date:Aug 26, 2014
.330 million head, down 1.4 per cent from the previous year and now 21 per cent lower from the last inventory peak in 2005. Coming into the report, there had been some hope that higher cattle prices in North America, lower grain prices and improving pasture conditions would help bolster inventory numbers but, so far, that has not been the case.
Indeed, Canadian producers had shown some willingness in rebuilding the herd, holding back more heifers in 2011, 2012 and 2013. With more heifers coming