US: Texas lamb and goat markets remain hot

Published 2021년 3월 11일

Tridge summary

Texas lamb and goat meat producers are experiencing high demand and low supplies, commanding top prices in a niche market. The market is diverse and resilient, avoiding supply chain issues and trending upward despite COVID-19 travel restrictions. Prices are driven by demand from non-traditional ethnic consumers, with goat prices mirroring lamb's trajectory. The market is limited by the number of regions with suitable conditions for sheep production in the U.S. Meanwhile, Texas is recovering from winter storm damage, with pastures and wheat crops showing signs of improvement. Soil moisture levels are adequate, and temperatures are warmer with some rainfall. Producers are planting crops and providing supplemental feed for livestock, with some hay supplies declining and prices increasing. Livestock conditions are fair to good, and livestock numbers are down at sale barns, but prices are up.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Texas lamb and goat meat producers continue to command high prices in a niche market driven by high demand and low supplies, according to a Texas A&M AgriLife Extension Service expert. Reid Redden, AgriLife Extension sheep and goat specialist and interim director of the Texas A&M AgriLife Research and Extension Center, San Angelo, said the Texas lamb and goat markets have thrived despite COVID-19 and that travel restrictions likely helped spur demand higher. “The lamb and goat markets are in another world as it relates to market conditions most Texas ag producers have been dealing with,” he said. “The market for Texas lambs and goats is diverse, resilient and growing. It avoided supply chain bottleneck issues other livestock markets dealt with, and I think the COVID restrictions kept the regular consumers home, which means more family functions to eat lamb and goat meat.” Texas producers continue to command top prices as they supply a niche market around the U.S., Redden said. ...

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