The forecast for cattle production, specifically the calf crop in Canada, shows a declining trend from 2024 to 2028. The values in million units start at 4.24 in 2024 and decrease gradually to 4.11 by 2028. In 2023, actual data indicated that production was slightly higher, demonstrating a mild downward trend in upcoming years. Year-on-year, the decrease in projections from 2024 to 2025 is approximately -0.71%, and from 2025 to 2026 is -0.95%. Over the five-year period, the compound annual growth rate (CAGR) indicates a steady decline of around -0.78% per year.

Future trends to watch for include:

Impacts of climate change and environmental policies on cattle farming.
Technological advancements in livestock management that may affect production efficiency.
Trade policies and international market demands influencing Canadian beef exports.
Changes in consumer preferences towards sustainable and plant-based protein sources.