Canada Beef: Beef exports to South Korea surge

South Korea banned Canadian beef imports from December of 2021 until January 19, 2022, due to an atypical BSE case found in an Alberta cow. January volumes were down 41 per cent from last year but rebounded strongly in February. March and April then both saw record-high numbers of over 3,000 tonnes. Consequently, in the first four months, volumes of 9,333 tonnes valued at $105 million are up 184 per cent in volume and 360 per cent in value from the same period in 2021. Exports to South Korea for the first four months of the year now represent 5.7 per cent of total exports, up 3.1 per cent from the end of 2021.

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