"The meat goat budget is designed to reflect the economic costs and returns of a 50 doe, spring kidding flock (March and April) with kids marketed between 50 to 60 pounds in July/August. This management system takes advantage of spring forage production and the natural breeding season. However, this management system has high price risk during summer marketing."--Second page.Written by Jennifer Lutes (County Engagement Specialist, Agriculture and Environment Extension)New 10/20; Revised 10/202

Lutes, Jennifer

"The meat goat budget is designed to reflect the economic costs and returns of a 50 doe, spring kidding flock (March and April) with kids marketed between 50 to 60 pounds in July/August. This management system takes advantage of spring forage production and the natural breeding season. However, this management system has high price risk during summer marketing."--Page 2.Written by Jennifer Lutes (Field Specialist, Agriculture Business Extension)New 10/2020; Revised 10/202

University of Missouri: MOspace

extension.missouri.edu g691Goats - Late Kidding Planning Budget Table 1. Missouri meat goat planning budget for 2023: Late kidding, sell at weaning (50 does, 167% kidding rate). Head  per doe Quantity UnitDollars  per unitDollars  per doeDollars per enterpriseReturnsHeavy kids 0.38 60 pound 3.20 72.96 3,648.00Light kids 1.20 50 pound 3.00 180.00 9,000.00Culled does 0.16 125 pound 1.80 31.50 1,575.00Culled bucks 0.02 175 pound 2.15 7.53 376.25Total returns 291.99 14,599.25Operating costsDoe replacement 0.16 head 210.00 33.60 1,680.00Buck cost, breeding supplies 0.04 head 410.00 9.20 460.00Pasture 0.37 acre 27.49 7.38 369.00Hay 395.0 pound 0.050 19.76 987.98Supplement 30.0 pound 0.153 4.63 231.65Mineral 4.4 pound 0.80 7.11 355.40Animal health 6.49 324.34Guard dog replacement and food 10.65 532.38Bedding and stock supplies 3.25 162.50Marketing 7.5 percent 21.90 1,094.94Machinery fuel, lube, repair 14.55 727.37Facility maintenance 3.90 195.00Operating interest 6.5 percent 3.99 199.69Operator and hired labor 4.46 hour 17.92 79.99 3,999.74Total operating costs 226.40 11,320.00Ownership costsBusiness overhead (professional fees, utilities, miscellaneous) 4.50 225.00Property taxes and insurance 3.51 175.60Economic depreciation, facility and equipment 21.12 1,056.17Opportunity interest on capital investment 4.9 percent 26.07 1,303.63Total ownership costs 55.21 2,760.39Total costs 281.61 14,080.39Return over operating costs 65.59 3,279.25Return over total costs 10.38 518.86Return to labor and management 90.37 4,518.61Shut-down kid price, all else equal, $ per pound 2.26Break-even kid price, all else equal, $ per pound 2.93Written byJennifer Lutes, Field Specialist, Agriculture Business Extensionm Extension University of Missouri Archive version -- See extension.missouri.edupage 2g691 New 10/2020; Revised 10/2022Table 2. Production rates for 2023: Late kidding, sell at weaning.Rates QuantityKiddings, per doe per year 1Doe numbers, start of breeding season 50Bucks for breeding 2Kid crop (live birth per exposed), percent 167Kid crop (raised to sale weight), percent 158Adult death loss, percent 2Kid death loss, pre-weaning, percent 3Kid death loss, post-weaning, percent 3Table 3. Feed and labor estimates for 2023: Late kidding, sell at weaning.UnitUnits per head, adultsUnits per head, kidsTotal units per doeWeighted price(dollars per unit)Total dollars per doePasture acre 0.2 0.1 0.37 27.49 10.14Hay pound 380.0 395.0 0.05 19.76Supplement pound 27.5 1.0 30.2 0.153 4.63Mineral pound 8.0 0.3 8.9 0.80 7.11Labor hour 3.0 0.8 4.46 17.92 79.99Table 4. Land and capital investment estimates for 2023: Late kidding, sell at weaning.Unit Quantity Dollars per unitEnterprise total dollarsDollars per doeBreeding stock unit doe 50 261 13,045 261Buildings and facilities 11,500 230Machinery, equipment and pickup 9,800 196Total 34,345 687Note: Building and machinery investment is allocated across multiple enteprises.The meat goat budget is designed to reflect the economic costs and returns of a 50 doe, spring kidding flock (March and April) with kids marketed between 50 to 60 pounds in July/August. This management system takes advantage of spring forage production and the natural breeding season. However, this management system has high price risk during summer marketing.  Farmers can also customize this budget to fit their own operations by using the Missouri Meat Goat Budget Tool (extension.missouri.edu/media/wysiwyg/Extensiondata/Pro/AgBusinessPolicyExtension/Docs  /LateKiddingGoatBudget.xlsx). Download the spreadsheet tool to keep an electronic copy of your cost and return estimates for meat goats in Missouri.I!) Extension University of Missouri Issued in furtherance of the Cooperative Extension Work Acts of May 8 and June 30, 1914, in cooperation with the U.S. Department of Agriculture. Director, Cooperative Extension, University of Missouri, Columbia, MO 65211 • MU Extension provides equal opportunity to all participants in extension programs and activities and for all employees and applicants for employment on the basis of their demonstrated ability and competence without discrimination on the basis of race, color, national origin, ancestry, religion, sex, sexual orientation, gender identity, gender expression, age, genetic information, disability or protected veteran status. • 573-882-7216 • extension.missouri.edu 

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Goats - late kidding planning budget

"The meat goat budget is designed to reflect the economic costs and returns of a 50 doe, spring kidding flock (March and April) with kids marketed between 50 to 60 pounds in July/August. This management system takes advantage of spring forage production and the natural breeding season. However, this management system has high price risk during summer marketing."--Page 2.Written by Jennifer Lutes (County Engagement Specialist, Agriculture and Environment Extension)New 10/2

extension.missouri.edu g691Goats - Late Kidding Planning Budget Table 1. Missouri meat goat planning budget for 2021: Late kidding, sell at weaning (50 does, 160% kidding rate). Head  per doe Quantity UnitDollars  per unitDollars  per doeDollars per enterpriseReturnsHeavy kids 0.44 60 pound 2.70 71.28 3,564.00Light kids 1.08 50 pound 2.40 129.60 6,480.00Culled does 0.16 125 pound 1.63 28.53 1,426.25Culled bucks 0.02 175 pound 1.87 6.55 327.25Total returns 235.95 11,797.50Operating costsDoe replacement 0.17 head 150.00 25.50 1,275.00Buck cost, breeding supplies 0.04 head 350.00 8.00 400.00Pasture 0.36 acre 37.80 10.86 543.00Hay 395 pound 0.05 19.76 987.98Supplement 30 pound 0.11 3.18 158.96Mineral 4.4 pound 0.40 3.55 177.26Animal health 6.41 320.60Guard dog replacement and food 8.87 443.65Bedding and stock supplies 2.75 137.50Marketing 7.5 percent 17.70 884.81Machinery fuel, lube, repair 14.64 732.04Facility maintenance 3.90 195.00Operating interest 4.5 percent 2.65 132.35Operator and hired labor 4.4 hour 15.50 68.20 3,410.00Total operating costs 195.96 9,798.16Ownership costsBusiness overhead (professional fees, utilities, miscellaneous) 4.50 225.00Property taxes and insurance 3.51 175.60Economic depreciation, facility and equipment 21.12 1,056.17Opportunity interest on capital investment 4.5 percent 20.29 1,014.64Total ownership costs 49.43 2,471.40Total costs 245.39 12,269.56Return over operating costs 39.99 1,999.34Return over total costs -9.44 -472.06Return to labor and management 58.76 2,937.94Shut-down kid price, all else equal, $ per pound 2.00Break-even kid price, all else equal, $ per pound 2.62Written byJennifer Lutes, County Engagement Specialist, Agriculture and Environment ExtensionArchive version -- See extension.missouri.edupage 2g691 New 10/20Table 2. Production rates for 2021: Late kidding, sell at weaning.Rates QuantityKiddings, per doe per year 1Doe numbers, start of breeding season 50Bucks for breeding 2Kid crop (live birth per exposed), percent 160Kid crop (raised to sale weight), percent 152Adult death loss, percent 3Kid death loss, pre-weaning, percent 3Kid death loss, post-weaning, percent 3Table 3. Feed and labor estimates for 2021: Late kidding, sell at weaning.UnitUnits per head, adultsUnits per head, kidsTotal units per doeWeighted price(dollars per unit)Total dollars per doePasture acre 0.2 0.1 0.36 37.80 13.68Hay pound 380.0 395.0 0.05 19.76Supplement pound 27.5 1.0 30.1 0.106 3.18Mineral pound 8.0 0.3 8.9 0.40 3.55Labor hour 3.0 0.8 4.4 15.50 68.20Table 4. Land and capital investment estimates for 2021: Late kidding, sell at weaning.Unit Quantity Dollars per unitEnterprise total dollarsDollars per doePastureland acre 18 2,500 45,250 905Breeding stock unit doe 50 190 9,520 190Buildings and facilities 11,500 230Machinery, equipment and pickup 9,800 196Total 76,070 1,521Note: Building and machinery investment is allocated across multiple enteprises.The meat goat budget is designed to reflect the economic costs and returns of a 50 doe, spring kidding flock (March and April) with kids marketed between 50 to 60 pounds in July/August. This management system takes advantage of spring forage production and the natural breeding season. However, this management system has high price risk during summer marketing.  Farmers can see other Missouri budgets or customize existing Missouri budgets by visiting https://extension.missouri.edu/programs/agricultural-business-and-policy-extension/missouri-crop-and-livestock-enterprise-budgets. 

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Goats - late kidding planning budget

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