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Goat Farming Cost and Profit Guide

Is Goat Farming Still Viable?

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Goat farming presents a compelling opportunity, especially in the Philippines where mutton demand is surging. However, success hinges on careful planning and realistic expectations. While it's true many are finding profitability, remember that farming outcomes are influenced by numerous variables.Before diving in, a comprehensive business plan is essential. This plan should detail everything from initial investment and risk assessment to specific farm management practices. Crucially, define your focus: meat, milk, skin, or manure. Each has unique requirements.

For meat goat farming, the market is robust. You'll likely find buyers directly at your farm, simplifying sales. Dairy goat farming, however, necessitates securing reliable marketing channels for your milk.Goats offer versatility. They can be integrated with other livestock, maximizing land use. Further, goat manure provides a valuable revenue stream, either through direct sales or by enhancing your own fodder production. By converting green forage into silage, you can significantly reduce feed costs, a major driver of profitability.In essence, goat farming can be lucrative, but thorough preparation and a clear understanding of the market are paramount. Don't rely solely on others' success stories; build a solid plan tailored to your specific circumstances.Is Goat Farming Still Viable?The answer is... Yes. But how?

Goat Farming Tips

Starting a goat farm requires careful planning. To ensure success, beginners should develop a comprehensive business plan outlining all necessary steps from initial setup to ongoing operations. Here's a concise overview of essential goat farming tips for those starting out:

1. Define Your Budget - Establish a realistic budget to guide your farm's scale and operations.
2. Start Small, Scale Up - Begin with a manageable number of goats and gradually increase your herd as you gain experience.
3. Select a Suitable Breed - Research and choose goat breeds that thrive in your local climate and meet your production goals (meat or dairy).
4. Purchase Healthy Stock - Buy goats from reputable, certified breeders to ensure quality and minimize health risks.
5. Veterinary Checkup - Have a veterinarian examine new goats for health and age verification.
6. Prepare Proper Housing - Construct a secure and well-ventilated goat shed before acquiring your animals.
7. Establish Feeding Infrastructure - Set up appropriate feeders and waterers, especially for stall-feeding operations.
8. Secure Your Perimeter - Install sturdy fencing around the goat shed to prevent escapes and protect against predators.
9. Ensure Clean Water and Hygiene - Provide constant access to clean water and maintain a hygienic environment within the shed.
10. Implement a Health Management Plan - Establish a vaccination schedule and regularly monitor goats for signs of illness, isolating sick animals promptly.It's too simple, isn't it? Let's get deeper.

Goat Farming: The Strategy

Disclaimer and Expectations:• This cost and profit calculator is for meat goat farming only
• In this, we assume that you own the land and insurance is not covered
• All required water facilities including bore any other tanks are assumed
• All the prices quoted are in Philippine Peso
• Goat farming cost and profit may vary from breed to breed and region to region
• Goat farming profit and cost calculator is for any breed of goat and we take an average market buy and sell price
• Assume it is semi intensive where goats stay in shed for some time and roam outside as well

Goat Farming: The Numbers

Understanding Goat Market Prices in the Philippines:
With regular goats, a standard 8-month-old goat, weighing around 16 kg, might sell for approximately PHP 3,200.However, with quality goats, the ones with superior genetics, reaching 30 kg, can fetch higher prices, around PHP 6,000 or more. Prices can vary based on location and breed.

Estimated Costs for a Small-Scale Goat Farm (Example):1. Cost of Goats:
• Let's say you plan to buy:
o 60 female goats (does/nannies), averaging 25 kg each.
o 5 male goats (bucks/billies), averaging 35 kg each.
• Total goat weight: (60 x 25) + (5 x 35) = 1,500 kg + 175kg = 1,675 kg
• Average price per kg (live weight): PHP 250 (This can vary)
• Total cost of goats: 1,675 kg x PHP 250/kg = PHP 418,750

2. Feed/Fodder Costs (for 4 Months):
• Kids:
o Assume 90 kids are born.
o Target weight: 16 kg in 4 months.
o Feed needed per kg gained: 3 kg.
o Total feed for kids: 3 kg/kg x 90 kids x 16 kg = 4,320 kg.
o Feed cost per kg: PHP 20.
o Total feed cost for kids: 4,320 kg x PHP 20/kg = PHP 86,400.
o Feed Transport cost: PHP 3,600
o Total Kids Feed cost: PHP 90,000
• Adults:
o 65 adult goats.
o Feed per adult per day: 0.2 kg.
o Total adult feed per day: 65 x 0.2 = 13kg
o Total adult feed for 180 days: 13kg x 180 days = 2,340 kg
o Adult feed cost: 2,340kg x PHP 20/kg = PHP 46,800
• Total Feed Cost: 90,000 + 46,800 = PHP 136,800

3. Other Costs:
• Goat shed (1,600 sq ft x PHP 100/sq ft): PHP 160,000.
• Vaccinations & medical: PHP 5,000.
• Labor (6 months x PHP 6,000/month): PHP 36,000.
• Fodder planting (1 acre): PHP 15,000.
• Total other costs: PHP 216,000

Estimated Returns for the 1st Batch (4 Months):
• 90 kids reach 16 kg each: 1,440 kg total.
• Average selling price: PHP 200/kg (live weight).
• Gross income: 1,440 kg x PHP 200/kg = PHP 288,000.
• Total running cost: 136,800 + 216,000 = 288,000
• Total cost including the animals: 352,800+ 418,750 = 771,550.
• Profit after 4 months (if all goats are sold): 288,000 - 352,800 = a loss of 64,800.But now, you have a Goat shed which will minus 160,000 Php on the next batch.
Gestation length in goats is 145–155 days (average 150 days)Estimated Returns for the 2nd Batch:
• 90 kids reach 16 kg each: 1,440 kg total.
• Average selling price: PHP 200/kg (live weight).
• Gross income: 1,440 kg x PHP 200/kg = PHP 288,000.
• Total running cost: 136,800 + 216,000 - 160,000 = 56,000
• Total cost including the animals: 352,800+ 418,750 = 771,550.
• Profit after 4 months (if all goats are sold): 288,000 - 56,000 = a profit of 232,000In a year, you can make an average of 232,000 Php.

Summary

To profit from goat farming, begin by investing in essential infrastructure like a goat shed, and cover initial expenses for vaccinations, medical care, labor, and fodder planting. Once your goats reproduce, nurture the offspring until they reach a marketable weight of 16 kilograms, then sell them. After a 150-day gestation period, the cycle repeats, allowing for continuous income generation over a potential 16-year period, with the profit being the difference between sales revenue and initial investments.Tip: You can use the profit to invest in buying more goats.

• Goats and its Nutrition
• Goat Anatomy & Psychology
• Goat Breeding
• Goat Science & Production
• Raising Organic Goat
• Wikipedia

What if it doesn't work?

It happens — and we often think of it as a learning curve. And I'm with you if you think that it's too expensive, time consuming, and painful to fail.That's where Agusanon Agriculture Cooperative (AAC) comes to the field, we have a network of Goat Farming Specialist nationwide to help you through your agribusiness journey. If you're ready, you can book a call by clicking the button below.

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6 Major Reasons Why Agarwood is so Expensive

In a world saturated with fleeting trends, a timeless treasure quietly commands staggering prices: Agarwood. Often referred to as "oud" or "aloe wood," this dark, aromatic resin is not merely a commodity; it's a testament to nature's artistry and a beacon of untapped investment potential.Agarwood's story begins with the Aquilaria tree, a species that, when faced with a specific mold infection, initiates a remarkable defense mechanism. It produces a dense, fragrant resin, a liquid gold that solidifies into the coveted agarwood. This resin, imbued with complex and captivating scents, is the cornerstone of a multi-billion dollar market.The exorbitant price of agarwood, often reaching thousands of dollars per kilogram, is not a mere market anomaly. It's a reflection of a confluence of powerful economic and cultural forces.There are 6 major reason why Agarwood is so expensive. Number 1...

Conclusion

Agarwood is naturally expensive because it is in-demand and always will be. Knowing that it also presents a compelling investment opportunity, offering a unique blend of high returns, cultural significance, and potential for sustainable growth. Investors can capitalize on the expanding agarwood market while contributing to the conservation of this precious resource.

Our cooperative is working on an Agarwood Plantation

We want to generate wealth for as many Filipinos as possible; this is the vision that we share in our cooperative. If you share the same dream as ours, you'll want to read the rest of this article.We are currently pioneering an integrated agroforestry farm resort, showcasing a dedicated one-hectare plantation of authentic high quality Aquilaria trees. 9 Species of Aquilaria trees are native to the Philippines making it easier for us to grow compared to other nations. This tree is used for incense and perfumes in the west and middle east Asia.Would you believe that a hectare can produce ₱40,000,000 after 5 years? It's true. And if Agarwood is rejected, it can still be sold at ₱24,000 per kilo. It's hard to accept at first because it's too good to be true, until it actually happens.But who's gonna buy it? Good question! Our network demands 100-1000 kilograms every month, even with all the cooperative members combined couldn't fill in this gap, and this is why we encourage as many investors as possible.

3 Difficulties that you can solve with us

In every agribusiness journey, there are always difficulties that's needed to be surpassed; and here are three that you can expect to encounter if you start Agarwood business by yourself.1) Cost
Authentic seedling cost around ₱400 and the harvesting labor is around ₱200,000 per kilogram.2) Lack of Reliable Information
There are scams out there offering fake seedlings for the cheapest price you can imagine. Most are real seedlings but in poor condition.3) Legalities
These permits are complicated. But we can help you understand them with depth during our seminars.But, if you are a member of our cooperative, you won't have to worry about these three difficulties because we offer seedlings at an affordable value; we trained a team of harvesters that can do the labor for a discounted price; plus, we are already permitted to grow and sell.So, all you have to do is learn the procedure with us, and entrust your future to agriculture!Does this sound interesting to you? Click the button below to reach out with us and start manoeuvring your future to a brighter tomorrow.

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