Premium
An Investment Analysis of Meat Goat Enterprises for Small‐Scale Producers
Author(s) -
Gebremedhin Tesfa G.,
Gebrelul Sebhatu
Publication year - 1992
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349606
Subject(s) - investment (military) , business , scale (ratio) , agricultural economics , commerce , economics , geography , political science , cartography , politics , law
Potential goat producers in the Southeastern United States lack information about investment requirements and production and marketing costs. This study attempts to determine the most profitable meat goat production enterprises by estimating the costs and returns of three selected production systems; A comparison of net present values and payback periods, and financial feasibility analysis were the methods used. Despite the difference in the level of net income generated, a cash surplus, attributed to land, family labor, and management for the three alternative investment systems occurred at the end of the third year. Thus, goat enterprises may provide economic opportunities for farm families who have limited finances and resources.