There are various ways farmers can make money out of dairy farming
You can make money from selling manure, your calf, and most importantly high milk production.
To invest in a dairy cow you first need to list all the costs you will face. These include:
- Milking equipment
- Feeds: You can grow fodder such as Calliandra and Napier on your farm
- Mineral supplements
- Veterinary and Medical fees
The price of a cow in calf will depend on the breed and milk records. Once the cow has given birth and starts milking, you start making money. For example, if your cow gives an average of 20 litres a day, you can sell 1 litre for KSH 40 and get KSH 800 per day.
You can always invest in supplements to help increase your milk production and make more profit.
However, before you start your dairy production, make sure you come up with a business plan. A good business plan will outline what goals you wish to achieve and how you intend to get there. In addition it will allow you to identify your market.
You should also keep good farming records milk records and accounting of your business operation. This will let you keep track of whether you are making a profit or not.