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 obtained from cattle. It encompasses all aspects of beef production, including breeding, raising, and slaughtering cattle, as well as the processing of beef products and their sale to consumers. The industry can include various stakeholders such as farmers, feedlot operators, slaughterhouses, meat processors, distributors, and retailers. The beef industry plays a significant role in the economy, providing jobs, generating income, and contributing to both domestic and international trade. Additionally, it is subject to regulations regarding food safety, animal welfare, and environmental practices. The beef industry is also impacted by consumer preferences, health trends, and sustainability concerns.
The Canadian beef market is currently experiencing remarkable price levels, yet an air of uncertainty hangs over due to potential tariffs from the United States. Despite these looming concerns, many…