The Proprietor Review

The premier of Alberta has doubled her bacon consumption + has her eye on beef. In the sense that made in Canada a solution to sales can be achieved, so bacon up.

Beef and pork production by country

Five Largest Beef Producing Countries

1. United States
2. Brazil
3. European Union
4. China
5. Argentina

Five Largest Pork Producing Countries

1. China
2. United States
3. European Union
4. Brazil
5. Russia

Consumers

Five Greatest Beef Consuming Countries

1. United States – Approximately 26 million metric tons
2. Brazil – About 10 million metric tons
3. China – Roughly 10 million metric tons
4. Argentina – Around 3 million metric tons
5. Mexico – Approximately 2 million metric tons

Five Greatest Pork Consuming Countries

1. China – Roughly 54 million metric tons
2. United States – About 12 million metric tons
3. European Union – Approximately 12 million metric tons
4. Russia – Around 3 million metric tons
5. Brazil – About 3 million metric tons

Good Luck

Farms and Rancheswith Beef Cattle2021 Census of Agricuiture11,1millionTotal Cattle and CalvesDary 1, 20242.1% fromJanuary 1, 2023(includes 1.4 million dairy cattle)Statistics Canada3.46millionBeef CowsJanuary1, 2024Down 2.4% fromJanuary 1, 2023Statistics CanadaQuebec 40Atlantic 2020 40 60#of Head (May 11, 2021)2021 Census of AgicultureBeef Cows by ProvinceJanuary 1,2024Statistics Canade: inventory x 1000 headPercentages may not add to 100% due to rounding5% 45%28% 11%1831.556 L 6% 1980 381 215117Average Cost of Production vs.Average Returns on anAlberta 550 Ib Calf*Price S/cwt EST. Total Costs per cwt3.1262.1161.1.690 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22Canfax Research Services23% of farms havebetween 47 and 122 cows.with 956,118 beef cows, 26%of the herd.15% of farms have1% of the farms between 123 and 499 cows.have 13% of the with 1.21 million beef cows,45% of the herd.beef cows, between 2021 Census of Agriculture500 and 2,499 on Results rounded to nearesteach farm. whole numberCanada fed 3.1 million cattle in2023 (finished to market weight)down 4.4% from 2022.Canfax, Statistics Canada, AAFCWestern Canada finishes 79%of all fed cattle in Canada. canfaxIn 2023, Canadaproduced 3.44bilion pounosnof beef,offals), down 4.6% 3.44from 2022. BillionCanfax Research Services PoundsCattle and calf cash receiptsin 2023 totaled $15.0 billion,up 26% from 2022. statistics CanadaBeef production contributed$29 billion to Canada’s GDP(2021-2023 average).Canfax Research ServicesWHERE CANADA TRADESBeef Exports – 20231.1 billion pounds (499 million kg)75.2% United States2.9% South Korea9.1% Japan6.5% Mexico3.4% Other3.0% Southeast AsiaBeef Imports – 2023411 million pounds (187 milion kg)53.0% United States9.7% New Zealand6.4% Uruguay10.9% Australia6.2% Mexico13.8% otherStatistics CanadaIn 2023, Canada exported 51% of totalbeef and cattle produced in Canada.Statistics Canada, Canfax, AAFCIn 2023, 45% of Canadian productionwas exported (excluding slaughter cattle).Statistics Canada, Canfax, AAFCCanadian beef exports were valued at$5.02 billion in 2023, up 7.4% from$4.68 billion in 2022.Statistics CanadaCANADIAN BEEF What are wecONSUMPTION really eating?35.8 Ibs(16.2 kg)per person yearlyDown 7.2% versus last year.1 metric tonne = 2,204.6 lbs.Statistics Canada, Retail weight, 2023WHERE CANADA FITSTop 10 Beef Producing Nations – 2024fUnited States 19.72%Brazil 18.57%China 12.769%EU 10.65%India 7.57%Argentina a 5.20%Australia Canada 3.97%has 1.2% of theMexico world’s 942 million, 3.75%cattle.Russia 2.29%Canada 2.16%59% 10% 15% 20% 25%Canada produces 2% of the world’s beef supply. Worldwide beefproduction is forecast to be 60.4 million metric tonnes in 2024.USDATop 10 Beef Exporting Nations- 2024fAPvoorts)(excludes live slaughterBrazil 23.75%India 13.82%United States 12.97%Australia 10.31%Argentina 7.46%New Zealand 5.59%EU 4.86%Canada 4.54%Uruguay 3.85%Paraguay 3.65%5% 10% 15% 20% 25%Total world exports in 2024 are forecast to be 12.3 million metric tonnesand Canada is projected to be the 8th largest beef exporter in the world(excluding live slaughter exports).USDACanadian Beef ConsumptionDomestic Imports1.2001.00080060040020002 04 06 08 10 12 14 16 18Canadians consumed 924,283 metric tonnes of beef in 2023.Statistics Canada

Farms and Rancheswith Beef Cattle2021 Census of Agricuiture11,1millionTotal Cattle and CalvesDary 1, 20242.1% fromJanuary 1, 2023(includes 1.4 million dairy cattle)Statistics Canada3.46millionBeef CowsJanuary1, 2024Down 2.4% fromJanuary 1, 2023Statistics CanadaQuebec 40Atlantic 2020 40 60#of Head (May 11, 2021)2021 Census of AgicultureBeef Cows by ProvinceJanuary 1,2024Statistics Canade: inventory x 1000 headPercentages may not add to 100% due to rounding5% 45%28% 11%1831.556 L 6% 1980 381 215117Average Cost of Production vs.Average Returns on anAlberta 550 Ib Calf*Price S/cwt EST. Total Costs per cwt3.1262.1161.1.690 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22Canfax Research Services23% of farms havebetween 47 and 122 cows.with 956,118 beef cows, 26%of the herd.15% of farms have1% of the farms between 123 and 499 cows.have 13% of the with 1.21 million beef cows,45% of the herd.beef cows, between 2021 Census of Agriculture500 and 2,499 on Results rounded to nearesteach farm. whole numberCanada fed 3.1 million cattle in2023 (finished to market weight)down 4.4% from 2022.Canfax, Statistics Canada, AAFCWestern Canada finishes 79%of all fed cattle in Canada. canfaxIn 2023, Canadaproduced 3.44bilion pounosnof beef,offals), down 4.6% 3.44from 2022. BillionCanfax Research Services PoundsCattle and calf cash receiptsin 2023 totaled $15.0 billion,up 26% from 2022. statistics CanadaBeef production contributed$29 billion to Canada’s GDP(2021-2023 average).Canfax Research ServicesWHERE CANADA TRADESBeef Exports – 20231.1 billion pounds (499 million kg)75.2% United States2.9% South Korea9.1% Japan6.5% Mexico3.4% Other3.0% Southeast AsiaBeef Imports – 2023411 million pounds (187 milion kg)53.0% United States9.7% New Zealand6.4% Uruguay10.9% Australia6.2% Mexico13.8% otherStatistics CanadaIn 2023, Canada exported 51% of totalbeef and cattle produced in Canada.Statistics Canada, Canfax, AAFCIn 2023, 45% of Canadian productionwas exported (excluding slaughter cattle).Statistics Canada, Canfax, AAFCCanadian beef exports were valued at$5.02 billion in 2023, up 7.4% from$4.68 billion in 2022.Statistics CanadaCANADIAN BEEF What are wecONSUMPTION really eating?35.8 Ibs(16.2 kg)per person yearlyDown 7.2% versus last year.1 metric tonne = 2,204.6 lbs.Statistics Canada, Retail weight, 2023WHERE CANADA FITSTop 10 Beef Producing Nations – 2024fUnited States 19.72%Brazil 18.57%China 12.769%EU 10.65%India 7.57%Argentina a 5.20%Australia Canada 3.97%has 1.2% of theMexico world’s 942 million, 3.75%cattle.Russia 2.29%Canada 2.16%59% 10% 15% 20% 25%Canada produces 2% of the world’s beef supply. Worldwide beefproduction is forecast to be 60.4 million metric tonnes in 2024.USDATop 10 Beef Exporting Nations- 2024fAPvoorts)(excludes live slaughterBrazil 23.75%India 13.82%United States 12.97%Australia 10.31%Argentina 7.46%New Zealand 5.59%EU 4.86%Canada 4.54%Uruguay 3.85%Paraguay 3.65%5% 10% 15% 20% 25%Total world exports in 2024 are forecast to be 12.3 million metric tonnesand Canada is projected to be the 8th largest beef exporter in the world(excluding live slaughter exports).USDACanadian Beef ConsumptionDomestic Imports1.2001.00080060040020002 04 06 08 10 12 14 16 18Canadians consumed 924,283 metric tonnes of beef in 2023.Statistics Canada