Canadian beef imports in November at 15,342 tonnes were up 18 per cent from November 2021 and up 11 per cent from the five-year average. Looking at the seasonal trends of imports, this year followed the usual patterns of being highest in the first quarter, decreasing into fall and then increasing in the last couple of months of the year. Slaughter in November was down only half a percent from last November. Canadian beef production was down three per cent in the second half of 2022, with exports down six per cent and imports up 12.5 per cent pointing towards stronger domestic demand.
November 2022 year-to-date beef imports into Canada of 152,712 tonnes valued at $1.5 billion were up five per cent in volume and up 19 per cent in value year-over-year. Year-to-date import volumes declined from New Zealand (-15 per cent), Uruguay (-29 per cent) and Argentina (-78 per cent), but increased from the U.S. (up four per cent), EU 27 (+13 per cent), the U.K. (+63 per cent), Australia (+37 per cent), Mexico (up nine per cent) and Brazil (+61 per cent).
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