Roles and Responsibilities Chief Operating Officer: As a cattle rearing business, we look forward to maximizing our strength and opportunities and also to work around our weaknesses and threats.
The term is often used to refer solely to those raised for food, and sometimes only farmed ruminants, such as cattle and goats. In recent years, some organisations have also raised livestock to promote the survival of rare breeds.
No universally accepted criteria exist to separate "livestock" from pets or "companion animals", defined as animals kept primarily for companionship. Animal husbandry practices have varied widely across cultures and time periods.
Originally, livestock were not confined by fences or enclosures, but these practices have largely shifted to intensive animal farming, sometimes referred to as "factory farming". These practices increase yield of the various commercial outputs, but have led to increased concerns about animal welfare and environmental impact.
Livestock production continues to play a major economic and cultural role in numerous rural communities. Livestock farming is defined simply as the process of breeding animals for the sole purpose of consumption. Animal husbandry which is another name for livestock farming, is a rapidly growing arm of farming in Nigeria, and the primary reason why more entrepreneurial farmers are venturing into livestock farming is its profitability.
Intensive animal farming or industrial livestock production, also known as factory farming by opponents of the practice, is a modern form of intensive farming that refers to the keeping of livestock, such as cattle, poultry including in "battery cages" and fish at higher stocking densities than is usually the case with other forms of animal agriculture—a practice typical in industrial farming by agribusinesses.
The main products of this industry are meat, milk and eggs for human consumption. Confinement at high stocking density is one part of a systematic effort to produce the highest output at the lowest cost by relying on economies of scale, modern machinery, biotechnology, and global trade.
We have tried to discuss below most profitable livestock farming business in Nigeria. Dear friend, we have written so many FREE business tutorials that can change your life on this website. Take time to read them. As Nigerian government is trying hard to diversify the economy from the oil-mono-economy to Agriculture, Livestock farming is gradually becoming the next oil.
In this article, we will be sharing with you some great livestock farming business you could start in Nigeria.
Why is Livestock Farming flourishing in Nigeria? As long as humans exist, there will always be need for food and the two major sources of food for mankind are crops and animals. Meat, milk, and egg are major food items from animals. Other parts that are of industrial use are the bones, horns, Turks, hides and skins and others.
The great demand for these items due to large population of Nigeria, makes animal husbandry a most profitable one. The first attribute is commitment. A successful livestock farmer has to be hardworking. It can be a back-breaking work, and laziness will not be okay.
It takes a lot of efforts to care of animals from day one till they grow up to reproduce, you will see that it is not a cheap work, though you could employ some helping hands to assist in the managing of the farm.
Pro-activeness and a thirst for knowledge. One person does not know it all, and for a farmer to be successful, he cannot rely absolutely on his own knowledge alone. There are constantly evolving scientific and business information on how to make livestock farming more profitable and better, such that a livestock farmer worth his salt will seek to learn the latest techniques and methods.
Discipline, Doggedness and Goal-mindedness.: Discipline is required in very business, otherwise a little mistake could wipe out the whole business at once. Therefore every businessman turns out to be dogged and target minded.
If target is not achieved, he may make losses. This is about the most common and perhaps most hyped form of livestock farming in Nigeria at the present. It is estimated that five out of every ten Nigerians consume catfish on a weekly basis, meaning that at the very least 75 million catfish are bought and consumed every week in Nigeria alone.
That makes the demand for the product very high. The potentials of catfish farming in Nigeria are endless, and established fish farmers say that it is possible to recoup investment outlay in 12 months. For this business, you will need:A farm business plan is a work in progress, which farm business owners or operators will want to revisit regularly.
Do I need a Business Plan for my Farm? is a web resource from the New England Small Farm Institute. A business plan is essential to have in place before you seek to start up a farm business, no matter what else you've done by way of preparation.
In today's world, animal agriculture is more complex and more variable than it was years ago. There are changing markets, high costs, low profit margins, different ways to raise cattle, and niche markets.
A business plan is an excellent way to share your ideas with others, Which elements of farming do you think will be the easiest?
Which will be the most machinery, perennial plants and trees and livestock. Fill these out on an . Beginning Farmers offers information on how to start a farm, planning a new farm, funding resources and finding land to start your farm on. We cover all areas of farming from raising chickens and goats to mushroom production, and urban farms to business farming.
A Sample Beef Cattle Farming Business Plan Template Business Overview The agricultural industry of which livestock farming or better still cattle rearing is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produce .
In the first place, we have continued to encourage our readers to do business this year and make money. Livestock Farming business is another business that generates a lot of income for the farmers year in and year out.