Market intelligence update Archives

A display of Canadian beef at Carnes Premium XO in Mexico.

Market Intelligence Update from Canada Beef: Mexico imports more beef

By Claudia Herrera-Blanc October 30, 2023

Canadian beef is gaining ground in Mexico this year, having achieved a 12 per cent greater market share in Mexico, reaching 14.2 per cent compared to 2022. In August, Mexico experienced its highest total beef imports of the year, reaching 19,248 MT, which is a 30.6 per cent increase compared to the same period last […] Read more

Global markets, Markets

Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef rebound

By Jamie Kerr October 25, 2023

U.S. import volumes of Canadian beef and veal rebounded in July, after three months of declines. July imports totalled 83.6 million pounds (37,929 tonnes). Carcass weights were up 14 per cent from June and up a moderate six per cent from July 2022. U.S. imports of Canadian beef are up seven per cent from the […] Read more

Beef Cattle, Global markets, Markets

Market Intelligence Update from Canada Beef: Imports rise toward end of 2022

By Brooklyn Braun February 28, 2023

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 […] Read more

While concerns about high food prices remain, there is reason to be optimistic about domestic beef consumption in 2023.

Markets

Market Intelligence Update from Canada Beef: Retail beef prices support Canadian consumption

By Canada Beef January 27, 2023

Amid food cost concerns in Canada, the average retail beef price throughout the second half of 2022 has been historically competitive with retail pork and chicken prices. The competitive retail beef price contributes to higher projected beef consumption for 2022. A sharp correction in the average retail beef price from September to October 2022 was […] Read more

Global markets, Markets

Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef rise

By Robyn Paddison December 8, 2022

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

A Canadian beef tasting event at Home Plus hypermarket with 130 stores.

Global markets, Markets

Market Intelligence Update from Canada Beef: Demand for Canadian beef in Korea may rise further

By Ichiro Kiyotomi December 7, 2022

Canadian beef imports to South Korea are up substantially from last year, and the possibility of temporary tariff cuts and a drop in U.S. beef imports may create even more demand for Canadian beef. Korea’s total beef imports in September 2022 were 48,727 tonnes, up 12.7 per cent year-over-year but down 30.4 per cent from […] Read more

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

Global markets, News

Market Intelligence Update from Canada Beef: Beef exports to South Korea surge

By Brooklyn Braun July 25, 2022

Despite an import ban early in the year, South Korea’s imports of Canadian beef spiked in March and April. South Korea banned Canadian beef imports from December of 2021 until January 19, 2022, due to an atypical BSE case found in an Alberta cow. January volumes were down 41 per cent from last year but […] Read more

Global markets, News

Market Intelligence Update from Canada Beef: Inflation cuts beef sales in Mexico

By Claudia Herrera-Blanc July 21, 2022

As inflation bites into food budgets, Mexican families are swapping beef and chicken for more pork. So far in 2022, the Mexican meat sector reported average price increases of 35 per cent, although some meat products have risen to 300 per cent. Inflation accelerated in May and reached its highest level since 2001 due to […] Read more

Global markets, Markets, News

Market Intelligence Update from Canada Beef: Foodservice and importers suffer in China and Hong Kong as Omicron wave peaks

By Angie Xu May 3, 2022

As Omicron hits new highs in parts of China, local authorities are trying to adopt pandemic measures that won’t hammer people’s livelihoods. However, the worst-affected cities or regions still must adopt partial or total lockdown policies. The epidemic will affect the economy in the short term, especially offline consumption in areas such as tourism and […] Read more

Canada Beef at a recent hotel promotion with Marriott Hotel Kaohsiung in Taiwan.

Global markets, Markets

Market Intelligence Update from Canada Beef: Canadian beef faces tough competition in Taiwan

By Deana Ko April 6, 2022

Shipping delays and high prices are plaguing importers of North American beef in Taiwan, slowing sales of chilled Canadian beef. Due to surging community cases, Taiwan CDC tightened all COVID restrictions, leading to many restaurant cancellations. Food take-out service remains a bright spot and business losses are bearable. Due to the Omicron wave that started […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Daily Network News

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Tag Archives Market intelligence update

Market Intelligence Update from Canada Beef: Mexico imports more beef

Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef rebound

Market Intelligence Update from Canada Beef: Imports rise toward end of 2022

Market Intelligence Update from Canada Beef: Retail beef prices support Canadian consumption

Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef rise

Market Intelligence Update from Canada Beef: Demand for Canadian beef in Korea may rise further

Market Intelligence Update from Canada Beef: Beef exports to South Korea surge

Market Intelligence Update from Canada Beef: Inflation cuts beef sales in Mexico

Market Intelligence Update from Canada Beef: Foodservice and importers suffer in China and Hong Kong as Omicron wave peaks

Market Intelligence Update from Canada Beef: Canadian beef faces tough competition in Taiwan

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