Monday, August 25, 2025

Beef cycle bottoms out


Statistics Canada reported that cattle numbers increased for the first time since 2021 in July.

Beef cow numbers were up by four-tenths of one per cent and heifers kept for breeding by half of one per cent.

There were half of one per cent more dairy heifers and four-tenths of one per cent more dairy cows, both increases the same as beef.

The total Canadian cattle herd stood at 11.9 million, eight-tenths of one per cent more than a year ago.

The numbers hold true with the long-term beef cycle which is four years from the top to bottom of numbers and then four years from bottom to top. Prices take a reverse roller-coaster ride.

Hog numbers were down by 1.3 per cent this July. Total hog slaughter increased by 3.3 per cent to 11.6 million between January and July.

Statistics Canada said there was strong demand for export, but exports of cattle declined by 2.7 per cent over the first half of the year.