Cattle farmers in the US and Canada are projected to further decrease cattle numbers in 2023, leading to a 1.9% reduction in the cattle herd by the start of 2024. This is largely due to a decrease in beef cattle, while dairy cow numbers remain steady. The sheep population is also expected to drop by around 2%, while the pig population is predicted to remain stable, following a slight decline after significant decreases in 2021 and 2022. The USDA anticipates a decrease in beef production and an increase in pork production in 2024.