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Canada's beef cow herd on cow-calf farms fell from 4.5 million head in January 2008 to about 3.2 to 3.3 million in January 2023. The average herd size per farm has grown as smaller operations exit.
Slim margins and rising input costs are pushing producers to consolidate.
A structural decline in Canadian cow numbers tightens beef and feeder calf supply over time. This modestly supports cattle prices, although the effect is gradual.
cbc.caStephen CookJul 2, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
