Meat Goat Market Outlook

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Presentation transcript:

Meat Goat Market Outlook JJ Jones, Area Agricultural Economics Specialist

Total Goat Population - 0.76 % Data Source: USDA-NASS Livestock Marketing Information Center

Total Angora Goat Population - 6.58 % Data Source: USDA-NASS Livestock Marketing Information Center

Total Dairy Goat Population + 1.87% Data Source: USDA-NASS Livestock Marketing Information Center

Total Meat Goat Population -0.8% Data Source: USDA-NASS Livestock Marketing Information Center

2018 Meat Goat Inventory Thousand Head 21 24 29 15.5 35 38 44 19 36 23 Ranking Texas (1) Tennessee (2) Oklahoma (3) California (4) Missouri (5) Georgia (6) Kentucky (7) North Carolina (8) Alabama (9) Florida/Ohio (NR) 15.5 35 38 44 19 36 23 80 21.5 41 41 71.5 57 47 104 27 82 33 33.5 19 47 70 795 16 Other States 182 US Total 2.12 million < 25 25 to 50 50 to 70 70 to 100 100 and up No data 44

2017 – 2018 % Change 5.0 9.1 7.4 -8.8 9.4 2.7 5.6 9.1 4.8 -8.0 2.4 -8.1 -10.9 -8.9 -4.7 1.8 -6.0 -4.5 -10.9 -8.3 4.7 4.4 4.5 0.6 -11.1 + Growth No Growth - Growth 2.3

2017 Inspected Slaughter U.S. Total: 488,792 head 2. Indiana 42,860 8.7% 9. New York 25,268 5.2% 5. New England 32,803 6.7% 3. Illinois 36,383 7.4% 6. Pennsylvania 31,404 6.4% 1.New Jersey 120,740 24.6% 4. DE/MD 35,080 7.2% 7. California 29,815 6.1% 8. North Carolina 25,559 5.2% 2017 Kid Crop 1,637,000 2017 Slaughter % 29.9% 10. Florida 24,149 4.9%

Disappearance 2017 Kid Crop 1,637,000 10% Death Loss 163,700 20% Replacement 327,400 2017 Slaughter 488,792 Difference 657,108

Goat Imports

San Angelo, TX $275.76 $234.81

San Angelo, TX $262.55

San Angelo, TX vs. Perry, OK $249.54

San Angelo, TX vs. Perry, OK $278.04

San Angelo, TX vs. Perry, OK

San Angelo, TX vs. Perry, OK $293.23 $257.54