Wednesday, November 18, 2015

Profit in Goat Farming Business



START UP COST for a 5 female goat farm


Item
Cost $
Construction of Pens and Milking Parlour
44,000
Milking machine (60 L)
5,796
Diary Supplies (buckets , labels, bottles etc)
10,000
Chest Freezer (to keep milk)
2500
Labour (cutting grass etc)
4,000
Feed (Master mix 18%  1 bag feed  x  5 goats x 2 wks)
Alfafa (1 bag x 5 goats x 10 days)
180/bag

180/bag
Purchase of Goat  5 @7,500
37,500.00
Miscellaneous (medication etc)
500
Total
104,476




  Profits derived after 3 years



YEAR

Produce
Item
Earnings $
Year 1
Sale of Milk (15 L/dy Milk x 5 does x 1 day)
450 L X $25
11,200 (mtly)

Sale of Goats (3 rams)
7500 X 3
22,500.
Year 2
Sale of Milk for 8 females (24 L/dy x 8 does x 1 day)
720 L X $25
18,000 (mtly)

Sale of Goats (4 rams)
7500 X 4
30,000
Year 3
Sale of Milk for 12 females (36 L/dy x 12 does x 1 day)
1080 L X $25
27,000 (mtly)

Sale of Goats (7 rams)
7500 X 7
52,500


Total
161,200

Less Start up Cost

104,476

Profits

56,724



One other form of income can involve the sale of compost for agricultural purposes



Examine the profits derived from goat farming for a three year period and consider the profits that may be derived if you started off with ten (10) does

2 comments:

  1. Lucrative investment! Why do you think more people are not investing in it though?

    ReplyDelete
  2. My view is that they are not aware of the significant profits involved in selling milk, meat etc

    ReplyDelete