cattle in a feedlot

Total Canadian cattle, calf numbers shrink again

BeefWatch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

As the cattle herd shrinks, leverage has shifted from the retailer through the supply chain to the cow-calf sector. Heavier Canadian steer carcass weights supported fed production in 2024, offsetting smaller slaughter volumes. Fed and feeder cattle prices moved to record highs in the first quarter of 2025, building on momentum from the fourth quarter […] Read more

The reduction in cow slaughter volumes since May suggests the Canadian beef cow herd is entering the consolidation phase of the cattle cycle.

Canadian beef cow inventory smaller, fed carcass weights heavier

BeefWatch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

The Canadian beef cow herd is showing signs of entering the consolidation phase of the cattle cycle. Beef cow inventories were smaller, but there were more beef breeding heifers on July 1. The U.S. cattle herd is estimated to have declined from last year. Feeder imports from Mexico and heavier carcass weights have supported U.S. […] Read more


BeefWatch: Record-high cattle prices yet to spur herd expansion

BeefWatch: Record-high cattle prices yet to spur herd expansion

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

Despite record-high prices for feeder cattle this spring and summer there appears to be no signal that the North American cattle herd has transitioned to the expansion phase. The heifers kept for breeding were down, as of July 1, while heifers for slaughter were up. Depleted feedstocks, record-high feeder cattle prices and widespread areas of […] Read more

Canada’s beef cow inventory has declined for the third consecutive year and is at its lowest since 2015.

Canadian cattle numbers see significant drop, strong demand for beef continues

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

Canada’s cattle inventory declined in 2022, with cows and heifers for beef replacement down substantially. Concerns about a second year of drought across the Prairies pushed more heifers into feedlots early in 2022. Prices for fed and non-fed Canadian cattle maintained their upward price momentum from spring to summer on a tight supply outlook, as […] Read more


BeefWatch: Canada’s cattle herd shrinks, beef exports very strong

BeefWatch: Canada’s cattle herd shrinks, beef exports very strong

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

Canadian and U.S. cattle inventories continued to contract at the start of 2022. Cattle supplies remained ample in the near term with large on-feed inventories but are expected to tighten in the second half of the year with a shrinking cow herd and smaller calf crop. Beef exports were remarkably strong in 2021 with record-high […] Read more

BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers

BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

The third quarter brought opportunities and challenges as strong beef demand warrants cautious optimism for producers who must still contend with a year of drought. The Canadian cattle herd has reportedly increased for the first time since 2017 with beef breeding heifer numbers up on July 1. Beef exports have surged with strong consumer demand […] Read more