Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Summary

Lamb/Sheep: Lamb prices have declined in 2022. The lamb price in the third quarter of 2022 was 34.1 percent lower than the second-quarter price. Lamb price forecasts were lowered by 30 dollars per hundredweight for the fourth quarter of 2022 and for 2023.