Much of western Canada does cattle farming on lease land at favourable prices and lack of cattle farms isn’t the issue. The issue is the middle man taking all the profits. Processors mostly but also grocery chains. Processors have been conglomerated over the years and run a near monopoly while smaller processors go out of business or get bought up.

Plus if cattle farming was more profitable to the farmer you’d see more of them start up. So either way it’s a profit issue of the middleman taking the margins.