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Course 2: The Economics of Livestock Farming
R650.00
Most livestock farmers have a passion for animal husbandry, farming in general, and livestock specifically. However, it requires an in-depth understanding of the economic factors that are the foundation upon which a livestock farming operation is built that will ensure success and sustainability. Without an understanding of the markets, their price cycles, consumer preferences, and business in general, the Boer Goat farmer will not have a viable nor profitable business.
Description
This Economics of Livestock Farming course will provide the farmer with an understanding of the economic factors that are vitally important in making a success of his business. Farming is a demanding occupation. It is capital intensive, generally has a low return on fixed investment, has a long period before financial breakeven is achieved and is subject to the vagaries of the climate, over which the farmer has no influence. In addition, the agricultural sector is a price taker not a price maker. It requires dedication, perseverance, a hands-on approach, significant skill and experience in order to achieve success.
