Farms.com Home   Ag Industry News

Cdn. genetics companies wait for export licenses

Cdn. genetics companies wait for export licenses

China hasn’t renewed the licenses for either Alta Genetics or Semex

By Diego Flammini
Staff Writer
Farms.com

China hasn’t renewed export licenses for two Canadian livestock genetics companies.

Alta Genetics in Balzac, Alta. and Semex in Guelph, Ont. are waiting for Chinese confirmation that they can resume exports to China.

China represents a significant market for Canadian livestock genetics.

Canada exported $3.1 million of beef cattle semen, $6.5 million of dairy semen and almost $800,000 of bovine embryos to China in 2017. China was the top market for beef semen and the fourth-largest market for both the dairy semen and bovine embryos, stats from Agriculture and Agri-Food Canada show.

The federal government is aware of the situation, said Michael Latimer, executive director of the Canadian Beef Breeds Council.

"They know what's going on and are handling it the best they can," he told Farms.com. "It's a delicate situation and they can't give us all of the details but they are working on it."

Paperwork appears to be the cause of the renewal delay.

“As part of normal business, Customs China regularly conducts audit visits to our genetics livestock centers exporting to China, just as Canada conducts audits in other countries from whom we import agricultural goods,” an email from Agriculture Minister Bibeau’s office said, iPolitics reported.

A spokesperson from Semex told Farms.com the company couldn’t provide a comment on the matter.

Farms.com has reached out to Alta Genetics and the Canadian Beef Breeds Council for comment.

SteveOehlenschlager/iStock/Getty Images Plus photo


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.