Dwight Aakre , Farm Mangement Specialist NDSU Extension Service Raising buffalo has changed from a novelty enterprise to a profitable one. Buffalo may be marketed for their meat and by-products, for recreational hunting, and as breeding stock. Some also believe that this means the meat is lower in cholesterol, though this has not been proven.
Some consumers prefer the taste of buffalo over the taste of beef or pork.
Other valuable by-products from buffalo include mounted heads, skulls, and hides. Buffalo also may be marketed for recreational hunting. The value of buffalo as breeding stock varies considerably, depending on health, age of animal, and bloodlines. Characteristics Buffalo are herd animals. In the wild, bulls will form separate herds or bachelor groups and join with the cow herd only during the breeding season.