Industry needs about 5.5 million cows in Canada to be sustainable.
The new President of the Canadian Cattlemen's Association is ready to face some new challenges.
Martin Unrau says maintaining slaughter capacity and industry infrastructure will be one of the main challenges for the beef sector in the next few years.
He believes the industry needs about 5 and a half million beef cows in Canada to be sustainable.
As of January 1st -- there were 4.2 million.
Stats Canada has released its spring planting report -- and it expects a record season for canola.
The report says Canadian farmers intend to plant 20.4 million acres of canola -- up from a record 18.9 million last year.
It projects all wheat will cover 24.3 million acres.
The report also expects to see a major increase in the number of acres seeded for peas, dry beans, oats, flax and barley.
The Fisheries Minister says some organizations favour proposed changes to the Fisheries Act -- despite opposition from the N-D-P and environmentalists.
Keith Ashfield says Ducks Unlimited is one group in favour of revisions that would identify and manage threats to the commercial, recreational and aboriginal fisheries.
But critics claim measures protecting marine ecosystems would be stripped away and the definition of a fish habitat would be narrowed.
And Caterpillar reports a 29 per cent jump in first quarter profit to 1.59 billion dollars.
That compares to 1.23 billion for the same period last year.
The heavy equipment manufacturer is also boosting its full year outlook -- mainly because global demand is booming for mining equipment.