The beef industry refers to the sector of agriculture and commerce that is involved in the production, processing, and distribution of beef, which is the meat taken from cattle. This industry encompasses various activities, including cattle breeding, raising, feeding, and slaughtering, as well as the processing of beef into various products for consumption, such as steaks, ground beef, and processed meat products. The industry plays a significant role in the economy of many countries, contributing to employment, trade, and the overall food supply. The beef industry also faces challenges related to animal welfare, environmental sustainability, and health concerns, affecting practices and regulations within the sector.
Market Trends and Future Outlook The Canadian beef industry is witnessing unprecedented price levels, presenting both opportunities and challenges for cattle producers. Despite thriving market conditions, looming U.S. tariffs introduced…