Weekly Market Insights Report - Infotrade...

VOL 18 ISSUE NO15 MAY 20 2018 -MAY 26 2018

FIT INSIGHTS |FIT HUMANITY

Box 40263 Nakawa Kampala ndash Uganda | Tel +256 414 532 393| Email infotradefitinsightsgroupcom | wwwfitinsightsgroupcom|www

Infotradeconnectcom|

Weekly Market Insights Report

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A product of FIT Insights Group with offering average market prices across 25 market point covering a total of 45 commodities subscription Call +256 414 532393 |

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INFOTRADE MARKET INSIGHTS

MARKET REVIEWS

Introduction Commercial goat farming business is not a new idea People are

raising goats for profit from a long time ago Goats are suitable for commercial milk

meat and mohair production Goat meat is very tasty healthy nutritious easily

digestible and has a huge demand and value in the local and international market

More than 60 per cent of the red meat that is consumed throughout the world is the

goat meat Goat milk also has huge global demand and value Goat milk is enriched

with essential nutrients and less on its lactose count Some goat breeders also raise

goats for fiber production Goatrsquos fiber is known as mohair which is very valuable

and has high value in the international market Nowadays more and more people

are trying to establish a sustainable business And commercial goat farming

business can be a perfect one There are numerous new and established goat farms

available countrywide Before starting goat farming for profit always consider your

local facilities and think everything related to this business wisely

Breeds of goats reared in Uganda

The Small East African Sea which weigh between 20-25 kg It is mainly found in extensively Northern and Eastern short savannah ecological areas

and the drier areas of Buganda in the areas of Luwero Buruli Bulemezi and Bugegere

The Mubende Goat a large animal of 30-35 kg live weight renowned for its popular skin on the international market Its skin is called the Kampala

Skin in trade circles The breed is concentrated in Mubende District

The Kigezi goat which weighs between 25-30 kg Itrsquos typical ecological niche is in the areas Kabale Kisoro and Rukungiri

The Boer Goat is from South Africa and a mature female weighs about 60-75 kg live weight and the mature male weighs about 90-100 kg live

weight The goat has a cream-white body with a reddish-brown head The breed has a high milk yield and adapts well to semi-arid conditions Its

carcass dressing percentage is relatively high and its skin has excellent quality for leather manufacture

GOAT KEEPING IN UGANDA

Figure 1 Cross breed goats






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Feeding of goats Goats are good feeders in that they will eat anything on offer

They require a mixed diet (grasses legumes shrubs tree leaves crop residues and weeds) in order for them to receive a balanced diet and to

reduce the effects of poisonous plants should there be any in the feed

Goats prefer clean fresh or well-conserved forage

Goats will not eat dirty wet or rotting feed

Give little feed at a time to avoid wastage

Figure 2 Small East African Sea Goat

Figure 3 Boer Goat

Goats are browsers and will prefer to feed on small trees and shrubs as their basic diet

If Goats are housed tie feed on pegs side poles and roof or on horizontal beams from which branches are tied

Goats are selective and will always prefer to eat the better parts of the feed Young shoots and fleshy leaves are preferred

Goats are able to eat and utilize certain plants that are not utilized by other livestock species like sheep and cattle

Goat feed is made up of 74 tree and shrub leaves and 26 grass

Source httpfortuneofafricacomuggoat-farming






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Supplementary feeds for goats

Sweet potato vines

Banana peelings

Protein supplements

Sunflower cotton seed cake soya meal and bone meal

When is supplementary feeding a must Supplementary feeding is a must in the following circumstances

All Goats during periods of pasture shortagedry season

Sick animals

Pregnant animals in the last six weeks of pregnancy

Mothers after kidding in the first 4 weeks of lactation

Kids before weaning and up to 5 weeks after weaning

Goats being prepared for the market

FORAGE SUPPLEMENTS FOR GOATS When planning for forage supplementation it is prudent to always remember that a goat enterprise

generates cash income from the sale of surplus kids and cull adults To be economically viable meatmilk Goats must get most of their required

nutrients from forages

Protein supplementation may take many forms

Fresh legume fodders eg lablab leucaena calliandra gliricidiaetc

Legume hays eg all dried forms of lablab leucaena calliandra gliricidia

High protein supplemental agro-industrial by-products such as cottonseed and soybean meal

Adequate energy is important for good conception rates milk flow and kid growth rates High-energy supplements include

Maize Rice or Wheat Bran

Goat Pellets

Source httptheagribusinessmagazinecomsteps-for-starting-a-goat-farming-business






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PRICE TRENDS

Figure 2 Source httpagmisinfotradeugandacomreportpricecomparison

Following the historical trends of the past four months (January to April) the prices of goat meat have slightly reduced both wholesale and retail Wholesale has reduced by UGX 60 (UGX10050 to UGX9990) and also retail reduced by UGX 50 (UGX11700 to UGX11650)






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TABLE SHOWING AVERAGE WHOLSALE AND RETAIL PRICES OF KEY COMMODITIES






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WEATHER FORECAST






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If you have any questions about us market prices or about the weather in general please feel

free to drop us a line we would love to hear from you

E MAIL infofitinsightsgroupcom






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Feeding of goats Goats are good feeders in that they will eat anything on offer

They require a mixed diet (grasses legumes shrubs tree leaves crop residues and weeds) in order for them to receive a balanced diet and to

reduce the effects of poisonous plants should there be any in the feed

Goats prefer clean fresh or well-conserved forage

Goats will not eat dirty wet or rotting feed

Give little feed at a time to avoid wastage

Figure 2 Small East African Sea Goat

Figure 3 Boer Goat

Goats are browsers and will prefer to feed on small trees and shrubs as their basic diet

If Goats are housed tie feed on pegs side poles and roof or on horizontal beams from which branches are tied

Goats are selective and will always prefer to eat the better parts of the feed Young shoots and fleshy leaves are preferred

Goats are able to eat and utilize certain plants that are not utilized by other livestock species like sheep and cattle

Goat feed is made up of 74 tree and shrub leaves and 26 grass

Source httpfortuneofafricacomuggoat-farming






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Sweet potato vines

Banana peelings

Protein supplements




Sick animals














Goat Pellets







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WEATHER FORECAST






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Sweet potato vines

Banana peelings

Protein supplements




Sick animals














Goat Pellets







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WEATHER FORECAST






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Weekly Market Insights Report - Infotrade...

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