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Sheep, Lamb & Mutton - Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Lamb/Sheep: The January 1 sheep inventory report shows that the total sheep and lamb inventory increased slightly between 2024 and 2025. The forecast for 2025 lamb and mutton production was increased compared to the January issue of this report from 132 to 134 million pounds, roughly the same as 2024 production.