New Zealand has long been known for having more sheep than people, but that iconic ratio is slowly shrinking.
In 2024, the country had 4.5 sheep for every person. That is a far cry from the 22 sheep per person in 1982.
As wool prices fell and farming shifted to more profitable industries, New Zealand’s sheep numbers have steadily declined. Despite efforts to support the wool industry, the national flock continues to shrink, with neighboring Australia facing a similar trend.
Related Stories
manage risk as milk price volatility increases.
Strong beef demand is offsetting weaker cash cattle.
Productivity gains are supporting supply despite limited herd expansion.
Elena Chavez with Halter provided insight into the company’s virtual fencing technology, its adoption in the U.S., and the impact of recent funding on ranching operations.
Justin Tupper with the U.S. Cattlemen’s Association joins us to discuss the USDA’s voluntary labeling updates, industry priorities, and the outlook for U.S. cattle producers.
Tight red meat supplies continue supporting livestock markets.
