Sheep Inventory Declines While Goat Numbers Edge Higher

Shrinking sheep numbers contrast with gradual goat expansion, signaling tighter lamb supplies but steadier growth potential for meat goats.

IMG_9420 copy.jpg

FarmHER, Inc.

WASHINGTON, D.C. (RFD NEWS) — U.S. sheep inventories continued to contract at the start of 2026, while goat numbers posted modest growth, reflecting diverging trends across small-ruminant sectors. USDA’s January 1 Sheep and Goats report (PDF Version) shows a gradual tightening in sheep supplies alongside steadier expansion in meat-goat production.

All sheep and lambs totaled 4.99 million head on January 1, down 1 percent from a year earlier. Breeding sheep inventories fell 1 percent to 3.61 million head, with ewes one year old and older declining to 2.85 million head. Market sheep and lambs rose 1 percent to 1.38 million head, driven primarily by market lambs, which accounted for 94 percent of the total.

Production indicators point to limited expansion. The 2025 lamb crop slipped slightly to 3.03 million head, and the lambing rate declined to 105 lambs per 100 ewes. Wool production fell 5 percent to 20.5 million pounds, while average wool prices dropped to $1.40 per pound, reducing total wool value year over year.

Goat inventories moved in the opposite direction. All goats and kids increased 1 percent to 2.51 million head, supported by a 1 percent gain in breeding goats and a 1 percent increase in the 2025 kid crop. Meat and other goats rose 2 percent, offsetting declines in milk goats and angora goats.

Mohair production totaled 430,000 pounds in 2025, with prices averaging $6.40 per pound.

Farm-Level Takeaway: Shrinking sheep numbers contrast with gradual goat expansion, signaling tighter lamb supplies but steadier growth potential for meat goats.
Tony St. James, RFD NEWS Markets Specialist
Related Stories
Kate Johnson didn’t set out to become an expert on all things cheese—but today, this FarmHER is the owner/founder of The Art of Cheese School where she teaches chefs at every level.
Pam Lunn of Tampa, Florida, took an unexpected journey to a life in agriculture

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Corn and wheat exports remain supportive, but weaker soybean demand — especially from China — continues to pressure oilseed markets.
China’s pullback is hitting core U.S. commodities hard, reshaping export expectations for soybeans, cotton, grains, and livestock.
Slower grain movement may pressure basis, but falling diesel prices could help offset transportation costs.
Regional differences indicate that family ownership is universal, but farm structure and commodity mix determine the extent to which these operations drive agricultural output.
A new study found that retaining the EPA’s half-RIN credit protects soybean demand, farm income, and crushing-sector strength while preserving biofuel market flexibility.
Rising federal debt is increasing pressure on Washington to limit spending, which could tighten future funding and delivery for agricultural programs.
Agriculture Shows
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.