Research Journal of Biological Sciences
ISSN: Online 1993-6087ISSN: Print 1815-8846
Abstract
This study was conducted to investigate the economics of raising local goat in Jordan. The aim of the study is to determine if a business opportunity from goat raising is possible, practical and viable. Such study provides producers with information as to whether or not they can afford to do raise local goat as well as to successfully operate their business. Three important and traditional discounted financial indicators were used in the study, they are the Net Present Value (NPV), the Internal Rate of Return (IRR) and the Benefits to Costs ratio (B/C). The results of the study showed that all the indicators for financial feasibility analysis used in the study were positive and accepted. The study also investigated the impact of feed costs, market selling price and flock size on the profitability of this kind of investment. The results revealed that feed cost is with negative impact on local goat raising activity. In the other hand, both market selling price and flock size are with positive impact. This means that raising of local goat in Jordan is financially a feasible activity to be adopted. The study results encourage the internal and external investors to invest in this activity in Jordan. Further studies are needed in this area of investigation in Jordan.
How to cite this article:
Ebraheem Altahat, Ali Al-Sharafat, Bassam Al-Deseit and Moatasem Massad. Economics of Raising Local Goat in Jordan.
DOI: https://doi.org/10.36478/rjbsci.2011.146.152
URL: https://www.makhillpublications.co/view-article/1815-8846/rjbsci.2011.146.152