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- (-) March 2024
- (-) September 2023
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The Canadian cattle herd continues its sustained contraction in 2024. A smaller beef cow inventory will see the 2024 calf crop decline. Improved cattle prices may signal improved heifer retention if moisture conditions and pastures improve, or producers could see this as an opportune time to maximize exiting the industry during a time of better returns.
This report aims to educate U.S. food manufacturers on the unique and subtle differences in doing business in Canada, relative to the United States.
The Canadian cattle herd is forecast to sustain the long-term trend of contraction in 2024. Drought impacts will see cow and heifer slaughter increase proportionally to herd size in 2023, limiting any growth potential.
On June 1, 2022, the Quebec government passed legislation titled Bill 96, An Act respecting French, the official and common language of Quebec, to make new amendments to Quebec’s Bill 101.