1、2022 Sheep Industry ReviewPrepared by the American Sheep Industry AssociationFebruary 2023Executive Summary Consumers were faced with much higher prices for lamb and everything else in 2022.Elevated price levels in 2022,made it difficult for lamb to compete with other proteins.Price inflation led to
2、 a decline in consumers real incomes.High production costs made it more costly to get lamb to the consumer.Lower lamb prices combined with higher input costs and feed prices meant profit margins were pressured in 2022.Lamb imports were larger in 2022,in response to elevated retail lamb prices.2022 A
3、merican Lamb Board Report2Executive Summary Feeder and slaughter lamb prices were 14 20%lower in 2022,driven by large declines in the second half of 2022.Wholesale lamb prices adjusted downward in response to weaker consumer demand.Commercial slaughter was down 9%in 2022,but lamb production was only
4、 5.4%smaller due to heavier lamb weights.Total lamb and mutton imports declined 1.6%in 2022,as lamb imports at 5%larger were offset by a significantly smaller mutton imports.In 2022,per capita lamb consumption at the retail level was 1.28 pounds per person.2022 American Lamb Board Report3Inventory20
5、22 American Lamb Board Report4January 1 Inventory Trends As of January 1st,sheep&inventory totaled 5.02 million head,down 0.9%from 2022.Breeding sheep inventory at 3.665 million head,an annual decline of 1.2%.Market lambs up 3,000 head to 1.28 million head.The 2022 lamb crop at 3.11 million head,dow
6、n 1.6%due to lower number of ewes.Lambing percentage was steady at 106.9%for 2022.Most southwestern states reported declines in the breeding flock,while some states in the middle of the country posted increases.Inventory report confirms lamb supplies remain on a general decline.2022 American Lamb Bo