See the latest Livestock, Dairy, and Poultry Outlook report.
Report Summary
Updated lamb production, trade, and price forecasts are available in the supporting tables of each Livestock, Dairy, and Poultry Outlook report. The latest written update on the Lamb and Sheep market outlook is provided in the August 2026 report.
Lamb/Sheep: Lamb production in the first half of the year is down 10 percent from the same period last year. The 2026 and 2027 lamb production forecasts are lowered slightly. Lamb and mutton trade forecasts and price forecasts are unchanged from last month.