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🔺5 profit points in sheep and goat farming business
1. Sale of live animals: The primary source of income in sheep and goat farming is the sale of live animals to processors, wholesalers, or retailers.
Read also: 7 critical areas in sheep and goat farmingÂ
2. Sale of meat: Sheep and goats can be slaughtered and sold as meat (lamb, mutton, goat meat), providing a higher profit margin due to added value.
3. Sale of dairy products: Sheep and goats can be used for dairy production, and selling dairy products like milk, cheese, yogurt, and butter can increase profit margins.
Learn More4. Sale of wool and hair: Sheep and goats can be raised for their wool and hair, which can be sold to textile manufacturers or used to make value-added products like hats, scarves, and rugs.
5. Sale of breeding stock: Established sheep and goat farms can sell breeding stock to new or expanding farms, generating additional revenue and solidifying their reputation in the industry.
Read also: 10 things to remember when trying to make a success of your sheep and goat farming businessÂ
Additionally, sheep and goat farmers can also profit from:
– Sale of hides and skins
– Sale of manure as organic fertilizer
– Sale of fat and oil for biofuel or industrial use
– Sale of bones and meat for pet food or animal feed
– Agri-tourism and farm visits
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