There are lots of livestock businesses to consider. You have
goat farming, cattle rearing and ram farming. Others are chicken, turkey,
guinea fowl and pigeon.
Farming is very lucrative, moderately challenging and requires
serious investment in money and time. Agricultural products are always in
demand and you will get a fair deal for your efforts. Here are 10 Lucrative
Livestock Farming Ventures.
Rabbit farming is very profitable because the animals
breed rapidly. They attract good prices and are veracious eaters. Once they are
properly houses, regular feeding and cleaning of pen they grow fast. There are
different types of rabbit so make sure the breed is popular in your locality.
2. Guinea
Pig Farming
Guinea pigs are also good at breeding in the right
conditions. They need proper care, medication and feeding. Guinea pig farming
is not that common however the business is moderately lucrative.
3. Guinea
Fowl Farming
Not everyone likes guinea fowl meat and most prefer
chicken. However the fowl is considered a delicacy in some countries. The birds
are fragile and could easily die if not properly managed.
4. Pig
Farming
Pigs are one of the most profitable livestock businesses
on the planet. The pork is highly priced and the meat has lots of food
applications.
Another advantage includes rapid weight gain, rapid
breeding and huge number of young produced by the female. Pigs are highly
priced and attracts premium price in the market.
5. Goat
Farming
Goats are rugged, tough and agile animals. They need lots
of room to wander and forage. They are top on the list during religious
occasions and festivities.
In a country like Nigeria the meat is the primary
ingredient in goat meat pepper soup. This delicacy is served in many bars,
drinking joints and restaurants.
6. Cattle
Farming
Cattle are on the upper end of the livestock trade. Single
cattle could sell from $400-$1000. The growth and reproduction rate is low and
a female usually have only one calf.
7. Sheep
Farming
Sheep farming is very lucrative business especially in
Muslim dominated areas. The meat is used during religious festivities and
highly priced. The animals are rugged, eat moderately and are delicious to eat.
8. Catfish
Farming
Catfish farming experienced an explosion in Nigeria in
2010. The fish are rugged, easy to farm and are properly priced. To grow the
fish you need adequate water, electricity for pumping machine and adequate
food.
9. Turkey
Farming
Turkeys are rugged birds with an attitude. They grow fast
and are a delicacy in most households. The birds attract premium price and is
delicious. However the reproduction rate is slow if you use free range format.
10. Chicken
Farming
Poultry farming is the number one livestock farming in
most countries. The birds are farmed for meat or eggs. They grow rapidly and
are a staple in most homes.
To start a chicken farm you need cages, adequate food and
water. To avoid losses use the services of a vet to administer the appropriate
vaccinations and drugs.
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