Canada: Livestock and Products Annual

Further contraction in the Canadian herd is forecast in 2023 driven by lingering impacts from the 2021 drought. A smaller cow herd will result in a reduced calf crop and lower beef production compared to 2022. Beef imports and exports are expected to slow on reduced domestic and global demand. The swine herd is also forecast to see contraction in 2023 as a result of processing capacity reductions in Eastern Canada. Production is projected down in Ontario and Quebec, driven by reduced slaughter capacity. Live exports are expected to decline from 2022 numbers, but feeder exports from Western Canada to the United States will continue to be supported. Canadian pork exports are forecast down on reduced production and pork imports are expected to decline on lower demand domestically. Key Words: Canada, Livestock, Cattle, Beef, Swine, Pork