The sheep market is influenced by various factors, including market demand, economic conditions, weather patterns, and government policies, which can impact production levels. Sheep production can fluctuate from year to year and can vary by region and country.
To get the most up-to-date information on the current status of sheep production, it is recommended to refer to reliable sources of sheep market news, such as government reports, industry publications, and market analysis reports. These sources typically provide the latest information on trends, challenges, and opportunities in the sheep industry, including production levels, market conditions, and other relevant factors.
Despite lamb prices coming under pressure due to inflation and a decline in sheep production having been estimated for 2023 since last year, the industry as a whole is still standing strong. After the first few months of the year, the sheep industry has proven to have a robust start for this year, with mutton slaughter expected to remain high and mutton supply being increased by more than 70% in some areas.
These changes spell good news for anyone aiming to start or grow their business by buying sheep or investing in larger sheep industry practices. Doing so at this time will allow you to profit from a growing market and may lead to a successful long term business
