Country 105

 

     
Country 105

Country 105


Agriculture Report

China Closes Border to Beef

By Manny Paiva

China imposes temporary trade restrictions on beef imports from Canada following BSE case.


Length: 1:06

China is the latest country to impose temporary trade restrictions on beef imports from Canada following last month's announcement of a mad cow case in Alberta.

Taiwan, Peru, Belarus and South Korea have also announced restrictions.

Indonesia has suspended imports of non-edible bone meal.

But the Canadian Food Inspection Agency says the case in Alberta won't affect Canada's official beef trade status.

If you remember -- about 40 countries closed their borders to Canadian cattle and beef products after Canada's first B-S-E case in 2003.

>>>

The Canadian pork industry is looking to recover after a bout last year with a highly infectious PED virus.

Darcy Fitzgerald is executive director of Alberta Pork.

He feels they're well on the way to a recovery, but are still dealing with a few issues.

Fitzgerald says the biggest challenge is the weak Canadian dollar. He says pork prices are low for now but he expects them to bounce back up in the near future.

>>>

Maple Leaf Foods has doubled its quarterly dividend.

And the company says it expects its business to recover in 2015 following a year of changes that ended with a loss in its fourth quarter.

The company -- which produces Maple Leaf and Schneiders prepared meats. as well as fresh pork and poultry, says it now pay a quarterly dividend of eight cents per share.

Maple Leaf reported a loss of 28.2-million dollars in the latest quarter, compared with a profit of 511.4-million a year ago, before the company sold its holdings in Canada Bread.

Sales for the quarter totalled 794-million dollars, up from 748.3-million a year earlier.

 

 


Bayshore Broadcasting Corporation
© 2018 Bayshore Broadcasting Corporation

Web Site by Websmart Inc