6 Tips to maximize profits in Goat Farming
Raising goats either for commercial or domestic purpose is not a new thing neither is it a new business idea but there are a couple of things you can learn like learning how to maximize profits in the goat farming business.
Among ruminant livestock, goat farming is one of the livestock that is comparatively more profitable than other types of livestock animals.
Goats are suitable for commercial milk, meat and mohair (fiber) production which is of global demand and value. Goat meat is very tasty, healthy, nutritious, easily digestible and has a huge demand and value in the local and international market while the milk is enriched with essential nutrients and less on it’s lactose count.
More than 60% of the red meat that is consumed throughout the world is the goat meat.
Thinking about starting a goat farming business ? Here are some tips to consider to maximize profit.
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Choose the Right Breed
Choosing quality breeds for your production is very important. It’s always important to buy your breeds from a reputable farm or from livestock247.com so that you can be sure that they’re free from any form of diseases.
There are also questions you would have to answer like :-
- Can your desired goats survive and grow well in your area?
- Are the breeds suitable for commercial production?
- How many am I looking to buy?
- Do I have enough space to take care of them?
Consider all these questions before deciding on when to start your goats farming business.
Read also: Tips to be a successful goat farmer
Feeding your goat adequate nutritious feed is the key to making your goats profitable and ready for the market. Your feeds can either be formulated or purchased from a reputable feed mill. The feed can also be supplemented with pastures such as elephant grass to help the animal to achieve a balance diet .
A good source of clean and fresh water should also be added to their daily demand.
Providing suitable housing is very important as this helps to protect the goats from harsh weather conditions and predators. Although the required spacing required vary depending on the production system and land space available, an adult goat will require about 1.5 square meter of housing space.
There are some equipment needed when it comes to the rearing of goats for commercial purposes such as water troughs, feed troughs, pasture clippers, sorting pans, holding pens, shearing equipment etc. This equipment’s will be very helpful for proper care and maintenance of your goats to reach maximum production.
Care & Management
Always be very careful about the health condition of your goats. Healthy goats ensure better production and more profits.
Good housing, quality feeding, proper care, timely vaccination etc. are very important for the goats. Goat’s care also include buck care, kid care, weaning, parasite control, foot trimming, regular grooming etc.
Read also: 4 things farmers get wrong in goat farming
Marketing is the most important part for making maximum profits from goat farming business. All of your efforts will go to waste if you haven’t made the proper arrangements on how to market your goats. Apart from making use of the local market around you to sell your goats and its by-products, you can also look into exploring traditional and digital marketing channels.
In conclusion, keep in mind that just like all businesses patience is required when raising goats, don’t be like the twitter follower who was sliding into our dms looking for possible drugs to fatten and hasten the growth of his livestock.
Goats don’t start making profits after a few days of starting raising them. It takes time and worth waiting.
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