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China accounting for bulk of Canadian canola exports so far

Chinese wheat imports roughly half of last years' at same time

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China has done most of the heavy lifting when it comes to Canadian canola exports through the first three months of the 2023/24 marketing year (Aug/Jul), according to the latest international trade data released Dec. 6. Statistics Canada reported canola exports through October at 1.566 million tonnes, with China accounting for 64 per cent of the total (1.006 million tonnes). Japan and Mexico followed at 273,300 tonnes and 196,900 tonnes respectively.
Fried foie gras, grilled. (Vichie81/iStock/Getty Images)
Livestock, Poultry/Eggs, Reuters

French foie gras makers toast rising output after bird flu gloom

Canada, U.S., Japan ban French poultry imports since vaccination

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Paris | Reuters — French foie gras output is set to rise for the first time in five years in 2023 as France starts vaccinating ducks against bird flu that has destroyed flocks in recent years, but trade bans that followed will weigh on exports, producers said on Thursday. France has been among the countries […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Japan lifts last of BSE-era restrictions off Canadian beef

Canadian processed beef regains access to Japan

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The last of Japan’s import restrictions on Canadian beef and beef products stemming from the BSE crisis has been lifted, allowing access for Canadian further-processed beef. Canada’s federal agriculture department announced Monday that Japan has reopened to imports of “processed” Canadian beef — just days ahead of a significant reduction in Japan’s tariffs on imports […] Read more
Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)
Crops, Markets

China top destination for Canadian grains, oilseeds

CGC data points to key destinations

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MarketsFarm — China is the top destination for Canadian grain and oilseed exports through the first five months of the 2022-23 marketing year, accounting for roughly a third of the total movement, according to the latest monthly report from the Canadian Grain Commission. Canada has exported 6.566 million tonnes of grains, oilseeds, and pulses to […] Read more
File photo of a suspension footbridge in Thailand. (Tinnakorn Jorruang/iStock/Getty Images)
General, Machinery, Markets, Reuters

Canada to boost defence, cyber security in Indo-Pacific policy

New policy document puts focus on 'disruptive' China

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Ottawa | Reuters — Canada launched its long-awaited Indo-Pacific strategy on Sunday, outlining $2.3 billion in spending to boost military and cyber security in the region and vowed to deal with a “disruptive” China while working with it on climate change and trade issues. The plan detailed in a 26-page document said Canada will tighten […] Read more
Japan has consistently been a top customer and is the leading international market for U.S. red meat.
Markets, Prime cuts

Beef exports add huge value

Prime Cuts with Steve Kay

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Exports are the lifeblood of the U.S. beef industry, even more so than in Canada if one excludes its exports south. U.S. exports added more than US $476 to the value of each fed steer or heifer in the first seven months of this year. From virtually no beef export sales in the 1970s, the […] Read more
File photo of a rapeseed field in Iwate prefecture in northeastern Honshu, Japan. (Nattya3714/iStock.Getty Images)
Canola, Crops, Markets, Soybeans

USDA reports offer new oilseed insights from India, Japan

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MarketsFarm — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) released its weekly Global Agricultural Information Network (GAIN) reports on Wednesday, including new information regarding oilseeds in India and Japan. Oilseed production in India is projected to increase by one per cent at 42.1 million tonnes in 2022-23, according to FAS New […] Read more
Market Intelligence Update from Canada Beef: COVID surge hits Japan’s foodservice sector
Global markets, Markets

Market Intelligence Update from Canada Beef: COVID surge hits Japan’s foodservice sector

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As Japan rides another wave of COVID-19 cases, measures meant to contain infections are expected to hit the foodservice sector again. In February, Japan’s daily count of new COVID-19 cases exceeded 100,000 for the first time since the pandemic began as the highly transmissible Omicron variant spread rapidly across Japan. The Japanese government has expanded […] Read more
File photo of a canola crop south of Ethelton, Sask. in 2019. (Dave Bedard photo)
Canola, Crops, Markets, Reuters

Canada’s drought forces canola importers to turn elsewhere

'Importers...are going to be left out in the cold'

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Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for the yellow-flowering oilseed. With the scant available Canadian canola fetching high prices, customers of the world’s biggest canola exporter are leaning more heavily on smaller-producing […] Read more

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