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Canadian Beef Returning to China Comes With Razor-Thin Margins, Analysts Say

Shipments will now be subject to a quota and any imports over that limit will be tariffed at 55 per cent

China reopening its market to Canadian beef is unlikely to increase prices at home or reduce already tight supplies, but it might boost the long-term resiliency of a volatile business with razor-thin margins, industry analysts say.

On Jan. 20, China dropped its long-standing ban on Canadian beef. Shipments there will now be subject to a quota that is shared with other countries, and any imports over that limit will be tariffed at 55 per cent...

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