Country 105

 

     
Country 105

Country 105


Agriculture Report

Pork Producers hear good news

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South Korea is temporarily removing a 25 per cent tariff on imported pork as Seoul tries to stabilize pork prices during a severe outbreak of foot and mouth disease.


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Good news for pork producers.

South Korea is temporarily removing a 25 per cent tariff on imported pork as Seoul tries to stabilize pork prices during a severe outbreak of foot and mouth disease.

The Canadian Pork Council says the move will create a vacuum for all major shippers of pork, including Canada.

Executive Director Martin Rice notes Canada's shipment of pork to South Korea prior to October 2010 had been averaging between 25-hundred to 45-hundred tonnes

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The Canadian Dairy Commission is hiking the price of industrial milk used to make cheese, yogurt, butter and ice cream by 1 and a half per cent.

This increase will drive up operating costs for restaurants that use dairy products in their menu items -- especially those that purchase mozzarella cheese for fresh pizza.

Garth Whyte -- the President and C-E-O of the Canadian Restaurant and Foodservices Association -- says this latest hike will make it even harder for its members to compete.

He also notes frozen pizza is sold tax-free -- but consumers are charged up to 13 per cent tax on fresh pizza due to the G-S-T and H-S-T.


 


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