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Goat Farming Cost.
Goat Farming Cost.

Goat Farming Cost and Profit Guide

Goat Farming Cost and Profit:

Introduction to Goat Farming Cost and Profit:-  Well, in any farming, cost and profit depends on many factors and if somebody gets profits in one kind of business, it does not mean that you can get as well. Goat farming is one of the fastest growing business in India as demand of for goat meat (mutton) is increasing. Most of the people are showing interest to raise the goats or start a commercial goat farming. First and foremost, you should be aware of initial investment and risks and other farm management practices before starting a goat farm. As a beginner you may not have an idea about cost and profit in goat farming. You must prepare a proper goat farming business plan where you can have all the information from buying animals to marketing. As goats are multi-purpose animals, you must have a clear idea of what you are will be doing with goat farming. For example, goats can be raised for meat, milk (dairy), skin and manure. If you are planning for dairy goat farming, you have to ensure for marketing channel. However, in case of meat goat farming, no need to look back for marketing. There are hundreds of people who can buy your goats at farm gate. The advantage of goats is they can be raised along with other livestock. Goat manure can be sold to other farmers to make some additional income or used in your own field to fore green fodder. You can make silage from this green forage and feed your goats. This can drastically reduce feed cost and results in good profit.

Pregnant Female Goat.
Pregnant Female Goat.

Basic Goat Farming Tips for Beginners:- If you are planning to start a goat farm, you must make sure what are all needed from beginning to end and this can be put in your goat farming business plan. Some of the goat tips for beginners.

  1. Decide on your budget and accordingly plan your farm
  2. Initially you can start with couple of goats and slowly can be increased as you go
  3. Decide the breed suitable to your local regions. This can be find out by browsing other goat farms in your local area
  4. Buy goats from certified breeders. Quality and healthy goats matter in goat farming business
  5. If you buy goats in your town, get your veterinary doctor to check the health and age
  6. If you are planning for meat goat farming, some of the suitable goat breeds in India are Boer, Beetal, Matou, and Black Bengal. If you are planning for dairy goat farm, Saanen, Jamunapari, Toggenburg, Anglo Nubian, and Alpine are best milk productive goat breeds
  7. Make your shed/goat house ready before you get your first batch of goats
  8. If you are going for complete stall feeding, make all feeder and drinkers ready in the goat house
  9. Make secure fencing around the shed and provide clean water
  10. If you want to grow your own green fodder to reduce the feed cost, allocate some land to grow any cereal crops like bajra, Jowar (sorghum) any other hybrid grasses
  11. Check the animals regularly and any sick goats should be isolated until they become well
  12. Goat fattening is very important in commercial goat farming to obtain good profits, proper feed management should be practiced
  13. Pregnant goats and baby goats always require additional care, so make sure they get good attention
  14. Timely required vaccinations should be carried out from seasonal and unexpected disease outbreaks
  15. Research market for better meat price when they are ready for local markets
  16. Goat farmers should keep hygienic conditions in and around the goat house by keeping cleaning and dry

Goat Farming Cost and Profit – Assumptions:-

  • This cost and profit calculator is for meat goat farming only
  • In this, we assume that you own the land and insurance is not covered
  • All required water facilities including bore any other tanks are assumed
  • All the prices quoted are in Indian Rupees
  • Goat farming cost and profit may vary from breed to breed and region to region
  • Goat farming profit and cost calculator is for any breed of goat and we take an average market buy and sell price.
  • Assume it is semi intensive where goats stay in shed for some time and roam outside as well
Goat Kids.
Goat Kids.

Goat Farming Cost and Profit – Cost of Animals:- This is where you spend more money, if you are buying in bulk, you negotiate. Don’t buy in the first attempt, go for couple of places and bargain. Buy the goats closer to you farm so that transportation cost would be less. Let us say you are planning to buy the following female and male goats.

  • Total number of female goats (does or nannies) = 60
  • Total number of male goats (bucks or billies) = 5
  • Weight of each female goat = 25 kg
  • Weight of each male goat = 35 kg
  • Total weight of All goats = 1675 kg
  • Price of live goat/kg = Rs.250
  • Price of total animal cost = 250 x1675 = 4,18,750 (Four lakh eighteen thousand and seven hundred fifty)

Goat Farming Cost and Profit – Cost of Feed/Fodder:- The following is about feed consumption cost calculation.

  • Feed consume by goat kids per kg weight gain = 3 kg
  • Number of goat kids born = 90
  • Weight target of baby goats in 4 months period = 16 kg
  • Total Feed consumed for all baby goats to achieve target weight in 4 months = 3 x 90 x 16 = 4320 kg
  • Feed cost per kg = 20
  • Total feed cost = 4320 x 20 = Rs.86,400
  • Feed transport cost = Rs.3600
  • Total cost = total feed cost + transport cost = 86,400 + 3600 = 90,000
  • Feed consume by each adult goat/day = 0.2 kg
  • Total feed consume by all 65 adult goats = 65 x 0.2 = 13 kg
  • Feed consume the day in year = 180 kg
  • Total Feed consume the day in year = 2340 kg
  • Feed cost of adult goats = 2340 kg x Rs.20 = 46,800
  • Total feed cost for all goats (adults and baby goats) = 46,800 + 86,400 = Rs.1,33,200

Goat Farming Cost and Profit – Other Costs:-

  • Shed space required = 1600 square feet.
  • Average cost of Sq. feet = Rs.100
  • Total shelter cost = 1,60,000
  • Vaccination and any other medical costs = 5,000
  • Labour cost / month = 6,000
  • Labours cost for 6 months = 36,000
  • To grow 1 acre green fodder = 15,000
  • Total cost = shelter cost + vaccination cost + labour cost + green fodder growing cost = 1,60,000 + 5,000 + 36,000 + 15,000 = Rs.2,16,000

Goat Farming Cost and Profit – Returns:-

  • Number of goat kids/batch = 90
  • Each baby goat weight in 4 months = 16 kg
  • Total weight gain = 1440 kg
  • Average live goat meat cost = Rs.200/kg
  • Total returns (gross profit) = 1440 x 200 = Rs.2,88,000
  • Running cost per batch = Rs.1,89,000
  • Total Profit = 2,88,000 – 1,89,000 =Rs.98,800

Goat Farming Cost and Profit – ROI (Return on Investment):-

  • Total fixed assets = Rs.5,78,750
  • Cost profit ratio (Initial 3 years period) = 1.52
  • Total Investment = Rs.7,67,950

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Note: The above calculations for goat farming cost and profit are just for reference and actual values may differ from region to region, breed to breed and market to market.