. Canadians love to travel and spend their foodservice dollars abroad. This summer marks the second consecutive summer that these dollars have remained locked into local […] Read more
Market Intelligence Update from Canada Beef: Retail sector wrestles with food inflation
As the economic tsunami of 2020 recedes and businesses navigate the choppy waters of supply chain bottlenecks and labour difficulties, the forecast for the Canadian beef industry is for smoother sailing. However, several factors ranging from widespread drought to capital flight in food processing are driving up food prices in the retail sector. Food inflation supports retail […] Read more
Canada Beef Market Intelligence Update: Domestic and export demand pulls beef into U.S.
Canadian beef imports hit a high this spring in the U.S., with April 2021 being the largest April in 10 years. The comparison to April 2020 is big, up 62 per cent. Big volumes this spring are comparable to Canadian beef import volumes during the spring months in 2020, 2019 and 2010 (USDA; carcass […] Read more
Canada Beef market intelligence update: U.S. restaurants re-open as vaccinations roll out
As the U.S. dampens the pandemic, restaurants are re-opening, with some states eliminating all restrictions. On the retail side, demand for beef continues to outpace other meats and plant-based protein. Meanwhile, demand for Canadian beef remains strong, with imports up slightly over last year. Restaurants are open in all states in the U.S. As of […] Read more
Canadian Cattlemen Presents: Depth of Field
