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
Lower milk prices may pressure margins, but strong cattle values could soften near-term financial impacts.
The Pet and Livestock Protection Act now moves to the Senate for consideration.
Analysts say that while low-income households are facing financial pressures, other middle- and higher-income consumers are helping fill the gap for retail beef demand.
Tim and Sharyn Abbott of the Music City Celebration Sale recap the weekend’s premier auction, which drew top dairy breeders and buyers to Nashville again this year from across North America.
The bill to once again allow schools to offer whole milk and 2% milk will now go to President Trump for approval.
Frigid winter weather and rapid temperature swings have cattle markets watching closely for livestock stress, as analysts say fluctuations pose the greatest risk.
