Thirteen beef producers in the Peterborough County region of Ontario, Canada have gone out of business in the last six months, forced out by losses of up to $100/animal, according to the Peterborough Examiner. The Ontario Cattlemen’s Association (OCA) is lobbying the province and the federal government to help beleaguered beef producers. There are about 800 beef producers in the region, with some of the larger farms reaching 300-500 head of cattle.
Prices began to drop in the region in 2003 after the BSE restrictions. The trade has never fully recovered, with the latest hit being the advent of mandatory country of origin labeling in the U.S.