CANADA, Wellington, Ontario. Canada’s beef sector is an important driver of economic growth, contributing $2.69 bn annually to the Ontario economy and supporting 61,000 jobs in the province. The Government of Canada continues to invest in innovation and the overall productivity and competitiveness of the livestock industry.
Agriculture and Agri-Food Minister, Lawrence MacAulay, announced a $2 mill. investment with the Beef Farmers of Ontario to enhance the genetic profiling of eastern Canada cow herds to improve feed efficiency. The research will take place within the Elora Beef Research Centre, which is being expanded through a provincial investment announced by Ontario Minister of Agriculture, Food and Rural Affairs Jeff Leal at the same ground-breaking event.
This federal investment is expected to have a direct benefit for producers by reducing the amount of feed needed for every pound of beef, with each cow producing less methane and less manure. Feed costs account for 25% of beef input costs. Industry studies have shown that a 1% improvement in feed efficiency can result in annual savings of $11.1 mill. for the sector.
Source: Government of Canada