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
Lucrative investment! Why do you think more people are not investing in it though?
ReplyDeleteMy view is that they are not aware of the significant profits involved in selling milk, meat etc
ReplyDelete