The Canada Beef booth at the Seoul Food and Hotel  exhibition in 2021

Market Intelligence Update from Canada Beef: South Korean beef demand recovers as import tariffs drop

Despite rising inflation and interest rates, beef demand has slowly recovered in South Korea. General consumer sentiment has been weak due to high inflation rates and interest rates and a stagnant economic situation, including poor export records. But beef demand has been recovering gradually thanks to year-end spending and the Lunar New Year holiday in […] Read more


Global Markets: Winter weather roils U.S.

By MarketsFarm   WINNIPEG, Feb. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Winter storms were causing problems across the United States, with a blizzard warning in Southern California for the first time in decades, interstate closures in Arizona and Wyoming, and thousands of flights […] Read more

Global Markets: Israeli raid kills 10 Palestinians

By MarketsFarm   WINNIPEG, Feb. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   An Israeli raid on the West Bank city of Nablus left at least 10 Palestinians dead and wounded 102 more, according to Palestinian officials. The Israeli army provided little explanation for the […] Read more


Global Markets: Canadian CPI growth slows

By MarketsFarm   WINNIPEG, Feb. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s Consumer Price Index was up by 5.9 per cent on an annual basis in January, which compares with the 6.3 per cent annual inflation reported the previous month, according to report […] Read more

Global Markets: German airline strikes disrupt flights

By MarketsFarm   WINNIPEG, Feb. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Strike action at seven German airports has led to thousands of flight cancellations and disruptions to an estimated 300,000 passengers. The workers are asking for higher wages and have threatened a ‘summer […] Read more



Global Markets: U.S. issues new EV charger rules

By MarketsFarm   WINNIPEG, Feb. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The United States issued new rules on a national electric vehicle charger network on Wednesday seeking to provide standardized access across the country. The new rules will also provide US$7.5 billion in […] Read more


Global Markets: U.S. inflation rate slowing

By MarketsFarm   WINNIPEG, Feb. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The annual rate of inflation in the United States dipped slightly in January, coming in at 6.4 per cent compared to 6.5 per cent in December, according to the country’s latest report […] Read more