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Beef Prices Fuel Herd Recovery Hope | Winnipeg News
Description
Canada’s cattle herd hits a 35-year low, but rising beef prices are sparking hope for recovery—with experts urging farmers to embrace tech like AI and digitization to boost efficiency. Farm Credit Canada may redirect some of its $1 billion food processing fund toward beef production. While trade uncertainty with the U.S. stalls farm transfers and weather woes shrink numbers in key regions, favorable prices are enticing new entrants and fueling optimism. Growth is expected this year, though it’ll take two years for calves to mature—making patience key as the industry rebuilds.
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