Southwest British Columbia
Small-Scale Farm Enterprise Budget:
Goat Meat
Institute for Sustainable Food Systems
Kwantlen Polytechnic University
Technical Bulletin 2015-021
kpu.ca/isfs
Ermias Afeworki, Wallapak Polasub, Caroline Chiu and Kent Mullinix
This enterprise budget presents costs and returns for a 20 does small-scale farm in southwest British
Columbia, Canada. The sample values are typical of small-scale goat meat production using low-input growing
methods and selling directly to consumers through venues such as farmers’ markets. These values were
derived from data gathering sessions with representative farmers from the region, but do not represent any
particular farm, and should be used only as a guide. The actual costs of production may vary from farm to farm
depending on production method and scale, machinery use and other input costs. This budget is also available
as a dynamic MS Excel spreadsheet to facilitate more detailed planning for your own operation. Please refer to
the Institute for Sustainable Food Systems Enterprise Budget User Guide for assistance in tailoring the
spreadsheet to your own farm.
Assumptions:
1)
2)
3)
4)
5)
6)
7)
8)
9)
The size of herd is 21, consisting of 20 does and 1 buck.
Does grow up to about 1 year and 6 months old before they start giving birth.
The doe fertility rate is 200%, i.e., each doe gives birth to two lambs
Land for shelter and grazing is owned.
Physical farm labourers (regular labour) are paid $12 per hour.
Equipment operators (operator labour) are paid $15 per hour.
The interest rate is fixed at 5%.
The annual fixed cost is estimated using the straight-line depreciation method.
Management time is not included as a cost. The net return over total cost may be considered as the return to
management time.
GOAT PRODUCTIVITY INFORMATION
Item
As % of Ewes
Does
Buck
Fertility rate (kids born)
200%
Does culled
Bucks culled
Does death rate (loss)
5%
Pre weaning kid mortalities
10%
Kids weaned
180%
Replacement does kids
Kids available for sale
170%
Number
20
1
40
2
0
1
4
36
2
34
ISFS | Goat Meat Enterprise Budget |Page 2 of 4
REVENUE
Market kids
Does culled/auction market
No.
Head
31
5
Quantity
/head
55.00
1.00
No.
Head
Quantity
/head
Total
$/Unit
Quantity
pounds 1,705.00
7.50
head
5.00
105.00
TOTAL REVENUE
Unit
$/20 does
12,787.50
525.00
13,212.50
Per doe
639.38
26.25
665.63
ANNUAL VARIABLE COST
Feed
Pasture management
Hay (does and buck)
Grain (does)
Grain (buck)
Grain (kids)
Salts and minerals
Total feed cost
Veterinary
Deworming adults
Deworming kids
Vaccine adults
Vaccine kids
On demand supplies adults
On demand supplies kids
Total veterinary cost
Labour
Kidding, feeding, moving
Total labour cost
Miscellaneous
Processing (slaughter, cut,
wrap)
Contract transportation
Bedding straw
Bedding saw dust
Ear tags
Syringes, needles, gloves
Interest on operating capital
Total miscellaneous cost
21
20
1
40
20
13
152
30
76
150
Unit
Total
Quantity
acres
bails
pounds
pounds
pounds
pounds
5.00
273.00
3,040.00
30.00
3,040.00
3,000.00
75.00
7.00
0.25
0.25
0.25
0.02
375.00
1,911.00
760.00
7.50
760.00
60.00
3,873.50
18.75
95.55
38.00
0.38
38.00
3.00
193.68
20.00
40.00
20.00
40.00
20.00
40.00
2.45
1.45
0.16
0.16
2.10
1.20
49.00
58.00
3.20
6.40
42.00
48.00
206.60
2.45
2.90
0.16
0.32
2.10
2.40
10.33
20
40
20
40
20
40
$/Unit
$/20 does
Per doe
60
12
hours
720.00
12.00
8,640.00
8,640.00
432.00
432.00
31
31
20
20
60
1
27
heads
hours
bails
1
head
31.00
4.00
540.00
1.00
60.00
1.00
110.00
60.00
6.00
900.00
25.00
60.00
5%
3,410.00
240.00
3,240.00
900.00
1,500.00
60.00
671.51
10,021.51
22,741.61
170.50
12.00
162.00
45.00
75.00
3.00
33.58
501.08
1,137.08
TOTAL VARIABLE COST
ISFS | Goat Meat Enterprise Budget |Page 3 of 4
ANNUAL FIXED COST
Item
Animals
Building and fencing
Equipment and tools
Machinery
Overhead
TOTAL FIXED COST
TOTAL COST
TOTAL FIXED AND VARIABLE COST
$/20 does
821.25
1,173.00
310.25
0.00
210.00
$/doe
41.06
58.65
15.51
0.00
10.50
2,514.50
125.73
$/20 does
25,256.11
$/doe
1,262.81
$/20 ewes
-9,429.11
10,798.00
-11,943.61
$/ewe
-471.46
539.90
-597.18
NET RETURNS
Item
Returns Over Variable Cost
Returns Over Fixed Cost
Returns Over Total Cost
ACKNOWLEDGMENTS
The authors would like to express our sincere appreciation to all the farmers who contributed information used to
develop this enterprise budget. We would also like to thank Chris Bodnar, co-owner of Close to Home Organics Ltd,
and Heather Pritchard, farm program manager at Farm Folk City Folk, for helping us connect with experienced
farmers. Kwantlen Polytechnic University’s Michael Bomford (Sustainable Agriculture & Food Systems) and Caitlin
Dorward (Institute for Sustainable Food Systems), reviewed and revised this document. Finally, we would like to
acknowledge the financial support provided by Vancouver City Savings Credit Union.
ISFS | Goat Meat Enterprise Budget |Page 4 of 4