Exports are down for Canadian cows, says provincial livestock market analyst Jason Wood.
“On the export front, year-to-date feeders are down one per cent, slaughter fed cattle are down 49.5 per cent, and slaughter cows are down 28 per cent to the U.S.,” said Wood. “We’re still seeing a strong pull for feeders to the U.S.”
The U.S. herd grew by 2.5 per cent in the past year and heifer retention is up seven per cent over July 2014.
“These are strong numbers and the largest U.S. expansion in 25 years,” said Wood, adding herd expansion could start here in 2016 “if we can get the change in weather we’re looking for.”