Thursday, July 18, 2024

Feds give $6 million for beef exports

The federal government is giving $5 million to the beef industry to bolster exports.

Up to $5.9 million will go to Canada Beef and up to $453,000 to the Canadian Cattle Association.


The money is for advertising campaigns, incoming and outgoing trade missions, technical training and educational seminars.


Beef exports have been increasing from $2.7 billion in 2022 to more than $5 billion last year.


The top buyers have been the United States at $4 billion, Japan at $351 million, Mexico $284 million, South Korea $122 million and Vietnam $79 million, according the Agriculture and Agri-Food Canada.