Market Outlook

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


Lamb/Sheep: Forecast imports for the last two quarters of 2023 are 15 million pounds lower than the forecasts in the September report. The annual lamb and mutton import forecast for 2024 is 10 million pounds lower. Price forecasts for the fourth quarter of 2023 and all of 2024 have been increased by $10 per hundredweight (cwt) due to high lamb prices in the third quarter of 2023.