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There are two things you gotta do to reap these untold riches, 1) do your own marketing and 2) get the buyers to your farm . This course will provide you with loads of information on the how-to-care, feed and produce goats then move on to developing a game plan for earning a living from your goats (hair, meat, dairy, brush, show and breeding types) and the number crunching required to make it work for you. A Saturday/Sunday field trip to the instructor's working farm in Wharton is included. Class size 3-20+3.
Teg Gregory practiced Architecture and the marketing of Engineering & Construction Services over 20 years in Egypt, Brazil, Singapore and the States. He and his wife Shelby took up goat farming in 1998, as a sustainable agricultural enterprise upon moving to her family's 130 year homestead in the Texas Panhandle.
$30 Greenway Plaza/Richmond/Kirby
Leisure Learning Unlimited, Inc.
713-529-4414
www.llu.com
Dairy Goat Pro-Forma
http://www2.luresext.edu/goats/index.htm
| Langston University www2.luresext.edu has become the dairy goat research focal point for the USDA. I chose this 1998 Pro-forma to justify Shelby Ann Brown's desire to wipe out her 401k and build a licensed Grade 'A' Raw goat's milk dairy on our farm in Beasley, Texas..I have added items e.g.land, buildings, owner salaries, and licensing fees to make it as realistic a business assessment as possible. Langston used a 100 head dairy and a $2.00/gallon sales price. I have converted their numbers to 50 head and used the $3.40/gal price paid by the Lone Star Cheese plant in Cleveland, Texas. rteg@analagoatcompany.com | |||||
|
Inputs |
units |
price |
quantity |
value |
teg's # s |
|
mixed feed |
cwt |
$9.00/.10/lb |
7.2 |
$65 |
$63 |
|
alfalfa hay |
tons |
$100.08/.05lb |
0.9 |
$90 |
$120 |
| grass hay |
1500lbs. |
24 rolls@$35 |
8 |
na |
$8.40 |
|
pasture maintenance |
seed/lbs |
$1/pound |
1000 |
na |
$10 |
|
vet/meds/tests |
head |
$20.00/$12.00 |
1.0 |
$10 |
$12 |
| Grade 'A' License |
head |
$1,250/yr |
1.0 |
n/a |
$25 |
|
supplies |
head |
$12.00 |
1.0 |
$12 |
$12 |
|
utilities |
head |
$36.00 |
1.0 |
$36 |
$36 |
|
doe milk replacer |
head |
$24.00 |
1.0 |
$24 |
$24 |
|
kid feed |
head |
$22.00 |
1.0 |
$22 |
$22 |
|
breeding fees |
head |
$10.00/$500buck |
1.0 |
$10 |
$20 |
|
misc expense |
head |
$12.00 |
1.00 |
$12 |
$12 |
|
marketing exp |
head |
$2.00/$5.00 |
1.75 |
$3.5 |
$8.75 |
| owner's Labor | salary |
$13,800/yr each* |
2.0 |
n/a |
$552 |
|
mach. labor |
hour |
$6.50/$10.00 |
1.694 |
$11.01 |
$16.94 |
|
equip. labor |
hour |
$6.50/$10.00 |
3.26 |
$21.19 |
$32.26 |
|
livestock labor |
hour |
$6.50/$10.00 |
15.384 |
$100.00 |
$153.38 |
|
mach Fuel,Lube,Rpr |
dollar |
$5.75 |
$5.75 |
||
|
equip Fuel,Lube,Rpr |
dollar |
$12.57 |
$12.57 |
||
|
Total operating costs |
$435.02 |
$1146.05 |
|||
|
Operating cost of milk production |
240 gal |
$1.81 |
$4.78 |
||
|
Fixed costs |
interest |
amount |
value |
total value |
|
|
Machinery & Equipment Five year payoff, interest @ 9.5% Dairy M & E, Tractor, Truck, Car, Trailers |
$50,000 |
$21.04 |
$21.00 |
||
|
taxes, insurance |
$28.69 |
$27.00 | |||
|
Land & Buildings Fifteen year payoff, interest @ 9.5% 5 acres, barn, trailer-house, milking parlor, creamery, infrastructure & utilities |
$150,000 |
$31.33 | $31.33 | ||
|
taxes, insurance |
n/a |
$87.00 | |||
|
Livestock Five year payoff, interest at 9.5% |
|||||
|
doe goat |
$105.00/$400 |
$4.41 |
$8.40 | ||
|
buck goat |
2 @ $525 |
$1,050 |
$0.44 |
$0.42 | |
|
replacement doe |
25 @ $400 |
$12,000 |
$5.04 |
$5.04 | |
|
Total Fixed costs |
$90.95 |
$180.19 |
|||
|
Total operating and fixed costs per nanny |
$529.97 |
$1326.24 |
|||
|
Total annual operating and fixed cost per gallon of milk production |
12,000 gal/yr |
$2.19 |
$5.53 |
||
|
Production |
units |
price |
quantity |
value |
|
|
goat milk |
gallon |
$3.40/$10.00 |
240 |
$816.00 |
$2,400.00 |
|
male kids |
head |
$20.00/$15.00 |
0.900 |
$18.00 |
$13.50 |
|
female kids |
head |
$30.00/$100.00 |
0.650 |
$19.50 |
$65 |
|
cull doe goats |
head |
$50.00/$75.00 |
0.200 |
$10.00 |
$15 |
|
Total receipts |
$863.50 |
$2,493.50 |
|||
|
Total net annual return per nanny |
$334 |
$1,167 |
|||
|
Total gross annual returns |
50 nannies |
$43,175 |
$124,675 |
||
|
Total net annual return before taxes |
50 nannies |
$16,700 |
$58,350 |
||
|
Return on sales |
39% |
47% |
|||
| Assumptions: 5% doe death loss, 200% kid crop,10% kid death loss, 25% doe replacement rate *Salaries include 15% FICA | |||||
|
Base data prepared by the department of a Agricultural economics Oklahoma State University |
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