If your passion really lies in breeding horses for profit, then you can look for the more profitable breeds such as Friesians, Fell Ponies, Gypsy Cobs, and Vanners. 2. Sheep When it comes to financial rewards, you can never go wrong with raising sheep. You can make money with sheep in different ways. Livestock Guidelines: Breeding Horses Horses are one of the most expensive livestock animals raised by farmers especially during these days. That is probably because horses can serve varied purposes from farm assistance, to transport, to recreational and gambling activities. Through the years, mankind has always treated them with utmost importance. Farmers practice inbreeding by mating animals that are closely related to each other. This method produces a pure breed of livestock. Livestock owners select animals for inbreeding by studying their pedigrees, which list the traits of animal s ancestors. Livestock that are closely related to each other have similar genes, which are transmitted to their offspring. Worth noting however is the existence of a few at risk wild yak population. Domesticated yaks are raised for their meat, dairy products, and fiber. Their dried manure is also a significant fuel source; sometimes it is the only available fuel in the Tibetan plateau. Donkey Donkeys are raised for their durability and vigor. That is why they are sometimes domesticated to help farmers in rural areas carry out rigorous farming tasks. In other parts of the world, Andalusians are used as a good means of transportation. A horse rider can easily ride its back and maneuver the direction. Some put carts into the horses' backs so a number of people and some merchandise can be accommodated. This staggering amount has created allied industries worth billions of pesos as well. 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.