There is no doubt that livestock is a profitable business, but it must be taken seriously. Raising livestock is a full-time job that requires dedication and a lot of investment. You have to spend money on livestock, fodder, equipment, land, labor, and animal care costs.
However, this shouldn't stop you from raising livestock as the payoff will cover all these costs and bring you a profit. You can also click to read more about livestock farming.
Almost any breed of livestock can be profitable if done right. However, in this article, we will discuss raising chickens, goats, and cows to get started.
Goat meat is eaten by nearly 70% of the world's population. Goat meat is also in demand in the US, which mainly imports meat. This means that local breeders have space to raise goats for meat and meet their needs.
Not only can you breed goats for meat, but goat milk is also in great demand. The reason is that it contains more protein than cow's milk and is used to make many products such as candy, yogurt, and soap. The fur can also be sold to make towels and bags.
Chickens are undoubtedly one of the easiest animals to breed, which is why many people keep them. Organic chicken and eggs are in great demand in the market. Chicken products can easily be sold in local shops and sold to friends or neighbors.
The good thing about raising chickens is that you don't need a lot of space to raise them, and they also eat less than other animals. Just make a simple chicken coop for them to sleep and lay eggs. And don't forget to give them food and water every day.