How can the farmers earn higher income from dairy farming?
Answers
Salient points to be considered to start dairy farming:
Formulate a Business Plan and SWOT : Dairy farming is a great business and requires proper and systematic planning like a business plan and a Strengthen, Weakness, and Opportunities and Threats, SWOT analysis.
You have to optimize resources like the number of cows and the production of milk in your dairy to estimate production cost and profitability.
Consultation with Experts is mandatory: In spite of you belonging to a milk producing family background, it is important to have a consultation with modern dairy experts while formulating your business plan.
You should develop your business plan and designing your dairy plant and machinery in consultation with good dairy experts.
Visit other local dairy firms and get experience.
Formulate a Cropping and Feeding pattern: Whether you are going to plan a TMR, total mixed ration, grazing, or some combination of both; dairy cattle need a special set of nutrients to support themselves, produce milk, and grow a calf.
Consultation with expert cattle nutritionist is a must.
Waste Management Planning: Dairy generates a lot of manure which is termed as wastes.
However, if it is managed and used properly will give you a great return.
Manure management will be tied closely to your cropping and feeding program.
Arrange capital for dairy business: Dairy farming requires a large capital investment.
Land, buildings and equipment cost is a great amount of capital requirement apart from the cost of cows are expensive
A new Dairy farmers will have to arrange the capital required to purchase everything when they will be going to start the dairy business.
Many beginning farmers begin by purchasing their cows first and use rented farm and land.
These start-up animals are your farm's equity.
Dairy Farming a Biological Phenomena: The dairy farm primarily depends on cow's ability to be living a healthy life to produce the good amount of milk.to live a healthy life, produce milk.
Dairy farming requires detailed programs for up keeping of cows healthy for good reproduction and calf care in addition to the nutrition and financial aspects.
Veterinary and genetics representatives can help you a lot develop a positive future.
Excellence Management is a key: Do homework with trusted consultants to help in planning the dairy firm, and stick with your strengths.