The economic impact of the Wool Act funding phaseout will be felt by the entire U.S. sheep industry. In operations where wool has been a primary source of income in the sheep enterprise sharply higher wool prices and increased return from lamb production may be necessary just to maintain gross income. Many suggestions have been offered as means to improve the economic picture in the absence of a wool incentive program, yet shifting toward more lamb production is the most common response. However to develop a flock plan for the future producers must first look at the current management system. To be competitive in the future we must access where the management system is today to determine the course of action to remain competitive and profitable in the future.
Often a major advantage cited for sheep production is that it gives producers two crops, lamb and wool. Producers should set goals to maximize the net return on both commodities. Better informed management decisions based on objective measures of wool quality, animal growth, ewe productivity, and others could give producers control over production practices which lead to improved flock return.
Number of Pages
South Dakota State University
Copyright © 1995 South Dakota State University
Held, Jeff, "Sheep Production Without the Wool Act" (1995). South Dakota Sheep Field Day Proceedings and Research Reports, 1995. 9.