Canada: Livestock and Products Annual 2014
The cattle herd will continue to shrink in 2015, as record high animal prices prompt many producers to liquidate, while beef heifer retention remains weak. Relatively cheaper feed in the United Sates will support vigorous cattle exports. Beef supply will remain tight, below the 2014 level, and a weaker dollar will favor exports and discourage imports. The hog sector stays stable, continuing a trend of moderate growth. Pork production and exports are expected to show a modest increase.