The price for lamb in South Africa in the formal market is currently R74 per kg for lambs with a medium fat cover on the carcass (Webb, 2015). A carcass weighing 16-20 kg can thus earn up to R1185-R1482 for a resource-poor farmer.
Average Price Of A Sheep In South Africa
Goat Prices in South Africa. All Goat prices vary depending on breed, location and age. For this post we will focus on Boer Goats in South Africa. The price for a single goat can vary from R2200 – R12 000.
How many sheep are in South Africa?
The estimated number of sheep in South Africa is 28.8 million. Sheep farmers are represented by organizations with Dorper Sheep Breeders’ Society of South Africa and Merino SA being the most prominent.
Starting a goat farming business in South Africa is a very lucrative investment. For years the rearing of goats has always been there but has mainly been for subsistence purposes. Now the growing trend is that people now rear them solely for commercial reasons.
Are sheep a good investment?
Profitability can be challenging, but with productive sheep and close control of expenses, a profit is possible. Sheep produce income from the sale of meat, wool and milk. The highest-quality meat is produced from lambs, young sheep under one year of age. Most sheep are sheared once per year to produce wool.
In South Africa, the sheep farming business is very profitable. Though, the two main products for sheep farming are sheep meat (lamb & mutton) and wool. The lamb and mutton demand in South Africa is high, and exceeding 1,90,000 tonnes per year.
Is there money in sheep farming?
The most traditional way of making money from sheep is to breed your ewes and then sell the lambs. You can take them to market where other farmers and abattoirs will buy them or, if you have the contacts, cut out the middle man and conduct private sales.
Which animal farming is most profitable in South Africa?
Beef cattle are generally the most profitable and easiest livestock to raise for profit. Beef cattle simply require good pasture, supplemental hay during the winter, fresh water, vaccinations and plenty of room to roam. You can buy calves from dairy farms inexpensively to start raising beef cattle.