A ranch is an area of land, including various structures, given primarily to the practice of raising grazing livestock such as cattle, bull or sheep, etc for meat, milk and skin purposes. Ranches generally consist of large area, but may be of nearly any size. In the western United States, many ranches are a combination of privately owned land supplemented by grazing leases on land under the control of government at all levels depending on interest. If the land includes arable or irrigated land, the ranch may also engage in a limited amount of farming, raising crop for feeding the animals, such as feed grains and tuber crops for human consumption and by-produce can be used for animal feeds, and other livestock such as birds (geese, turkey) and goat.

Ranch As A Business to Venture Into:

With a population of over 160 million people and a growth rate of three-four per cent, there is definitely a huge market for beef and consumption in Nigeria, which gives players in the industry and investors a good playing field. It is the business of production beef, hides and skin, horn and hoof etc.

What Type of Ranch Do You Want To Run

Determining the type of beef cattle to raise is a first step in starting a beef cattle ranch. Carefully consider the market for the cattle. Some producers raise purebred cattle, they are primarily raised for meat or some build the ranch to lease it to Fulani herdsmen or cattle breeders, who pay commission to them based on agreed terms or a joint business with the following subsectors - attached mince meat processing plant, operating a cold room, meat delivery vans, operating an abattoir, bone meal processing plant, blood meal processing plant, hide and skin processing plant and horn and hoof processing plant. Some ranches specialize in organic or grass feed beef production for profit making.

Fact To consider Before Going Into Ranch Business

LAND:

Land is a vital factor in starting your cattle ranch. When selecting land for your ranch, you will need land that has grass for grazing, but you can plant grass with improved grazing grass seed. Water is also needed in form of pond or lake so that your cattle can drink. If not available, you can as well provide a borehole and create an artificial pond or lake for the cattle to drink from. It is preferred to have a borehole because it will be used for watering the grazing grass. Good land must also have shaded areas where your cattle can be protected from excessive sun, you can plant economic trees and build shields………. Continue

Source: Leadership

Page: 43

Date: 16th February, 2018