WELLINGTON, New Zealand (AP) — The vast number of sheep in New Zealand relative to the country’s scant human population has long been the subject of jokes aimed at New Zealanders abroad. It’s true: The country is one of a handful in the world that’s still home to more sheep than people.
But humans are catching up, according to new figures released Tuesday. With a population of 23.6 million sheep and 5.3 million people, there are about 4.5 sheep for each New Zealander, government statistics agency data showed.
That’s down from 22 sheep per person in 1982, when farming sheep for meat and wool was New Zealand’s biggest earner. Now, years of falling wool prices prompted by a global shift to synthetic fibers have led farmers to change what they do with their land, the sector’s biggest lobby group said.
By land area, New Zealand is about the size of the United Kingdom, but it has a human population 13 times smaller than the U.K. That means there’s plenty of room for sheep.
For close to 150 years, the sheep industry was the backbone of New Zealand’s economy and numbers boomed — peaking in 1982 when there were more than 70 million sheep and just 3.2 million people. Before “Lord of the Rings” brought waves of tourists to the country, images of green fields filled with placid sheep against backdrops of snow-capped mountains dominated the country’s marketing abroad.
But over years of decline for global wool prices since — and despite recent rallies — the national flock has steadily diminished. Now dairy holds the biggest share of New Zealand’s agriculture and horticulture-dominant export market.
In 2023, Stats NZ, a government agency, said New Zealand in 2022 dipped below five sheep per person for the first time. The national flock had lost a million more sheep in Tuesday’s figures, which recorded livestock numbers as of June 2024.
Toby Williams, a spokesperson for sector lobby group Federated Farmers, said sheep farmers have switched to more lucrative pursuits — dairy, or the conversion of land from farming to pine forestry in order to sell carbon offsets.
“If I’m really honest, the wool industry is almost at that tipping point, if not already there, of not having a wool industry anymore,” he said.
The government has drawn up measures intended to slow the decline, including an announcement in 2024 that they will place limits on the scale of farmland that can be converted to carbon forestry.
New government procurement guidelines launched in April urge the use of New Zealand wool products — such as carpets and insulation — in newly constructed or refurbished public buildings. But those measures are not expected to halt declining sheep numbers.
Some sheep-farming countries are recording similar trends. New Zealand’s closest neighbor Australia — the source of most of the sheep jokes about New Zealanders — is also home to more sheep than people, but the national flock is shrinking there too.
The gap is slimmer: There are about three sheep per Australian.
FILE - Farmer Ross Turner feeds his sheep hay in his snow covered paddocks on the outskirts of Christchurch, New Zealand, July 12, 2017. (AP Photo/Mark Baker, File)
FILE - Farmer Ross Turner feeds his sheep hay in his snow covered paddocks on the outskirts of Christchurch, New Zealand, July 12, 2017. (AP Photo/Mark Baker,File)
WASHINGTON (AP) — President Donald Trump is meeting with oil executives at the White House on Friday in hopes of securing $100 billion in investments to revive Venezuela’s ability to fully tap into its expansive reserves of petroleum — a plan that rides on their comfort in making commitments in a country plagued by instability, inflation and uncertainty.
Since the U.S. military raid to capture former Venezuelan leader Nicolás Maduro on Saturday, Trump has quickly pivoted to portraying the move as a newfound economic opportunity for the U.S., seizing tankers carrying Venezuelan oil, saying the U.S. is taking over the sales of 30 million to 50 million barrels of previously sanctioned Venezuelan oil and will be controlling sales worldwide indefinitely.
On Friday, U.S. forces seized their fifth tanker over the past month that has been linked to Venezuelan oil. The action reflected the determination of the U.S. to fully control the exporting, refining and production of Venezuelan petroleum, a sign of the Trump administration's plans for ongoing involvement in the sector as it seeks commitments from private companies.
It's all part of a broader push by Trump to keep gasoline prices low. At a time when many Americans are concerned about affordability, the incursion in Venezuela melds Trump’s assertive use of presidential powers with an optical spectacle meant to convince Americans that he can bring down energy prices.
The meeting, set for 2:30 p.m. EST, will be open to the news media, according to an update to the president's daily schedule. “At least 100 Billion Dollars will be invested by BIG OIL, all of whom I will be meeting with today at The White House,” Trump said Friday in a pre-dawn social media post.
Trump is set to meet with executives from 17 oil companies, according to the White House. Among the companies attending are Chevron, which still operates in Venezuela, and ExxonMobil and ConocoPhillips, which both had oil projects in the country that were lost as part of a 2007 nationalization of private businesses under Maduro’s predecessor, Hugo Chávez.
The president is meeting with a wide swath of domestic and international companies with interests ranging from construction to the commodity markets. Other companies slated to be at the meeting include Halliburton, Valero, Marathon, Shell, Singapore-based Trafigura, Italy-based Eni and Spain-based Repsol.
Large U.S. oil companies have so far largely refrained from affirming investments in Venezuela as contracts and guarantees need to be in place. Trump has suggested on social media that America would help to backstop any investments.
Venezuela’s oil production has slumped below one million barrels a day. Part of Trump's challenge to turn that around will be to convince oil companies that his administration has a stable relationship with Venezuela’s interim President Delcy Rodríguez, as well as protections for companies entering the market.
Secretary of State Marco Rubio, Energy Secretary Chris Wright and Interior Secretary Doug Burgum are slated to attend the oil executives meeting, according to the White House.
Meanwhile, the United States and Venezuelan governments said Friday they were exploring the possibility of r estoring diplomatic relations between the two countries, and that a delegation from the Trump administration arrived to the South American nation on Friday.
The small team of U.S. diplomats and diplomatic security officials traveled to Venezuela to make a preliminary assessment about the potential re-opening of the U.S. Embassy in Caracas, the State Department said in a statement.
Trump also announced on Friday he’d meet with President Gustavo Petro in early February, but called on the Colombian leader to make quick progress on stemming flow of cocaine into the U.S.
Trump, following the ouster of Maduro, had made vague threats to take similar action against Petro. Trump abruptly changed his tone Wednesday about his Colombian counterpart after a friendly phone call in which he invited Petro to visit the White House.
President Donald Trump waves as he walks off stage after speaking to House Republican lawmakers during their annual policy retreat, Tuesday, Jan. 6, 2026, in Washington. (AP Photo/Evan Vucci)
