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You are at:Home»Global News»While prices take effect, Canadian cattle groups seek to diversify the markets
Global News

While prices take effect, Canadian cattle groups seek to diversify the markets

March 6, 2025001 Min Read
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The beef industry groups indicate that with 25% of American prices on Canadian products that take effect, they seek to diversify their export markets, to deal more national and to put pressure for improvements to government support programs.

THE cattle The sector is closely intertwined between Canada and the United States, animals often raised here before being sent through the border for slaughter. The levy is the last challenge for an industry already dealt with with drought, an aging workforce and other long-term opposite winds.


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Trudeau, Trump discusses prices and fentanyl in a call of almost an hour


A fifth of the cattle ready for harvesting in Alberta is exported to the United States, representing a large percentage of the Northwest Pacific market, said Curtis Vander Heyden, vice-president of the Alberta Cattle Feeders’ Association.

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“In a week, you take (you take) 10 to 12 million dollars directly on the pockets of an fattening park producer in Alberta,” said Vander Heyden about prices.

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“A larger image, it becomes very scary from the overall economic point of view of the whole industry.”

Dennis Lycraft, executive vice-president of the Canadian cattle association, said that he would like to see Canada intensifying international marketing efforts for Canadian beef.

“Global demand for beef increases faster than global beef production. We are very excited by the future, which is why it is so frustrating to experience an event like this, “he said.

Lycraft said that members of his group are currently in Asia, seeking to develop relations on increasing markets such as Japan, South Korea, Vietnam and Taiwan.

“You don’t replace the United States – it’s the largest market in the world – but we are examining where we can diversify.”


Click to play the video: `` business matters: China's reprisal rates hit American farm exports'

2:14
Business Matters: reprisal prices in China struck the exports from the American farm


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Doug Roxburgh, president of Alberta beef producers, said it would be difficult for all cattle to Canada to be treated here.

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“But we see value in the subsequent treatment of our product and allowing Canadians not to see this movement go to the North-South all the time,” he said.

Roxburgh has added that his group also hopes to remove the support ceiling offered by the AGRICABILITY program, which aims to buffer large income diving producers and to provide cattle price insurance programs offered in Canada more in accordance with those in the United States.

“Their programs are much more in depth and much more effective than ours today and we hope that in the coming days, we can start to see improvements to these programs.”


Click to read the video:

2:04
Why beef is more expensive: price increases explained


& Copy 2025 the Canadian press

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