The Canadian cattle herd and swine herd are expected to contract in 2021.
Cattle exports are forecast to grow, beef exports are projected to increase, and Canada will continue to import U.S. feeder cattle.
Canadian pork exports are expected to be steady, and the U.S. will remain as the dominant import/export market for Canadian beef and pork products.
Both sectors are vulnerable to COVID-19 pandemic impacts.
Source: USDA Foreign Ag Services