This must be one of the reasons why more than 60% of the red meat that is consumed across the world is goat meat. No wonder there is a new trend (or an old trend in a new package) in the form of raising goats. The demand for goat meat is so high that farmers have started raising meat goats for profit.
Goats improve the grazing of the cattle by eating weeds that cattle do not eat. If there are no cattle, then you can always improve and rotate several better forage species into the pasture, which will ultimately increase the stocking capacity of the land.
For starters, it is best to have only a few goats so that there will not be much stress on the newly-formed business.
Prior consideration of the shelter for the goats is very important. You will want to consider building a quality barn or pen for the goats that will protect them from the winter cold. Each doe will require approximately 20 square feet of space. The space will vary as per the type of your production system and the breed of the goats.
Raising goats for profit requires basic equipment and machinery for the care and maintenance of the goats.
Sorting pens, holding pens, and chutes to control the goats are required too. There are several instruments available that are required for trimming the feet, ear tagging, and shearing the Angora goats for mohair.
There are two types of goats, namely, meat goats (slaughter goats) and dairy goats (lactating goats). There are many kinds of meat goats to choose from, like Boer, Kiko, Savannah, Spanish, and Pygmy goats. Dairy goats include Nubian, French Alpine, Saanen, LaMancha, Toggenburg, Oberhasli, etc.
Goats are a great source of milk and cheese that is low in lactose, low-fat and cholesterol-free meat, and the smooth mohair that can be very useful for clothing. Goats can also be great pets and are fun to watch, raise, and breed. However, raising goats for making money requires something more than just fun.
The primary thing is that raising goats for business purposes will be a full-time commitment. You will have to pay attention to it no matter what other obligations you have. Once you have come to the decision of raising goats to make money, the most important thing that remains is the marketing of the goats.
After a careful consideration of all the above mentioned things, there must not be any other problems in your business of raising goats to be able to sustain for the initial 3 to 4 years.