Meat Goat Market Outlook JJ Jones Area Agricultural

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Meat Goat Market Outlook JJ Jones, Area Agricultural Economics Specialist

Meat Goat Market Outlook JJ Jones, Area Agricultural Economics Specialist

GOATS

GOATS

Total Goat. NPopulation January 1, U. S. , Annual Mil. Head 3, 9 3,

Total Goat. NPopulation January 1, U. S. , Annual Mil. Head 3, 9 3, 7 3, 5 3, 3 3, 1 - 0. 76 % 2, 9 2, 7 2, 5 2003 Data Source: USDA-NASS Livestock Marketing Information Center 2005 2007 2009 2011 2013 2015 2017

Total Angora Goat Population January 1, U. S. , Annual Thou. Head 350 300

Total Angora Goat Population January 1, U. S. , Annual Thou. Head 350 300 250 200 - 6. 58 % 150 100 2003 Data Source: USDA-NASS Livestock Marketing Information Center 2005 2007 2009 2011 2013 2015 2017

Total Dairy Goat Population January 1, U. S. , Annual Thou. Head 400 +

Total Dairy Goat Population January 1, U. S. , Annual Thou. Head 400 + 1. 87% 380 360 340 320 300 280 2003 Data Source: USDA-NASS Livestock Marketing Information Center 2005 2007 2009 2011 2013 2015 2017

Total Meat Goat Population January 1, U. S. , Annual Mil. Head 2, 7

Total Meat Goat Population January 1, U. S. , Annual Mil. Head 2, 7 2, 5 2, 3 -0. 8% 2, 1 1, 9 2003 Data Source: USDA-NASS Livestock Marketing Information Center 2005 2007 2009 2011 2013 2015 2017

2018 Meat Goat Inventory Thousand Head 21 24 29 15. 5 35 23 80

2018 Meat Goat Inventory Thousand Head 21 24 29 15. 5 35 23 80 27 Other States 182 US Total 2. 12 million 38 19 41 82 795 36 71. 5 21. 5 57 19 47 41 47 33. 5 104 33 16 44 70 44 Ranking 1. Texas (1) 2. Tennessee (2) 3. Oklahoma (3) 4. California (4) 5. Missouri (5) 6. Georgia (6) 7. Kentucky (7) 8. North Carolina (8) 9. Alabama (9) 10. Florida/Ohio (NR) < 25 25 to 50 50 to 70 70 to 100 and up No data

2017 – 2018 % Change 5. 0 9. 1 7. 4 -8. 8 9.

2017 – 2018 % Change 5. 0 9. 1 7. 4 -8. 8 9. 4 -8. 1 -8. 0 2. 7 4. 8 5. 6 9. 1 -10. 9 -4. 7 -8. 3 1. 8 -6. 0 -4. 5 4. 4 0. 6 2. 4 -8. 9 4. 7 4. 5 -11. 1 + Growth 2. 3 No Growth - Growth

2017 Inspected Slaughter U. S. Total: 488, 792 head 3. Illinois 36, 383 7.

2017 Inspected Slaughter U. S. Total: 488, 792 head 3. Illinois 36, 383 7. 4% 2. Indiana 42, 860 8. 7% 9. New York 5. New England 25, 268 32, 803 5. 2% 6. 7% 6. Pennsylvania 31, 404 6. 4% 7. California 29, 815 6. 1% 2017 Kid Crop 1, 637, 000 2017 Slaughter % 29. 9% 1. New Jersey 120, 740 24. 6% 4. DE/MD 35, 080 7. 2% 8. North Carolina 25, 559 5. 2% 10. Florida 24, 149 4. 9%

Disappearance 2017 Kid Crop 10% Death Loss 20% Replacement 2017 Slaughter Difference 1, 637,

Disappearance 2017 Kid Crop 10% Death Loss 20% Replacement 2017 Slaughter Difference 1, 637, 000 163, 700 327, 400 488, 792 657, 108

Goat Imports 25000 18. 1% 20000 15000 10000 Jan – July 2018 5000 0

Goat Imports 25000 18. 1% 20000 15000 10000 Jan – July 2018 5000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 Austraila New Zealand 2010 2011 Mexico 2012 2013 2014 2015 2016 2017 2018

Goat Annual Price San Angelo, TX Yearly Average 300, 00 250, 00 200, 00

Goat Annual Price San Angelo, TX Yearly Average 300, 00 250, 00 200, 00 150, 00 100, 00 50, 00 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

San Angelo, TX 40 -60 Lbs Kids Prices San Angelo, TX 320, 00 310,

San Angelo, TX 40 -60 Lbs Kids Prices San Angelo, TX 320, 00 310, 00 300, 00 $275. 76 290, 00 280, 00 270, 00 $/cwt 260, 00 $285. 60 250, 00 240, 00 $234. 81 230, 00 220, 00 210, 00 200, 00 190, 00 180, 00 170, 00 Jan Feb Mar Apr May Jun Five Year Average (12 -16) Jul 2017 Aug 2018 Sep Oct Nov Dec

San Angelo, TX 60 -80 Lbs Kids Prices San Angelo, TX 310, 00 300,

San Angelo, TX 60 -80 Lbs Kids Prices San Angelo, TX 310, 00 300, 00 290, 00 280, 00 270, 00 $262. 55 260, 00 $/cwt 250, 00 $282. 36 240, 00 230, 00 220, 00 $222. 71 210, 00 200, 00 190, 00 180, 00 170, 00 Jan Feb Mar Apr May Jun Five Year Average (12 -16) Jul 2017 Aug 2018 Sep Oct Nov Dec

SHEEP

SHEEP

TOTAL SHEEP & LAMB POPULATION January 1, U. S. , Annual Mil. Head 12

TOTAL SHEEP & LAMB POPULATION January 1, U. S. , Annual Mil. Head 12 11 10 9 8 7 6 -0. 4% 5 4 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018

SHEEP AND LAMB NUMBERS JANUARY 1, 2018 (1000 Head) 45 225 70 130 165

SHEEP AND LAMB NUMBERS JANUARY 1, 2018 (1000 Head) 45 225 70 130 165 43 230 345 75 260 80 570 275 96 165 80 61 85 119 55 445 67 53 35 90 50 46 125 Data Source: USDA-NASS 25 54 96 750 Livestock Marketing Information Center 75 0 to 46 46 to 80 80 to 165 to 751 No data

% CHANGE SHEEP AND LAMB INVENTORY JANUARY 1, 2017 TO JANUARY 1, 2018 -6.

% CHANGE SHEEP AND LAMB INVENTORY JANUARY 1, 2017 TO JANUARY 1, 2018 -6. 3 -2. 2 6. 1 0. 0 -2. 9 0. 0 -8. 0 -4. 2 -1. 3 4. 0 -5. 9 -5. 0 0. 0 3. 2 -5. 7 -3. 6 -3. 2 0. 0 6. 3 -1. 5 2. 9 0. 0 Data Source: USDA-NASS -16. 7 12. 5 -1. 0 5. 6 Livestock Marketing Information Center -6. 3 4. 2 0. 0 -3. 8 1. 7 1. 9 -16. 7 to -3. 2 to 0. 0 to 2. 9 to 13. 5 No data

COMMERCIAL SHEEP & LAMB SLAUGHTER Monthly Thou. Head 230 210 190 170 150 JAN

COMMERCIAL SHEEP & LAMB SLAUGHTER Monthly Thou. Head 230 210 190 170 150 JAN FEB Data Source: USDA-NASS Livestock Marketing Information Center MAR APR MAY Avg. 2012 -16 JUN 2017 JUL 2018 AUG SEP OCT NOV DEC

MATURE SHEEP SLAUGHTER Federally Inspected, Monthly Thou. Head 15 14 13 12 11 10

MATURE SHEEP SLAUGHTER Federally Inspected, Monthly Thou. Head 15 14 13 12 11 10 9 8 7 6 5 JAN FEB Data Source: USDA-NASS Livestock Marketing Information Center MAR APR MAY Avg. 2012 -16 JUN 2017 JUL AUG 2018 SEP OCT NOV DEC

US LAMB IMPORTS Carcass Weight, Monthly Mil. Pounds 26 24 22 20 18 16

US LAMB IMPORTS Carcass Weight, Monthly Mil. Pounds 26 24 22 20 18 16 14 12 10 8 JAN FEB Data Source: USDA-ERS & USDA-FAS Livestock Marketing Information Center MAR APR MAY Avg. 2012 -16 JUN 2017 JUL 2018 AUG SEP OCT NOV DEC

LAMB AND MUTTON IN COLD STORAGE Frozen, End of the Month Mil. Pounds 42

LAMB AND MUTTON IN COLD STORAGE Frozen, End of the Month Mil. Pounds 42 38 34 30 26 22 18 JAN Data Source: USDA-NASS Livestock Marketing Information Center MAR MAY Avg. 2012 -16 JUL 2017 2018 SEP NOV

FEEDER LAMB PRICES 3 -Market Average; CO, TX & SD; Weekly $ Per Cwt.

FEEDER LAMB PRICES 3 -Market Average; CO, TX & SD; Weekly $ Per Cwt. 280 260 240 220 200 180 160 140 120 JAN Data Source: USDA-AMS, Compiled by LMIC Livestock Marketing Information Center APR JUL Avg. 2012 -16 2017 OCT 2018

SLAUGHTER LAMB PRICES National Direct, Hot Carcass, Weekly 360 340 320 300 280 260

SLAUGHTER LAMB PRICES National Direct, Hot Carcass, Weekly 360 340 320 300 280 260 240 JAN APR Data Source: USDA-AMS, Compiled by LMIC Livestock Marketing Information Center JUL Avg. 2012 -16 2017 OCT 2018

Prices 2017 - 2019 2017 2018 I II IV 2019 I II IV 3

Prices 2017 - 2019 2017 2018 I II IV 2019 I II IV 3 Mkt 60 Natl. 90 Feeder Direct Sltr Lambs 192. 71 300. 21 214. 43 262. 46 194. 77 276. 30 143 -145 280 -281 153 -157 272 -278 185 -192 258 -262 184 -190 262 -268 155 -160 269 -275 160 -170 270 -277

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