Canadian beef will be exported to China following the relaxation of an import ban that had been in place since 2021, the agriculture minister said, though analysts cautioned it will likely be in small amounts.
The reopening of what could be a vital market for Canadian beef follows the visit of Canadian Prime Minister Mark Carney, who reached an agreement with China’s leadership to lower tariffs and do more business on a number of agricultural commodities, including canola.
“We know that there’s a large company that’s shipping its first load of beef to China next week,” said Canadian Agriculture Minister Heath MacDonald. Earlier on social media he said “China has lifted market access for
Canadian beef.” China’s customs agency did not comment. The move is not expected to have an immediate major impact on Canadian beef exports or prices because North America has a shortage of domestic beef and prices are historically high. –