The impact of climate change on the economy of sheep farming

Abstract

Annotation. This article examines the impact of climate change on the economy of sheep farming, one of the most important branches of agriculture. Based on the analysis of statistical data and the use of econometric modeling methods, it has been established that an increase in the average annual temperature and an increase in the frequency of extreme weather events have a negative impact on sheep productivity, increase costs and reduce farm profitability. Special attention is paid to assessing the economic consequences of such changes, including a reduction in output and an increase in feed and veterinary care costs. The paper proposes adaptation measures aimed at mitigating these negative factors: breeding breeds resistant to high temperatures, improving the water supply infrastructure and creating reserves of the feed stock. The results of the study emphasize the importance of public policy in ensuring the sustainable development of sheep farming in the context of global environmental problems. The findings can serve as a basis for developing strategies for adapting the industry to new climatic realities, which is especially important for regions with developed sheep farming.