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
U.S. Agriculture Faces Mixed Weather, Market Pressures
Co-founders Jeremy and Heather Clark share how Vets to Cowboys helps U.S. veterans build new skills, find community in cattle ranching, and discover new opportunities in agriculture.
Strong consumer demand supports livestock market outlook.
Strike risk adds volatility to already tight markets.
Technology-driven lending decisions may shape the future availability of farm credit.
Strong corn demand and cotton shipments support export outlook.