INSURANCE AGENCY NETWORK Blog
While choosing the best livestock to raise in your farm, there are several factors to consider such as your facilities, the size of your land, or any upgrades you will do later on. Also, does your farm have the capacity to make feed?
Basically, the standard number of acres for each livestock is:
Keep in mind that you need different styles of fencing for every group of animals. These animals also require different forage.
The Most Profitable Livestock
Beef Cattle. This is the most profitable animal to raise in your farm, and also requires low maintenance. From 1 to 2 years old, you can get the best quality meat at great value.
Hogs or Pigs. These are easy to raise, and their feed is affordable. They also put on weight quickly, making them ready for slaughter. They are a great source of meat.
Sheep. These animals can be financially-rewarding especially during Easter or Ramadan festivals. People look for high quality lamb during these times.
Pekin Ducks. These animals are among the best sources of eggs and meat. They do not require a wide space, and they do not dig grounds compared to chickens.
Chickens. These are considered multipurpose animals, as they can produce meat, fertilizer, and eggs. They also eat almost anything, from feed, weeds, leftovers, to compost.
Goats. They are not only a great source of dairy products, but they also help clear the brushes. Know that goats are good escape artists so fence them securely.
Rabbits. They animals are great sources of meat and fertilizer. They do not require expensive feed. They can live with grass clippings, weeds, veggies, hay, fodder, and feed.
There are many other animals that you can raise in your homestead. Farming can be profitable with regard to raising livestock. Make sure to keep your animals healthy because sick livestock has a negative impact on your livelihood.
Learn to identify risks and create an effective management plan. Use the right and safe equipment to prevent accidents. But catastrophes can still occur.
It is highly recommended to buy your own farmowners insurance. This can help protect you in case of damages, injuries, bad crop, and so on, in your farm. At Insurance Services of the West, LLC, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. To learn more about how we can help you, please contact our agency at (425) 681-0996 or Click Here to request a free quote.