How much does a cashmere goat cost?
The price of Cashmere fluctuates in a range of $120 to $190 per pound, and is currently selling for $190+. The demand is excellent and with the Chinese stocks at the lowest they have ever been looks to be stable at these prices. Cashmere goats are easy to raise. They are healthy animals and take only minimal care.
Are cashmere goats profitable?
Raising cashmere goats in the U.S. is a challenge, given how much cheap fiber is available from China. … It appears to be the only one of 500 cashmere-producing goat ranches in the country to eke out more than a meager profit. This debt-free operation netted the couple $157,000 pretax on revenue of $475,000 last year.
Can cashmere goats live in America?
Cashmere goats are relatively new to the United States, with over 60% of the world’s cashmere being produced in the East. Cashmere goats were imported into the US from Australian in the late 80s and are a new and rising industry. Cashmere goats are easy to raise, healthy and take minimal care.
How much does cashmere sell for?
Cashmere products can range from as little as $40 to as much as $2,400. Cashmere made with Mongolian goat wool is considered the highest quality, having the longest and most resilient fibers. Buyers should beware of counterfeit cashmere or “cashmere blends,” which may be lower in price but not made of 100% cashmere.