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Philippines And South Korea Allowing Canadian Beef Exports Again

2 down and 1 to go. On the weekend, the Philippines lifted its temporary ban on imports of Canadian beef.

The ban started back in mid-December after a single case of atypical BSE was found in an older cow on a farm in central Alberta. South Korea issued a similar ban and days later so did China. Now, China remains the lone holdout. Federal ag minister Bibeau tweeted on the weekend, having the Philippines lift its ban is great news for cattle producers in Canada.

During the first three quarters of last year, Canada exported about 12 million dollars of beef to the Philippines. Cases of atypical BSE occur spontaneously from time to time in cattle. Last year, China banned imports of beef from Brazil after a case was confirmed there, but trade between the two countries has since resumed.

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Grain Markets - Darin Newsom

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Grain Markets – It was a busy weekend following news form the Russia/Ukraine conflict. We were joined this week by Darin Newsom of Darin Newsom Analysis to discuss those developments and how that will impact the markets here in the U.S.