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USDA predicts bleak 2024 for Canadian beef sector

According to a western Canadian market analyst, most of that forecast checks out.

The report, published by the USDA’s Foreign Agricultural Service office in Ottawa in late September, predicted the Canadian cow herd and calf crop will continue to shrink next year. The FAS suggested beef cow numbers will fall by almost 3.7 per cent, to 3.43 million head from 3.56 million, while calf stocks are expected to see a smaller drop, to 4.2 million from 4.25 million.

“Improved feed conditions in 2022-23 following the 2021 drought did not encourage any meaningful expansion or significant heifer retention amongst cow-calf producers,” the report read.

“The 2023 beef cow herd was the smallest in recent years, and drought conditions in certain regions on the southern prairies led to increased cow slaughter and a lack of signals for heifer retention.”

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Evolution of Beef Cattle Farming

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.