Canada to start exporting breeding cattle and swine to Georgia

Feb 03, 2016

New market access could be worth $2.5 million annually

By Diego Flammini
Assistant Editor, North American Content
Farms.com

New market access to the country of Georgia for Canadian breeding cattle and swine could be worth millions of dollars each year.

Beginning immediately, Canadian cattle and swine breeders can export their products to Georgia. The Canadian industry estimates the new market access could be worth $2.5 million annually.

Representatives from the swine industry are encouraged that access to Georgia will help Canada’s swine industry grow worldwide.

“A live breeding swine certificate activated for Georgia is good news for the Canadian swine industry as our exporters will now have market access to supply Georgia with our high-health, top quality swine genetics,” said Nancy Weicker, Executive Director of the Canadian Swine Exporters Association in a Feb, 2^nd press release. “Georgia is a new market for Canadian swine genetics and our solid reputation will allow us to further develop the swine industry globally.”

The deal was announced by Minister of Agriculture Lawrence MacAulay and Minister of International Trade Chrystia Freeland. Both are optimistic about the opportunities the Georgian access can provide to Canadian cattle and swine breeders.

In 2014, Canada exported about $166.3 million worth of animal genetics and Georgia imported $1.7 million in animal genetics.

Trade Between Canada and Georgia

Total trade between Canada and Georgia in 2014 was $90.3 million.
Canada exported $14.2 million worth of goods to Georgia and imported $76.1 million.
Total agri-food and seafood exports to Georgia were about $7.4 million in 2014 and included frozen pork, lentils and frozen chicken cuts.

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.