China Unlikely To Maintain Ban On Canada Meat Imports

摘要

1. China has suspended the import of all Canadian meat products after allegedly discovering traces of ractopamine, a feed additivethat is banned in China, in a recent pork shipment from Canada.2. Should it remain in place, Canada faces losing a major pork export market at a time when other countries a reaping the benefitsof high pig meat prices and increased import demand amid the ASF epidemic.3. That said, we believe China is unlikely to prolong the import ban as both parties have strong incentives to resume trade.