To get the most profits out of marketing your sheep or goats at a stockyard or public auction, here are the guidelines you must keep in mind: When breeding meat goats, consider getting colored goats because buyers prefer them over white goats. Sell your goats or sheep when the reported prices are low. Livestock for Profit Guide: Various Beef Cattle Breeds Beef cattle or beef cows are raised mainly for meat production. Their meat is cut into ground beef for sausages or burger patties, ribs, steaks, and roasts. Beef cattle is raised not just for meat, but also for other purposes. For example, the insides of the cattle are used as an ingredient for cosmetic and hair care products, while the hides are used as materials of leather products such as shoes and bags. These include, among others, feed milling, marketing and distribution, manufacture of veterinary drugs and supplies, fresh meat production, and a multitude of other foods, cosmetics and industrial products. These industries generate hundreds of thousands of jobs -from the small backyard livestock farmers comprising the bulk of the raisers to the workers of the commercial livestock or poultry farms and in all the allied industries. The goat s udder is also an indication of its ability to produce lots of milk. The best choice is a goat with a firm udder that does not have any bump or scar. Fiber Some goats are raised for their fiber, especially wool, mohair, and cashmere. The best fiber-yielding goats are Angora goats because they produce wool with a silky texture and beautiful appearance. Trailers tend to crack since they are typically stored outdoors and receive little maintenance. Check if there s any loose connection and if a wiring harness is present. 4. Check the lighting equipment on the trailer. Lighting components such as blinkers, brake lights, and tail lights should be inspected to make sure they are fully functioning. Your financial resources Raising farm animals can be costly, especially when the markets go awry or when your animals suffer from diseases. Make sure you have enough money to spare should unexpected expenses show up. Your time Being an owner of farm animals means devoting much of your time feeding your lambs, treating sick horses, and cleaning the barn, among many other tasks.