By. Keep in mind that average cow cost will vary within different areas, so you may pay more or less than the prices estimated above. Though there is no clear history of cattle rearing in Nigeria, it has been reported that there was a total of 10 to 11 million cattle in the early 1970s. If you want to know the current prices of livestock commodities in Nigeria, you are on the right page. Wudil cattle market, Kano Home Articles Current Prices of Cows in Nigeria, 2021. However, in the late 1970s, the number reduced to about 8.5million as a result of the severe drought that occurred between 1972 and 1973. If you are yet to get your ram or cow for this year's Eid-el-Kabir, this might be a good time to do so. In the case of cattle farming in Nigeria and how lucrative it can be, a simple check on the rate of cow meat consumption in Nigeria is a testament of how lucrative the business can be, a report once revealed few years back that in Lagos of Nigeria alone, about a hundred thousand (100,000) cows are slaughtered on a daily basis. Rearing of goats, cows and domestic birds like chickens is very common in Nigeria. Steers, Cows etc.. as well as various different weights, conformation and fact scores. Cattle farming is another lucrative livestock rearing option. Based on $550 annual cow cost, 88 percent calf crop and $180 per hundredweight average price for a 525-pound calf over seven production years, a $2,150 cow… The selling price of a fully grown market size cattle is currently estimated at N200,000. You'll pay less for a smaller cow, and more for a larger cow. From time to time, need arises for one to purchase cow […] However, it is a capital-intensive business venture. Cattle rearing and business is highly profitable and lucrative in Nigeria. 3. Starting a cattle farming business in Nigeria is a good business opportunity that could result in good profits if given a try with effective strategies as explained above. We wish you best of luck! Rearing of cattle is an occupation and business so much identified with the Fulani ethnic group in Nigeria. Current Prices of Cows in Nigeria, 2021. PS; This post could be downloaded as PDF ( Cattle Farming & Rearing in Nigeria (how to start and make money) ) I love you. Below are the prices of commodities or products such eggs, live and dressed chicken, live and dressed beef, live and dressed pork, live and smoked fish, Day Old Chicks (DOC), Point of Lay, Old Layers and manure in different regions within Nigeria. The tool will then use this information to calculate the expected value based on the most recent reported prices. Cattle farming. 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