Canada says Australia has re-opened market access for beef, beef products
Australia has lifted a 22-year-old ban on the import of Canadian beef and beef products, the Canadian Food Inspection Agency said on Tuesday, a move that brings relief to farmers but is unlikely to spur major new sales.
Australia imposed import restrictions on Canadian beef in 2003, following the discovery of Canada's first domestic case of mad cow disease. It lifted a similar ban on U.S. beef imports last week.
Canada's government celebrated the long-awaited resumption of access to the Australian market.
"With restored access to Australia, a key market in the Indo-Pacific, we can unlock more opportunities for our producers to deliver the top-quality beef we're known for," said federal Agriculture Minister Heath MacDonald.
WATCH | Canadian beef imports will no longer be banned in Australia for the first time in more than two decade:
Canadian beef back on the menu in Australia after 22-year ban
12 hours ago
Australia has lifted its ban on imports of Canadian beef products, a trade restriction introduced in 2003 when an Alberta-born cow first tested positive for bovine spongiform encephalopathy or mad cow disease.
Analysts are skeptical about how much North American beef can be exported to Australia because the U.S. has a major deficit and is importing beef from Australia, Canada and other suppliers.
"U.S. beef is still very highly priced compared to Australian beef," said Resilient Capital analyst Jerry Klassen.
"North American beef is really the highest-priced in the world."
The Canadian Cattle Association, which represents farmers and feedlots that raise cattle, celebrated the Australian market reopening, saying in a news release it was one of the last remaining countries to have maintained mad cow disease restrictions on Canadian beef.
Canada's cattle ranchers were devastated by the 2003 restrictions placed upon Canadian beef exports because much of the country's beef production is exported, especially to the U.S.
Ranchers celebrating market opening
Beef producers in Canada are celebrating the decision, even among cattle ranchers like Charlie Christie, who won't be directly sending his products to Australia.
"Any time you take more beef in a market, you're affecting everybody. So it'll raise all boats so to speak," said Christie.
"When you're taking beef out of the supply chain and sending it elsewhere, that opens up opportunity for all other types of production as well."
Christie added that any good news for the industry gives him optimism for the future of his business.
While the ripple effect of the Australian market opening up may not mean dramatic improvements for Canada's beef industry, Canadian Cattle Association general manager Ryder Lee said it's still a positive sign.
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