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FRANKLY SPEAKING


Goat Industry Update 2020, Part 2: Covid-19 having impact on demand


Dr. Ken McMillin contributed to this report


The March 2020 issue of Goat Rancher carried Part 1 of our annual Goat Industry Update. For reader convenience, we repro- duce Figure 1 from that Update herein be- cause it best describes the status of the entire U.S. goat industry and the latest goat meat import and U.S. federal goat slaughter, as of Dec. 31, 2019.


As shown in Figure 1, the domestic slaughter (head) and goat meat imports (as 34 lb goat carcass equivalents) were all in- creased from 2018 values. The pounds of goat meat imported from Australia, primarily as frozen carcasses and primal cuts, re- bounded in CY 2019 (Figure 2), but did not reach the levels of imports that came to the U.S. from 2014 to 2017. See Figure 3 for comparison of import numbers and prices since 1996. Dockside prices (declared cus-


Table 1. Ports of entry for imported goat meat in pounds from Australia, New Zealand and Mexico.


tom value) also increased compared with pre- vious years as the droughts in Australia in 2018 decreased the supply while the ethnic consumer demand for goat meat appeared to continue. The influence of 2019 wildfires in the Australia goat production areas on feral goat numbers is not yet known as no census


has yet quantified the loss. We also speculate that the dockside prices of imported goat meat in CY 2020 will remain stable. We are told by players in the NY/PA/NJ goat markets that U.S. consumer prices did not closely reflect dockside prices in 1919; such may well be the case in 2020.


BY DR. FRANK PINKERTON


14


Goat Rancher | August 2020


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