Publication - The Impact of Foot and Mouth Disease Outbreaks in Taiwan and South Korea on the Red Meat Industries in Canada and the United States

Title in English
The Impact of Foot and Mouth Disease Outbreaks in Taiwan and South Korea on the Red Meat Industries in Canada and the United States
Publication ID
10851E
Published Year
2008
URL
Author(s)
Organization
Type
Web Publication
Cost
Free Publication
Language
English
Region
Ottawa/Hull (NCR)
Also Available In:
Status
Available on the Web
Pages
1-38
ISBN
978-1-100-11430-9
Catalogue No.
A38-4/19-2008E-PDF
Summary in English
In addition to trade liberalization, other factors have contributed to the strong growth of red meat production in Canada since the end of the 1980s. In particular, the outbreaks of foot and mouth disease (FMD) in Taiwan and in South Korea eliminated two competitors in the Japanese market. This reduction in supply caused an increase in the price of hogs in the United States and Canada of 2.5 and 3 percent respectively during the 1997 to 2007 period. The higher price stimulated Canadian production by an average of 5 percent and by 2 percent in the United States.

Annual agricultural farm receipts from the hog market were greater by an average of 276 million Canadian dollars (9 percent) for a grand total of 3 billion Canadian dollars over the 11 years. Moreover, the value added in the red meat processing industry was on average 158 million Canadian dollars higher (5 percent) for a cumulative total of 1.7 billion Canadian dollars. Finally, the value of exports of the red meat supply chain is on average 239 million Canadian dollars higher (4.4 percent) for a grand total of 2.6 billion Canadian dollars during these 11 years.
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