Canada’s pork/pork variety meat exports in November were seasonally high at 99,157 mt, but down 8 percent from a year ago. Higher exports to the United States and Mexico were offset by smaller shipments to Japan, Russia, China, Korea and the Philippines. For January through November, exports were down 2 percent to 1.005 million mt. Exports increased to the U.S. (306,706 mt, +13 percent and benefiting from a stronger U.S. dollar), China (147,638 mt, +21 percent), Mexico (62,377 mt, +38 percent), Philippines (44,262 mt, +34 percent), Taiwan (27,017 mt, +63 percent), and Australia (26,727 mt, +3 percent), but were lower for the following markets:
- Japan (158,568 mt, -13 percent) as Canada saw a decline in frozen exports, similar to the United States
- Russia (80,976 mt, -58 percent), although ractopamine-free exports maintained Russia as the fourth largest destination for Canadian pork
- South Korea (35,698 mt, -32 percent), as Canada faces the disadvantage of no free trade agreement, along with plentiful supplies of domestic pork
Canada’s January-November pork imports were down 7 percent to 172,686 mt with smaller imports from the U.S. (163,689 mt, -8 percent) and Chile (1,548 mt, -34 percent) but larger volumes from the EU (7,248 mt, +9 percent – led by Germany). U.S. net pork imports from Canada increased to 11,819 mt, the largest since November 2010, assisted by a strong U.S. dollar and high U.S. pork prices. U.S. imports of live hogs from Canada were down 10 percent to 5.05 million head. This included a 12 percent decline in feeder pigs (4.14 million head).
Canada’s beef/beef variety meat exports in November totaled 24,498 mt – up 62 percent from a year ago due to the XL plant closure, but down 7 percent compared to November 2011. For January through November, exports were up 1 percent to 258,443 mt as lower exports to the U.S. (183,412 mt, -1.6 percent) and Mexico (15,685 mt, -29 percent) were offset by growth to Hong Kong (23,185 mt, +38 percent), Japan (14,675 mt, +23 percent), and China (5,745 mt, +512 percent).
Canada’s beef imports through November totaled 198,479 mt (-0.5 percent). This included a slight increase from the U.S. (152,679 mt) and higher volumes from Australia (15,935 mt, +20 percent) and Uruguay (12,389 mt, +19 percent). Imports were lower from New Zealand (14,462 mt, -27 percent). U.S. net beef imports from Canada widened to 6,797 mt, the largest since March 2012. As with pork, these results were assisted by the strong U.S. dollar and high U.S. prices. U.S. imports of live cattle from Canada were up 30 percent from a year ago to 1.056 million head. This included higher imports of feeder cattle (315,628 head, +134 percent) and direct slaughter cows and bulls (381,200 head, +50 percent), while imports of direct slaughter fed cattle were lower (346,620 head, -17 percent).