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Agriculture Roundup for Tuesday, February 21, 2023

Farm Credit Canada and the US Department of Agriculture report more than two-thirds of the American cattle herd is in an area affected by drought, leading to the largest contraction of the North American cattle herd in a decade.

Experts say the drought and other extreme weather events have beef farmers on both sides of the border thinning their herds in near-record numbers.

They are worried that could lead to supply problems in the beef industry over the longer term as climate change makes drought, flooding and wildfires more common.

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Economic Update – Navigating today’s economic environment

Video: Economic Update – Navigating today’s economic environment

In this recorded webinar, the FCC Economics team reviews the current economic and financial variables affecting farm, food and beverage, and agribusinesses – and what to expect for the remainder of 2025.

Navigating today’s economic environment hasn’t been easy with looming tariff threats and global uncertainty. Our economists will cover what’s happened so far, provide insights of what to expect going forward, and have time to answer some of your questions.