Having a diversified farm enterprise is the modern day equivalent of the old adage, “Don’t put all your eggs in one basket.” The advantage of being diversified is obvious. If one market is depressed, another may not be. By being able to address two, or more, markets you are in effect reducing the risks in one of the most risky professions in the world. Sheep are the original diversified livestock. While that ewe is raising her pair of lambs destined for the slaughter house, she is also growing a fleece that will be sold to a totally unrelated market: the woolen mills.