Dry weather in Western Canada drives up beef prices

Fresh Whole Beef

Canada

Sustainability & Environmental Impact

Market & Price Trends

Published Mar 22, 2024

Tridge summary

Canada and the U.S. are experiencing a significant decrease in their cattle herd sizes. In 2023, Canada's beef cattle inventory dropped by 1.5% to 3.66 million head, the lowest since 1989. Similarly, the U.S. has seen its cattle herd size shrink for five consecutive years, falling to 28.2 million head in 2023, marking the lowest count since 1961.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Canada's cattle herd size has continued to decline for years, with the beef cattle inventory falling by 1.5% to 3.66 million head in 2023, the lowest level since 1989. The U.S. cattle herd size has shrunk for five ...

Source: Foodmate

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