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National & World Ag News Headlines
Canada's Beef Cattle Herd Falls to 23-Year Low
USAgNet - 09/21/2017

Canada's cattle herd is poised to reach its smallest in 28 years, due to the reluctance of a new generation of ranchers to enter the industry. But the pork sector is poised to set fresh export records.

In its first forecasts for 2018, the USDA's Ottawa bureaus aid that while a return to expansion in the Canadian cattle her had been "highly anticipated for several years", it was "unlikely to occur" before 2019 at the earliest.

Agrimoney.com reports that the trend reflects the spike in fed cattle prices earlier this year, which fuelled 12% growth in Canadian heifer slaughter in the first half of this year and a 16% surge in cow slaughter.

While a drop of 17% in cattle farms since 2010, and 35% since 2005, was down in part to consolidation, "the loss of farms continues to outpace the rate of growth in cattle per farm, dragging down the size of the total cattle herd."

The herd will, by the end of next year, have shrunk by 22% from its 2005 high of nearly 15 million head.


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