Cattle numbers are the lowest in 60 years, but the full impact of that decline hasn’t yet been seen, says a market analyst.
Tag Archives beef demand
Cattle markets remain high on smaller herd
The beef industry has become more efficient and is finishing larger cattle to make up for the lack of numbers
Sustainable beef faces supply crunch
Producer involvement in Canadian Roundtable for Sustainable Beef program slows, even as certified demand increases
In the more than 10 years since the Canadian Roundtable for Sustainable Beef was established, it has made progress but also run into challenges.
Livestock’s missed opportunities
BRANDON — Last year, two globally respected organizations said the world needs more pork, chicken and beef. In September, the U.S. Department of Agriculture predicted that per capita consumption of calories from animal products would increase 29 percent from 2011 to 2050. Then, in its annual outlook, the Organization for Economic Cooperation and Development said […] Read more
Cattle futures moderate, but prices should remain strong
Cattle futures prices have come off record high levels but should remain strong in 2024 because market-ready cattle supply will be tight. The price level will also be affected by how well the American and Canadian economies do in the coming year and how secure consumers feel. I wrote recently about the signs that inflation […] Read more
