The forecast for lamb carcass weight in Canada shows a gradual increase from 237.18 hectograms per animal in 2024 to 240.56 hectograms per animal in 2028. This represents an overall upward trajectory with each subsequent year demonstrating a steady increase in weight. The year-on-year growth was consistent, with slight variations indicating sustained growth in carcass weight over the forecast period.
Key points from the forecast:
- The year-on-year increase from 2024 to 2025 is 0.37%.
- From 2025 to 2026, the growth is approximately 0.36%.
- The increase from 2026 to 2027 is around 0.35%.
- From 2027 to 2028, the growth stands at 0.34%.
- The compound annual growth rate (CAGR) over five years is around 0.35%.
In the future, trends to watch include technological advancements in lamb farming, shifts in consumer preferences toward different meat qualities, and possible effects of climate change on grazing land availability and feedstock quality. Additionally, any fluctuations in demand for lamb products, driven by changing dietary trends or economic conditions, could impact carcass weight trends.