Are Deer Farms Profitable? | United Country Real Estate

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December 12, 2022
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Planning to take your business into deer farming? Check out this guide from United Country Real Estate.

Are Deer Farms Profitable? Everything You Need to Know About Deer Farming

How Much Does It Cost to Start a Deer Farm?

Deer farming can be a very profitable business, but it must be a significant investment. The cost of buying and raising deer can vary widely, depending on the type of deer you want to raise and the facilities you need to build or rent.


There are three programs in a deer farming business idea: a small-size, a mid-size, and a large deer farm. You can also choose backyard deer farming or commercial deer farming.

The constant cost across the three deer farming programs are:

  • Cost of fencing: Roll (300 feet) of 8-foot fence priced at $365, 10-foot T posts + clips = $9/post, 3/8 inch pipe costs at $1.25/ft., 12-foot gates that cost $195, guillotine gates at $150, water tanks at $36, and feed troughs at $50

  • Cost of insurance: 2% - 2.5% of the value per year

  • Dart guns for administering medications and anesthetizing deer for veterinary care cost $300 to $3,000.

Here is a breakdown of some costs associated with starting a deer farm or breeding domesticated deer:

The cost of buying deer

Raising deer can be overwhelming, but when you have enough knowledge of deer farming and how you can manage the costs and sales, you will understand that it can be profitable.

Depending on the type of deer you want to raise, you can expect to pay anywhere from $500 to $5,000 per deer. If you are planning to breed deer, you will need to purchase a buck and a doe (female deer) of the same species.


The cost of building a deer farm

Deer are one of the most beautiful wild animals and deer farming can be a lucrative business. Starting raising deer will cost you at first, but once you get used to the ebbs and flows of the deer market, you will be able to recuperate the cost of building a deer farm. If you are planning to build your own deer farm, you will need to factor in the cost of construction.

This can range from a few thousand dollars for a small operation to tens of thousands of dollars for a larger farm. Raising deer commercially will require a larger amount of investment.


The cost of renting a deer farm

You can start raising deer even if you don't own land for deer operation. If you don't want to build your own deer farm, you can rent one. The cost of renting a deer farm will depend on the size of the farm and the location. Take note that regulations vary from one state to another for deer farm rentals.


The cost of feed and raising deer

To raise deer that guarantees a return on investment, you will also need to learn about what deer farming offers and requires, including marketing strategies. Deer need to eat a balanced diet of hay, grains, and vegetables.

The cost of feed will vary depending on the type of deer you are raising and the size of your operation.


The cost of fencing

You will need to fence your deer farm to keep the deer from escaping and to protect them from predators. The cost of fencing will depend on the size of your farm and the type of fence you choose.


The cost of veterinary care

Deer are susceptible to some diseases and parasites. You will need to budget for regular veterinary care, including vaccinations, deworming, and tick and flea control.

As you can see, there are some costs associated with starting a deer farm. But, if you are prepared to make the investment, deer farming can be a very profitable business.

What Are the Operating Costs of a Deer Farm?

While deer farming is gaining popularity in rural America, it also has its own advantages and disadvantages dictated by how well you run your deer farm and care for the deer.

Here's a rundown of some main costs you can expect to incur in raising deer:

Land

You'll need to purchase or lease land on which to raise your deer. The cost of land will vary depending on the location and size of the property.

Fencing

A deer farm needs to be properly fenced in order to keep the deer contained. The cost of fencing will also vary depending on the size and type of fence you choose.

Deer

Of course, you'll need to purchase deer for your farm. The cost of deer will vary depending on the breed and age of the deer. The best breeds for commercial deer farming are Fallow, Sika, Red Deer, Trophy Whitetail, and White Red Deer.

Feed

The cost of feed will again depend on the type of feed you choose and the size of your herd.

Veterinary Care

You'll need to budget for routine and emergency veterinary care for your deer. These are just some of the main operating costs you can expect to incur when starting a deer farm.

How Many Deer Can Be Raised on a Typical Deer Farm?

Deer farming is a big business. In the United States, deer farmers raise an estimated 1.5 million deer on 6,000 to 7,000 deer farms. The average deer farm has about 100 deer.

But deer farms can range in size from a few acres to several thousand acres. Deer farming is big business because deer meat is a healthy, low-fat alternative to beef.

Deer meat is also high in protein and iron. And deer velvet, the soft, furry covering that grows on a deer's antlers, is used in traditional Chinese medicine.


So, how much money can you make from a deer farm?


That depends on a number of factors, including the size of the farm, the type of deer you raise, and the products you sell. For example, a farm that sells live deer can expect to make about $1,000 per deer.

But a farm that sells deer meat can make up to $4,000 per deer. And a farm that sells deer velvet can make up to $8,000 per deer.

Of course, you have to factor in the cost of feed, fencing, and other expenses. But if you do it right, deer farming can be a very profitable business.


Key Takeaway: Deer farming can be a very profitable business if done correctly.

What Is the Market for Venison and Other Products From Deer Farms?

If you're looking for an investment that could be quite profitable, you might want to consider a deer farm. Deer farming can be a great way to provide a steady supply of fresh, healthy venison for your family or to sell commercially. And it's a prime source of income.

The market for venison and other deer-based products is growing steadily, making deer farming a great business opportunity. Of course, as with any business venture, there are some things you need to consider before getting started.

For instance, you'll need to make sure you have enough land to support a herd of deer, and you'll need to be prepared to care for them properly. But if you're willing to put in the work, a deer farm can be a very profitable business.

Are There Any Government Incentives For Starting Or Operating A Deer Farm?

Thinking about starting a deer farm?

You might be wondering if there are any government incentives that can help you out. The answer is maybe.


It depends on what country you're in and what type of incentive you're looking for. For example, in the United States, there are programs that offer financial assistance for farmers who want to start or expand their deer operations. Check out the list of farmer grants from USDA

FAQs in Relation to Deer Farming Business

How much money can you make breeding deer?

There is no definitive answer to this question as it depends on a number of factors, including the size and location of the farm, the type of deer being raised, and the management practices used.

However, deer farming can be a profitable venture if done correctly.

Is a deer farming business worth it?

There is no definitive answer to this question as it depends on a number of factors, including the size and location of the farm, the type of deer being raised, and the market for deer products.

In general deer farming can be a profitable venture if done correctly.

How does a deer farmer make money?

Deer farmers make money by selling deer meat, antlers, and other products that they produce. Commercial deer farming also includes the production of lean meat, fresh meat, or venison. 

All of these are considered high-value products from deer farming. The great consumer demand for venison makes deer farming a highly profitable venture.

How many acres do you need to farm a deer?

Generally speaking, it takes between 1 and 2 acres to farm a deer.

But there really is no definitive answer to this question since it still depends on some factors, including the type of deer being farmed, the climate and terrain of the farm, and the farming methods used.

Want to Start Deer Farming?

When you learn the correct ways to manage a deer farm, you will gain profits that can be more than you expect.  Although there are a lot of costs needed when starting a deer business, there are several financing options to help you.

Our experienced professionals in United Country will gladly help you in finding the best solutions for your deer farm.


REFERENCES:

https://extension.okstate.edu/fact-sheets/the-economics-of-deer-farming-startup-costs-and-yearly-maintenance-costs.html

https://modernfarmer.com/2014/02/deer-farming-next-adventure-agriculture/

https://extension.okstate.edu/fact-sheets/the-economics-of-deer-farming-startup-costs-and-yearly-maintenance-costs.html#:~:text=The%20%E2%80%9Cstart%2Dup%E2%80%9D%20scenario,excess%20of%20%2410%2C000%20per%20doe.

https://deerfarmer.com/t/start-up-cost.6253/