What is the market value of a goat?
Market goats sell for between $2.50 and $4.00 a pound with an average price of $3.25 per pound. Processing fees (butchering, cutting, and wrapping) vary based on the butcher. The estimated processing total is $145.
What is the current value of meat goats in the US?
The average price for a tonne is US$ 2169.93 in New York and Washington. US’ import price for goat meat in 2019 was US$7.75 per kilo.
Is there a market for goat meat in the US?
The United States has an expanding market for goat meat, particularly among new immigrants, religious groups, and the rapidly expanding population of Hispanics, Latinos, and Mexicans who consume goat meat as a regular part of their diet.
What is the best time of year to sell goats?
Easter is obviously an important holiday for marketing lamb and goat. There is a usually a greater demand at Greek or Eastern Orthodox Easter as compared to Western or Roman Easter. Minor holidays (e.g. Mother’s Day, 4th of July, etc.) can also be a good time to sell sheep and goats.
Why are goat prices so high?
The price of goat meat is higher than most other meats because goats are challenging to raise (high nutritional and space needs) and the meat yield per goat is low (compared to other common meat animals). These prices are current as of Feb, 2021. What is this?
Is there a demand for goat meat?
Introduction. Growth in U.S. ethnic populations and the desire for healthy diets are driving the demand for goat meat. Goat meat is low in fat and cholesterol, is leaner than poultry and offers a source of conjugated linoleic acid. Raising meat goats is an affordable livestock enterprise.
Is goat meat in high demand?
Did you know? Approximately 60-75% of the world’s population eats goat meat. However, it comes in fourth in a ranking of most consumed meat worldwide after pork (36%), poultry (33%), beef (24%), goats/sheep (5%), according to the United National Food and Agriculture Organization.
What is the best pasture for goats?
Alfalfa, timothy or some other pasture mix is a good option, fed free-choice up to the amount that they will clean up without wasting. Feeding some hay cubes in addition to hay is fine, but be aware that your goats need the long fibers found in hay and browse to maintain healthy fiber balance in their digestive system.
What is the best weight to sell goats?
In the case of goats, a market weight of 60 to 80 lbs. is usually very desirable for the ethnic market. Even lighter lambs and kids are preferred for different holidays and by different ethnic groups. Sometimes, bigger, older animals are desired by ethnic buyers.
What age do goats go to market?
The ideal age for a market goat to be at show time is somewhere between 6 and 10 months of age. This time frame is usually when an animal is near or approaching their maturity.
Are goats more profitable than cows?
Goat production is highly profitable, even better than cattle or sheep.
Is raising meat goats profitable?
Is Meat Goat Farming Profitable? The fact of the matter is that farming meat goats can be and is very profitable. In fact, meat goats are far more profitable than either sheep or cattle. Remembering that goats can be worth up to $20 per pound on average, whereas cattle goes for much less.
Do goats need grain every day?
Feed grain to your goats sparingly; adults will only need 1 ½ pound a day as an absolute maximum. Kids require significantly less – around ½ a cup will do the trick. Most goats gain the majority of nutrition from foraging, where adequate pasture is available.
What age is best to sell goats?
Unless the child has a great deal of experience with goats and has a cheap source of milk, you should only sell them a kid that is ready to wean. This means the kid should be a minimum of 10 to 12 weeks of age and weigh a minimum of 30 lbs. Ideally, the kid should have been gaining about ½ lb.
What is the livestock Price Report?
This is a weekly auction report containing prices paid for livestock. All livestock included in this report are graded and reported according to official USDA live animal standards or guidelines.
Where are the best places to buy goat auctions?
Eastanollee Goat Report – Goat Auction – Eastanollee, GA (Mon) (pdf) Northeast Georgia Livestock – Livestock Auction – Athens, GA (Wed) (pdf) Humeston Livestock Auction Special Sheep & Goat – Sheep and Goat Auction – Humeston, IA (Seasonal – Tue) (pdf) Kalona Sale Barn – Sheep and Goat Auction – Kalona, IA (Wed) (pdf)
How are livestock graded and reported?
All livestock included in this report are graded and reported according to official USDA live animal standards or guidelines. Reports are organized based on USDA’s LPGMN formatting guidelines and instructions, under the Voluntary Price Reporting authority of USDA’s Agricultural Marketing Service.
Where can I buy special grade sheep and goats in Kentucky?
Paris Stockyards – Special Grade Sheep and Goat Sale – Paris, KY (Monthly 4th Tue) (pdf) United Producers Inc. – Special Graded Sheep and Goat Sale – Bowling Green, KY (Monthly 2nd and 4th Thursday) (pdf)