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
Rebuilding domestic textiles depends on automation and vertical integration, not tariffs or legacy manufacturing models.
Strong supplies and rising stocks point to continued price pressure unless demand accelerates.
Low prices are painful now, but production response could support stronger milk markets later in 2026.
The USDA’s February WASDE report looms as the CME Ag Economy Barometer shows declining farmer confidence, and more ag industry groups calling for swift policy action.
Policies aimed at ground beef prices may primarily reshape dairy incentives rather than deliver lasting consumer savings.
Regulatory uncertainty could slow the growth of fiber and grain hemp unless implementation is delayed.

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:

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.
Higher machinery costs are raising per-acre production expenses.
As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.
Lower costs improve competitiveness, but demand remains uncertain.
Policy clarity will determine the trajectory of soybean crush demand, but producers in Kansas have shown that expanding local crush capacity strengthens basis and marketing options.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.