Tuesday, October 28, 2014

Thailand takes Canadian pork market

Thailand is poised to take over part of the Russian pork market that was filled with Canadian pork – until Russia banned meat imports from countries that imposed economic sanctions over the situation in the Ukraine.

Russia has signed an agreement to accept pork from two processing plants in Thailand.

Officials in Thailand say they believe they will be able to export about 50,000 tonnes of pork to Russia.

Russia was Canada’s second-largest customer for pork at the time the trading bans were announced.

Canada was among the countries that imposed economic sanctions on Russia.

The chances of getting the Harper government to compensate Canadian hog farmers and Canadian pork packers for the loss of the Russian market vary between zilch and nil.