How Much Does a Goat Cost?
A goat is an animal that is closely related to the sheep and has long been used for its milk, meat, hair, and skin. The United States produces about 3 million goats annually, with the state of Texas being one of the highest producers. In fact, the United States is the largest importer of goats in the world. There is a high demand for goat meat because it is known to be lower in fat and cholesterol than beef, pork and even chicken.
There are different breeds of goats, and each one is bred for a specific purpose. There are three main breeds in each category that are available for purchase. If you want to raise goats for their milk, then you need to purchase a dairy breed. Those who raise goats for meat purposes can also come from any breed. Fiber goats are raised for their hair, and lastly, if you want one for pet purposes, any breed will suffice.
How much does it cost?
- The prices of goats vary widely depending on the breed. Goats can cost as low as $10 for goats those that can be raised for pet purposes, or they can cost as much as thousands of dollars for goats that come from champion and show breeds. A high-class registered dairy goat may cost around $500 or more.
- Goat prices can be checked out in various sources including magazines and newsletters, classifieds ads, sale barn reports, and USDA reports. Breeders also have a readily available price list to show to interested buyers.
- The website GoatClassifieds.com shows the average goat asking prices for the last 30 days. Here, breeding bucks cost an average of $1088 while 3 available commercial bucks can cost $600. Fullblood Does, on the other hand, cost $333.
- If you want to learn more about raising dairy goats, Minimilkcows.com quoted good dairy kids can range from $150 to $1,000 depending on location and quality. Goats are a terrific choice if you are needing to economize. On the average, a budget of about $300 can give you a good midline goat. It also mentions that great show goats can fetch as high as $1000.
What is going to be included?
- All goats that have been bought from breeders come with a care package. This is going to include any medical records and papers showing the breed.
- All kids will be disbudded, or have their horns trimmed, unless requested otherwise.
- As standard procedure, all goats will be wormed with the herbal wormer and have nice trimmed hoofs when going to their new home.
- Depending on your preferences, you can purchase goats that have been polled. This means that they have been genetically altered to not grow horns.
What are the extra costs?
- One of the extra costs is the expenses that are incurred when maintaining goats for upkeep. What to feed them, shelter, fences, hoof care and breeding are costs to be considered in the long term. This can be said with any animal you want to raise on your land. Goats4H.com has a nice breakdown on what you should expect to pay.
- Supplies such as collars, trimmers, a grooming bucket and brush will all be needed for everyday maintenance and care.
- Unnecessary medical expenses can also eat into a budget. If your goat becomes ill or injured, a veterinarian will have to be called.
- A CAE blood test is highly recommended since it is a disease that can affect the goat as well as the herd. If it has not been done, this test can cost $10 to $30.
Factors that influence the price:
- The breed, purpose of the goat, and the bloodlines and location of the breeder or seller play a major part in the price of a goat.
- The price of dairy goats, meanwhile, vary based on conformation, milk production, and seller.
Questions to ask:
- Why do I want to raise goats?
- How much is my budget?
- Do I have an area in which I can raise them?
- Do zoning laws in my proposed area allow goat raising?
How can I save money?
- Some breeders give multiple purchase discounts and great discounts for pre-reserved and early pick up.
- With any animal purchase or adoption, be sure to take advantage of classified ads online. By comparing and purchasing in your local area, you can be assured that you are getting the best deal.
- Consider heading to a local farm auction. Many local farmers sell goats here for as little as $10. While the prices are cheap, just make sure that you know the reason why the goats are being auctioned off. Some farmers just auction off goats they cannot sell on their own because of an illness.