The commercial production of high-grade cattle feed market in India is considered a profitable business. As the demand for cattle feed is rising, the prices are also going upward. One can earn lakhs with the cattle feeding profitability.
Cattle Feeding
Cattle feed includes wheat bran, extraction of groundnut (cake), rice bran extract, maize, ground wheat, cottonseed bran, cottonseed molasses, vitamin mix, salt mineral mix, etc.
Cattle Feed Business Plan
The total expense or capital required in the cattle feed business is around Rs 7 lakh to 15 lakh which would include raw material storage, transportation, etc.
Cattle Feed Manufacturing Process
The manufacture of plant set-up is a one-time investment. The machines, blenders, and equipment need to be of good quality. This would ensure a steady supply of ingredients for the production of the feed.
The land requirement to set up the manufacturing plant is generally very low and is attainable at a very low cost in rural areas. One can use the barren land also, which has no value in rural areas, for setting up the manufacturing unit.
All in all, around Rs 5 lakh is required for the entire setup of the manufacturing facility. There are several state and central government schemes which support the construction of these units. Also, there are easy loan schemes available.
Cattle Feed Business Legal Requirements
Get a trade permit.
Get an NOC (No Opinion Certificate) through the State PCB (Pollution Control Board).
Determine whether VAT is required or not.
Get your company registered
Make an application to MSME for completing Udyog Aadhaar Online registration.
Submit an application to the BIS Certification (Bureau of Standards) for the ISI mark.
Register your trademark, and safeguard your brand's name.
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Profit Margin in Cattle Feed Business
1. Pearl Millet Cattle Feed
Production price: Rs. 512.31 per quintal
Market price: Rs 18577.54 per quintal
Nutritional value: Crude protein ranges from 9% to 11% in unfertilized soils. It includes calcium, iron, energy
2. Maize Cattle Feed
Production price: Rs 3750 per ton
Market price: Rs 20,000.00 - 25,000.00 per ton
Nutritional value: It includes carbohydrates, 8-10% protein and 60.0% total digestible nutrients.
3. Cowpea Cattle Feed
Production price: Rs 40000 in 1.5 hectare
Market price: Rs 2 Lakh in 1.5 hectare
Nutritional value: It includes fibers, plant-based proteins, vit (A, C, thiamine, riboflavin, folate, B6), iron, selenium, zinc, magnesium, phosphorus, copper
4. Barley Cattle Feed
Production price: Rs 5323 – Rs 8649
Market price: Rs 17466
Nutritional value: Moisture content is 7 times higher, crude protein is 3.4 times higher than in grain
5. Wheat Cattle Feed
Production price: Rs 200 quintal
Market price: Rs 750 quintal.
Nutritional value: It is more valuable than the straw.
6. Lucerne Cattle Feed
Production price: Rs 20 kg
Market price: Rs 600 kg
Nutritional value: It contains 18-22% crude protein and 25-35% crude fibre
7. Sorghum Cattle Feed
Production price: Rs 1383
Market price: Rs 3729
Nutritional value: It contains 330 calories, 10 grams of plant-based protein, 69 grams of carbohydrates, and 6 grams of dietary fiber.
8. Oat Cattle Feed
Production price: Rs 19966.9. per hectare
Market price: Rs 36000 per ton
Nutritional value: It contains 7-9% crude protein. It is very much relished by horses, sheep, poultry, and equines.