MD Meat Goat

Seedstock Budget
The purpose of this enterprise budget is to evaluate the profit potential of a meat goat enterprise
in which breeding stock and/or show wether sales comprise a significant portion of the income.
Other kids are sold for meat. Does kid annually and are bred to kid as yearlings.

[1] Assumptions
[2] Income
[3] Feed costs
[4] Veterinary costs
[5] Other Expenses
[6] Capital investment
[7] Summary

This enterprise budget was developed by Susan Schoenian, Sheep & Goat Specialist at the Univers
of Maryland's Western Maryland Research & Education Center (WMREC) in Keedysville, Maryland

The budget is password-protected to protect the formulas and structure of the

spreadsheet. To make changes, contact Susan at sschoen@umd.edu for the password.
tential of a meat goat enterprise
nificant portion of the income.
bred to kid as yearlings.

& Goat Specialist at the University

MREC) in Keedysville, Maryland.

as and structure of the

umd.edu for the password.

last updated 04.18.18

 MD Meat Goat Seedstock Budget
Seestock can be purebred registered animals or purebred commercial or crossbred stock
HERD COMPOSITION
60 Number of does (nannies)
3 Number of bucks (billies)
5.0% Adult death loss
25.0% Doe replacement rate
33.0% Buck replacement rate
162% PERCENT KID CROP RAISED (copied from below)

Percent kid crop is an important factor affecting the profitability of any goat enterprise.
It is the number of kids available to sell or keep for replacements divided by the number
of does exposed for breeding. Use the table below to calculate it. Enter values in green cells.

CALCULATION OF PERCENT KID CROP

60 Number of does exposed for breeding (copied from above)
95% Percent does kidding
57 Number of does kidding (calculated)
200% Percent kids born live (# live kids ÷ # does kidding)
114 Number of kids born live (calculated)
10.0% Percent pre-weaning death loss
103 Number of kids weaned (calculated)
5.0% Percent post-weaning death loss
97 Total number kids produced (calculated)
82 Number of kids available to sell (calculated)
15 Number of doe kids kept for replacement (calculated)
162% PERCENT KID CROP RAISED
k Budget
ercial or crossbred stock.

Enter data in the green cells. The other cells are password-protected.
Data in the white cells are automatically calculated from other values in the spreadsh
Hover over the red triangle in the upper right corner of the cell to display useful comm

om below)

any goat enterprise.

vided by the number
er values in green cells.

OP
g (copied from above)

does kidding)

ment (calculated)
d-protected.
other values in the spreadsheet.
e cell to display useful comments.
 MD Meat Goat Seedstock Budg
INCOME CALCULATION
Item No head Amount Unit Price/unit
Breeding bucks 5 head $ 500.00
Breeding does 12 head $ 300.00
Show wethers 10 head $ 250.00
Mature does 6 head $ 250.00
Male market goats 34 70 pounds $ 2.50
Female market goats 22 55 pounds $ 2.50
Cull does 6 110 pounds $ 1.50
Cull bucks 0.8 150 pounds $ 2.00
Enter other source of income
Enter other source of income
Total income
Enter data in the green cells. The other cells are password-protected.
Data in the white cells are automatically calculated from other values in the spreadsheet.
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ock Budget
N
Total Per doe
$ 2,500 $ 41.67
$ 3,600 $ 60.00
$ 2,500 $ 41.67
$ 1,500 $ 25.00
$ 5,904 $ 98.39
$ 2,989 $ 49.81
$ 990 $ 16.50
$ 252 $ 4.20
$ - $ -
$ - $ -
$ 20,234 $ 337.24
 MD Meat Goat Enterprise Budg
Feed accounts for a significant amount of the cost of raising meat goats, as much as 70 percent of the tota
important to enter realistic data. There are also different ways to feed goats, so feed costs can vary

FEED COSTS
DOES Head Amount Unit Cost/unit
Legume hay 63 0.10 ton $ 160
Grass hay 63 0.10 ton $ 120
Grain 60 132 pound $ 0.075
Protein supplement 60 33 pound $ 0.18
By-product feed 60 0 pound $ 0.16
Silage 60 0.0 ton $ 50.00
TMR 60 0 pound $ 0.10
Minerals 63 12 pound $ 0.50
Annual pasture planting 0.0 acres $ 200.00
Pasture and browse maintenance 20.0 acres $ 50.00
Pasture and browse rental 0.0 acres $ 75.00
Protein tubs 3 tubs $ 50.00
Other feed cost 0 $ -
Total doe feed costs

KIDS Head Amount Unit Cost/unit

Creep feed (10-60 days) 103 15 pound $ 0.20
Finishing ration 103 75 pound $ 0.16
By-product feed 103 0 pound $ 0.16
Hay 103 0 ton $ 160.00
Silage 103 0 ton $ 32.00
Minerals 103 0 pound $ 0.50
Annual pasture planting 5 acres $ 100.00
Pasture and browse maintenance 0 acres $ 50.00
Pasture and browse rental 0 acres $ 75.00
Milk replacer 2 bags $ 45.00
Other feed cost 0 $ -
Total kid feed cost

TOTAL FEED COSTS

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Data in the white cells are automatically calculated from other values in the spreadsheet.
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rise Budget
as 70 percent of the total. As a result, it is very
ts, so feed costs can vary considerably.

Total Per doe

$ 1,008 $ 16.80
$ 756 $ 12.60
$ 594 $ 9.90
$ 356 $ 5.94
$ - $ -
$ - $ -
$ - $ -
$ 378 $ 6.30
$ - $ -
$ 1,000 $ 16.67
$ - $ -
$ 150 $ 2.50
$ - $ -
$ 4,092 $ 68.21

Total Per doe

$ 307.80 $ 5.13
$ 1,231.20 $ 20.52
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ 500.00 $ 8.33
$ - $ -
$ - $ -
$ 90.00 $ 1.50
$ - $ -
$ 2,039.00 $ 33.98

$ 6,131 $ 102.19
 MD Meat Goat Seedstock Budge
HEALTH & VETERINARY COSTS
Expenditure No head Amount Unit Cost/unit
Deworming: adults 63 1 doses $ 0.75
Deworming: kids 97 2 doses $ 0.75
Coccidia treatment: kids 97 1 doses $ 1.00
Other parasite control
Clostridial vaccination: adults 63 1 doses $ 0.50
Clostridial vaccination: kids 97 2 doses $ 0.50
Other vaccination 0 0 doses $ -
Other vaccination 0 0 doses $ -
Veterinary medicine
Professional veterinary services
Other health and veterinary costs
Other health and veterinary costs
Total health and veterinary costs
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Data in the white cells are automatically calculated from other values in the spreadsheet.
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ock Budget
TS
Total cost Per doe
$ 47 $ 0.79
$ 146 $ 2.44
$ 97 $ 1.62
$ - $ -
$ 32 $ 0.53
$ 97 $ 1.62
$ - $ -
$ - $ -
$ 300 $ 5.00
$ 500 $ 8.33
$ 50 $ 0.83
$ 50 $ 0.83
$ 1,320 $ 22.00
 MD Meat Goat Seedstock Budg
OTHER EXPENSES
Other costs Number Unit
Supplies 60 head
Bedding 60 head
Registration fees 17 head
DNA testing 17 head
Buck replacement 1.0 head
Hauling 62 head
Marketing 62 head
Livestock guardians (feed, veterinary care)
Advertising
Performance testing fees
Enter other cost
Enter other cost
Total other costs
Enter data in the green cells. The other cells are password-protected.
Data in the white cells are automatically calculated from other values in the spreadsheet.
Hover over the red triangle in the upper right corner of the cell to display useful comments.
edstock Budget
NSES
Cost/unit Total Per doe
$ 5.00 $ 300 $ 5.00
$ 5.00 $ 300 $ 5.00
$ 8.00 $ 136 $ 2.27
$ 30.00 $ 510 $ 8.50
$ 750.00 $ 743 $ 12.38
$ 5.00 $ 312 $ 5.19
$ 5.00 $ 312 $ 5.19
$ 500 $ 8.33
$ 500 $ 8.33
$ 500 $ 8.33
$ - $ -
$ - $ -
$ 4,112 $ 68.53

preadsheet.
ul comments.
 MD Meat Goat Seedstock Budg
CAPITAL PURCHASES
EXPENDITURE Number Cost Unit
Breeding does 100 $ 300 head
Breeding bucks(s) 3 $ 750 head
Livestock guardian(s) 2 $ 500 head
Pasture establishment, improvement 20.0 $ 200 acre
Fencing
Housing, including lots and pens
Watering system(s)
Handling system
Feeders (fenceline, hay, grain, minerals)
Feed storage, e.g. bulk bin, silo
Farm machinery, e.g. tractor, manure spreader
Supplies and misc. equipment
Enter other investment cost
Enter other investment cost
Enter other investment cost
TOTAL INVESTMENT
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Data in the white cells are automatically calculated from other values in the spreadsheet.
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ock Budget

Total Per doe

$ 30,000 $ 300
$ 2,250 $ 23
$ 1,000 $ 10
$ 4,000 $ 40
$ 10,000 $ 100
$ 10,000 $ 100
$ 2,000 $ 20
$ 1,500 $ 15
$ 1,500 $ 15
$ 2,000 $ 20
$ 1,000 $ 10
$ 100 $ 1
$ - $ -
$ - $ -
$ - $ -
$ 65,350 $ 654
 MD Meat Goat Enterprise Budg
BUDGET SUMMARY
Income Total
Breeding stock $ 7,600
Show wethers $ 2,500
Market kids $ 8,892
Cull does and bucks $ 1,242
Other income $ -
Total Income $ 20,234

Expenses Total
Feed costs $ 6,131
Doe feed cost $ 4,092
Kid feed cost $ 2,039
Health and veterinary costs $ 1,320
Other costs $ 4,112
Total expenses $ 11,563

Profit $ 8,671

Expenses ÷ Income 57%

Total investment $ 65,350

Years to repay investment 7.54

Rate of return on investment (ROI) 13%

ise Budget
%
Per doe %
$ 126.67 37.6%
$ 41.67 12.4%
$ 148.20 43.9%
$ 20.70 6.1%
$ - 0.0%
$ 337.24

Per doe %
$ 102.19 53%
$ 68.21 35%
$ 33.98 18%
$ 22.00 11%
$ 68.53 36%
$ 192.71

$ 144.52

57%

$ 653.50

7.54
13%