cowherd

The expansion of the Global Dairy Herd is making quite the impact on the Beef Market.

A growing amount of beef is coming from male dairy animals and spent cows.

"The dairy industry is expanding worldwide in a very big way, especially as the EU lifts the quotas in 2015," said Publisher of Beeflink Brenda Schoepp, "we see an oncoming need for dairy cattle worldwide, and also a contribution to the beef production system worldwide."

She added some EU Dairy Producers are planning to quadruple their herd sizes after the quotas are eliminated.

"First of all, right now we don't have enough to meet the demand, the other thing is other countries are more open to a dual purpose type of animal."

Schoepp also said the Canadian Beef Sector needs to examine how it can compete with this general shift toward the raising of cows for both milk and meat.