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About 60,000 Canadian farms and ranches raise 15 million cattle and calves for a combined industry value of $6 billion. Cattle farming is the most common farm operation in Canada: one-quarter of all Canadian farms raise cattle. The industry is fragmented: only 4 percent of all cattle farms have annual revenues exceeding $500,000, although they account for nearly 60 percent of industry revenue. No major companies dominate.
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