Demand for meat goats continues to increase

Meat goat demand continues to rise, and prices are also increasing. That’s been a consistent trend for the last decade, and as the U.S. population grows and more people immigrate to the U.S. from countries that regularly consume goat meat, the higher the demand for goat meat, one Texas A&M AgriLife Extension Service expert said.

“Going back about 10 years, we can see average prices have increased from about $2 a pound to an average price now of about $3.50 a pound,” Dr. Jake Thorne, AgriLife Extension sheep and goat specialist, said.

Prices trend higher in late winter and early spring and drop in the middle of summer and early fall, Thorne said.

He noted there are indicators that consumption increases on seasonal trends, but there are no significant numbers that would help producers when marketing their product.

“The premiums that typically come with an increase in demand don’t always come to reality because of the sudden spike in supply,” he said.

Lower prices in the summer are related to the glut of 3-4-month-old goats born in the spring coupled with lower seasonal demand. But producers who raise fall-born goats can capitalize on the anticipated higher prices driven by fewer animals and increased demand in January, February and March.