Mince at £3.60/kg shows beef is supermarket loss leader

Source: https://www.fwi.co.uk/livestock/taking-stock/mince-at-3-60-kg-shows-beef-is-supermarket-loss-leader

Farmers Weekly

Retail beef prices at odds with record cattle trade have left farmers in no doubt of beef’s role in many supermarkets as a loss leader. Latest Kantar data from December shows heavy discounting on standard mince, priced 47p/kg lower in the shops on average than it was in December 2019. This is despite a price […]

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When getting into livestock farming there are a great number of things to consider before you leap into production. There are various types of livestock you can keep, which are chickens, rabbits, cows, ducks, lamb, goats, swine 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 is successful.

– Your Goals

So why do you want to get into livestock 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 animals to manage forage? Or else you want to produce your own livestock products and sell them for extra income? Either way placing goals is no doubt important before you pursue your project.

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

You should also determine the sort of operation you want. If you want to farm cows determine if you wish to raise cows for meat or cows for milk or if you wish to raise laying chickens and meat hens. For milk creation you can pick 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 cattle 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 spend some money.

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