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Canadian Beef Prices Surge: Consumption Drops as Cows Dwindle

6/6/2025

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Summary

Story summary

Beef prices in Canada have skyrocketed, with striploin soaring by 34.2% and ground beef climbing 23% since January. The beef cow inventory has plummeted to its lowest level since 1989, forcing many producers to leave the industry. As a result, per capita beef consumption has fallen by 7.1%, turning this staple into a luxury for countless families.

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Story summary

Beef prices in Canada have skyrocketed, with striploin soaring by 34.2% and ground beef climbing 23% since January. The beef cow inventory has plummeted to its lowest level since 1989, forcing many producers to leave the industry. As a result, per capita beef consumption has fallen by 7.1%, turning this staple into a luxury for countless families.