Market Outlook

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

Summary

Lamb/Sheep: Actual data are available for first-quarter 2022 production and trade. No revisions were made to the rest of the quarters of 2022’s production forecasts. Sheep and lamb production is expected to decline between 2023 and 2022. Lamb prices are expected to be higher in 2023 than 2020.