Combined U.S., Canada livestock numbers lower

Published 2024년 3월 6일

Tridge summary

A joint report from the USDA and Statistics Canada has revealed a decrease in the combined U.S. and Canadian cattle, hog, and sheep herds due to profitability concerns and increased export competition. The combined hog herd at the end of 2023 was slightly lower than the previous year, despite a small increase in the U.S., due to a 1% decline in Canada. The combined cattle, sheep, and lamb inventories at the start of 2024 were also 2% lower than the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The combined U.S. and Canadian cattle, hog, and sheep herds have gotten smaller.That decline is largely due to producer concerns about profitability and increased export competition.In a joint report from the USDA and Statistics Canada, the combined hog herd at the end of December 2023 was slightly lower than the year before, with a modest increase in the U.S. canceled out by a 1% decline in Canada. Except for U.S. market hogs and Canada’s pig crop, the major categories were below the previous year’s levels.The combined ...

Source: Brownfield Ag