Why you should start goat raising? Here are the good reasons including making money without the need of a quick payday loans:
Eventhough few were seriously raising goat, the poor farmer’s livestock, is a hot item in agribusiness. Prospects are bright for the enterprising individual to cash on the great demand of goat meat and milk, locally and in abroad, especially the Muslim population. Here in the Philippines, many Filipinos are now learning how to earn good money through direct selling business selling goat’s milk.
Goat can be tapped as one of the main sources of milk and meat in the country aside from cows and carabaos. These small ruminants could potentially provide the nutritional requirements of poor people in the rural areas who could not afford to buy expensive cow’s milk. A fully developed goat industry could also reduce the country’s expenses on importation of milk and meat products. And it is easy to raise and require small capital than cattle production.
A goat when raised for milk can produce an average of one to two liters of milk daily. The best breed for milk purposes is the Anglo-Nubian.
Upgraded goat raising can be viable business venture for farm families, budding entrepreneurs and young farmers. This is one of the many agribusiness projects recommended by Senator Ramon Magsaysay to engage in for those who want to participate to the Young Farmers Program (YFP). As production of upgraded goats requires minimal initial investment and is not risky, it could be an attractive business venture among rural farm families and budding entrepreneurs.
In starting a profitable goat raising business, one has to have the following production inputs: For backyard operation, the investment includes a goat house and breeding stocks. The operational expenses include veterinary medicines, vaccines, concentrated, additional feed supplement.
For commercial or large-scale operation, the fixed investments include land, goat house, fences, pasture area, water pump, feeding trough, spade, wheel barrow and ropes. Stocks include breeding does and breeding bucks. Operating expenses include veterinary medicines, drugs, vaccines, feed supplements and goat rations, labor, repair and maintenance of goat house, fences, equipment and pasture.
If an investor is to engage in sale of breeders, investments include pure or upgraded Nubian, Toggenburg or Boer buck which costs P7,500 – P12,000/head plus native or upgraded does which cost P1,500 – P4,000/head. An investor could sell his produced upgraded breeders at P3,000 – P12,500/head.
For investors who desire to engage in the sale of goat meat, there is a need to invest in one upgrade Boer for every 25 does. Live goat for sale commands a price ranging from P120 – P180/kilo or minimum of P4,500/head.
To raise goat for commercial milk production, pure or upgraded goats of the Anglo Nubian or Saanen breed is recommended as breeder buck. Goat of this breed could produce 0.7 – 2 liters daily in 215 – 250 days of milking.
Goat raising is highly profitable. With minimal capital investment of P67,250 for 25-doe level; P174,500 for 50-doe level; or P349,000 for 100-doe level, positive net income and return on investment (ROI) are realized, even as early as the first year. The ROI for five year is 67 percent from a 25-doe level operation under semi-confinement scheme and 60 percent from 50-doe and 100-doe level operations under pure confinement system. Payback period is two years.
Though, others can go into this business on a much smaller capital. A farm with one male goat and 10 does can be started with between P30,000 – P40,000. A big part of the capital will go to buying goats. An eight month-old male mestizo breeder goat costs around P7,000. With just one male, you can have 10 females which cost P2,000 each for a total of P20,000, according to Angelina Mendoza of Lakeview Farms in Tarlac City.
Goat production requires simple facilities and level of management. However, for a goat enterprise to be viable and successful, careful planning is imperative. The success of a goat enterprise will primarily depend on the kind and type of animals used as foundation stocks. It is important to choose goat breeds and strains that are adaptable to Philippine condition.
One good thing about goat raising is that improved technologies are now available. These include proper housing, use of improved forage crops, pasture management, control of parasites and diseases, nutrition and others aspects of the business.
There is surge in demand for goats. Although total goat inventory in the country is steadily increasing at more than two percent per year and the demand for breeder stocks is on the rise, still there is not enough supply to meet the current demands because there are few Filipinos raising goat on a large scale that is why the country’s goat population is small and could hardly meet the demand of both the domestic and foreign markets like Saudi Arabia.
Persons and organization you can ask for help about goat raising:
Dr. Edwin Villar
Philippine Council for Agriculture, Forestry and Natural Resources Research and Development
Los Baños, Laguna
Telephone: (049) 536-0014 to 20
Lakeview Farms, Tarlac City
Mandaue City, Cebu
Federation of Goat and Sheep Producers
(Offers) regular training on goat farming)