How to make money from rabbit farming business?
Rabbit farming business is one agribusiness that has been overlooked by most farmers for many years, this could be due to lack of circulation of information about rabbit farming.
The good thing is, the profitability of rabbit farming business has been proven over time and it is also easier to start and manage when compared with other livestock such as poultry or pig.
Here, we will be looking at different ways rabbit farmers make money from rabbit farming business. You will be surprised to understand that, unlike in other livestock, every aspect of rabbit farming is income-generating.
You heard that right; even the urine is a source of income. Ways of making money from rabbit farming are quite numerous but because they are less farmed animals, most people don’t pay attention to them.
Here are different ways to make money from rabbit farming business
So, here is it, if you want to make money from rabbit farming business, the number one thing you will do is to get a fast-growing breed.
If you want to make money from rabbit farming business, your first step is to get a fast-growing rabbit breed.
The reason is that they will mature early enough for you to sell them fast.
They give birth faster also and the new ones can grow to maturity with four months after which they too are ready to give birth.
Their circle is fast, the same way, your circle of making money will be faster, So, which rabbit breed is best for rabbit farming in terms of growing fast and making money?
The New Zealand Rabbits, American Chinchilla and Good Harlequin are fast-growing breeds.
Dutch is unique and kept for its good mothering ability (Most breeders keep them as backups and foster others)
So as a farmer who is looking at making profit, your farm should contain a consortium of:
- Fast Growing breeds
- Good mothers
- High littering breeds
- Disease resistant breeds
- High adapting breeds
I can tell you as a farmer that no breed combines perfectly all these qualities; therefore, most farmers utilize many breeds to produce Hybrids (Which are more vigorous and combine these characteristics in a certain ratio)
There is a fast-growing “breed” in Nigeria (Developed by Eurolap in France) called HYLA. Hyla is not yet classified as a breed. It’s a HYBRID developed from other fast-growing breeds.
Hyla is fast-growing breeds and can achieve as much as 3kg+ in just 4 months.
Another way to make money from rabbit farming is by selling your rabbits when they mature.
This is the major way most farmers make money from rabbit farming business, but there is more, you can train your rabbits to maturity, sell and make money.
What you have to note here is that you don’t just sell because your rabbits are mature, you should always monitor the market.
Every market has time the demand for a particular product is high, this time is when you do more of selling. Don’t sell all your breeding stock, there should ones left for the continuity of your farm.
You can make money from rabbit farming business by selling processed rabbit meat
Many people do not know that rabbit is more nutritional than goat meat, beef, pork and chicken.
The meat of rabbits with all its qualities is good for consumption. Rabbit meats can be processed in many ways. The meat is acceptable and easy to prepare…..
You can either defur by burning the fur, scalding and removing it manually or skinning the rabbits.
Rabbit meats can be prepared in many ways, some of which are:
- Pepper soup
- Sausage etc…..
Rabbit meat can go 2 meals for a medium-sized family (Imagine how many kilos of chicken you would have to buy to do that).
Live weight of 2.5kg can be sold at 3-5k (depending on your market) for meat.
You can also make money from rabbit farming business by selling the rabbit fur
Selling rabbit fur is one of the many ways to make money raising rabbits.
Rabbit hair is called FUR, It is also called cony, coney, comb or lapin. It is most commonly used in the making of fur hats and coats and is considered quite valuable today.
The fur of rabbit is another angle of money. After skinning the rabbit and selling the meat, you can sell/use the skin for other purposes.
The skin of rabbits is used for:
- Home Decors
Australian seal, Baltic leopard, Baltic tiger, Baltic black fox, Bluerette, French cony and Meskin are all products of rabbit fur.
You can also sell the Hocks: The hocks of rabbits (with the fur) are used as key holders when painted and colored.
You can also make money from rabbit farming by selling waste products from your rabbit farm
You see in rabbit farming business; you can sell anything and everything at any point. The waste products of rabbits are not waste at all. All wastes from Rabbits can be easily recycled into another system.
- Rabbit poo: In many places, you are not allowed to call them poo, dungs, shit or wastes because they are too qualitative and expensive to be tagged as such.
Rabbit poo serves as manure. These are manures that do not need composting before usage. They can be supplied to the field directly from the cage. Vegetable farmers and other crop farmers seek for poo to improve soil quality and promote crop yield.
- The Urine: This is another very useful product from rabbits. Urine can be collected and stored. It is used as:
- Fertilizer and
Concentrated rabbit urine is a highly demanded product, it is rich manure for crop farming. you can sell the urine to urban/rural farmers
You can also make money by selling their offspring (kits)
Rabbit babies are called kittens or kits. Kits are born with their eyes closed, and completely naked.
If you had fed and managed their mother well, your kits will all be healthy and looking strong.
At a tender age, rabbit requires adequate care and proper handling
They can be sold at that young age to other farmers who need them to start up or for other purposes.
Another way to make money from rabbit farming is by rearing rabbit as pets to sell
Pet rabbits are quite more expensive in the market, they are loveable, smart and nice to be with, they are also cosy to touch therefore most people love to have them as pets.
You can make money from selling live rabbits as pets but you need to first, learn the act of caring for the rabbits because pet rabbits need more care and attention than the normal meat (purpose) reared rabbits.
You can also make money from rabbit farming business by selling breeding stock to other farmers
One thing you have to note in any agribusiness is that; there are no limitations to where you can make money from in such agribusiness.
To make money from selling breeding stock to other farmers, you must have a very large farm, you can become a major supplier of rabbit breeding stock to other farmers.
Additionally, you can make money from rabbit farming business by raising rabbits for medical purpose
Rabbit isn’t only used as meat, doctors and pharmaceuticals need rabbit for medical research. this is also another means of making money from rabbit farming business that is not popular among rabbit farmers.
So, you have the opportunity of making money by selling your rabbit to them. The most important thing is that you get paid for the services you render.
You can also make money from rabbit farming business by offering veterinary services
Experience they say is a good teacher, being in rabbit farming business for a while affords you the experience to understand rabbits, their needs and behaviour.
This experience can be put to use by offering veterinary services to other rabbit farmers or intending rabbit farmers.
If you know how to administer drugs and vaccines to rabbits, you can also sell that service to rabbit owners.
It is also important to note that this means of making money from rabbit farming business is not popular because there are very few rabbit farmers so you can rarely see farmers offer vert services.
In wrapping up, to make money from rabbit farming business, you need to first start with Fast-Growing breeds like the New Zealand, American Chinchilla, and some Dutch as back up for fostering.
You can make money from rabbit farming business by selling your rabbits when they mature, selling breeding stock to other farmers, rearing rabbit as pets for sell, selling their offspring (kits).
Other means of making money from rabbit farming business include; offering veterinary services, raising rabbits for medical purpose, selling rabbit waste products, selling the rabbit fur and selling processed rabbit meat
The truth about most agribusiness is that if you must succeed, you need to; Learn the business and the production, set your target and don’t trade it for anything.
See every failure as a step forward to achieving success, Be sensitive to the rabbits and Create or find your Market and hit it