What will beef prices do in 2023?

Source: https://www.fwi.co.uk/livestock/taking-stock/what-will-beef-prices-do-in-2023

Farmers Weekly

Carcass balancing issues caused by strong demand for mince and a battle with poultry and pork could be on the cards for beef in 2023, as consumers remain squeezed. Analysts say beef could be slightly better equipped than lamb to ride out domestic challenges, as its average price is under £9/kg, compared with lamb, which […]

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When getting into animals farming there are countless things to consider before you hop into production. There are different types of livestock you can raise, which are hens, rabbits, cattle, ducks, lamb, goats, pigs or horses, and are all cared for in a different way.

To become successful in livestock farming you need to know your options, goals and resources. Understanding what you want to accomplish will help you in shaping up your farm so that it can be successful.

– Your Goals

And so why do you want to get into animal farming? It’s very essential that you identify and evaluate what your goals are.

Do you want to raise livestock because you want to supply your family with healthy food? You may just want to raise livestock to manage forage? Or perhaps you want to produce your own livestock products and sell them for extra cash? Either way establishing goals is incredibly important before you pursue your project.

After you have made your decision on what type of animals you want to raise, consider the land in which you are going to manage the livestock. Consider the size of your land, the laws regarding raising livestock and property zoning. If your land is small you may consider raising birds but if you have large land you can raise, cattle, lamb and other large animals.

Also determine the sort of procedure you want. If you want to manage cattle determine if you wish to raise cows for meat or cows for milk or if you need to raise laying chickens and meat hens. For milk production you can choose between goat milk, sheep milk or cow milk. You can just raise all of them.

The type of breed is also important so make certain you get knowledge of the several types of livestock. For example if you need to raise meat cows that graze on pasture the cows that strives well on pasture is the Belted Galloway. This goes for the other livestock, certain breeds will produce better than other breeds.

– Your Resources

Ask yourself if you have enough resources to start out your project? Will you have enough finances to invest in livestock farming? Do you have the equipment and facilities? Bringing up livestock requires that you have enough resources and are prepared to make investments of some money.

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