|Posted on Tuesday, April 15, 2003 - 02:51 pm: |
I have been reviewing several past post on deer markets and worth of animals. I have been in the industry for a few years now, and am planning on investing over $50,000 on new animals this year. I am not wanting to start a controversy discussion please, please. But I would like to see how others are in their managment program. It seems that the best background proven DNA, still brings in fair market price. I have seen any of my deer under 180" genetics has had a major price drop, and even a loss of interest to some buyers. I have seen alot less new people getting into the business ans I see that as a hit on sales also.
I started this for fun and still in it for fun, with the goal of extra income and hope to be able to do a few extra things in life.
I have heard of a few new people to the market in my area but not like it used to be.
I am interested in hearing what others think of the market and sales. Also what you have seen with new people in the markets.
I have place a few adds as of late and it seems 1 in 20 call and e-mails are serious about buying animals above $2500 and everyone wants one under $200.00. Why is this? I have even thought of not investing this year, but I know there are boarder issues and other issues that we are all dealing with. I even read a post that stated not to get new people into the business as it will hurt us in the long run. I strongly disagree with that stament.
Just asking for honest thoughts and feelings here not a bunch of market bashing.
I have posted here several time before but for now I will post Anonymous as I my get more people to feed back honestly
|Posted on Wednesday, April 16, 2003 - 12:21 am: |
There are many issues depressing the market right now, most notably CWD. Deer in the 180 class are probably best for shooters and should still get a fair price if you live in a state that allows hunt preserves. The biggest issue now is moving deer state to state. I've heard the price of shooters is really going up in Michigan for example, because they can't import anything unless it is 5 years CWD monitored. They have a lot of large preserves in Michigan and the shooter supply is low.
In the breeding stock market there is a big divide between the top 10% and the rest. A.I. is changing things as well - it is the easiest and cheapest way to get top quality genetics into your herd. You could spend $50,000 on a top buck and then have it die before it ever breeds. If you spent that much on semen, you would certainly get some results. But, having that top of the line buck on your farm certainly has advantages as well.
What state are you in? Ohio is the only open state right now for importing animals. You will be limited to your state for purchases other than semen.
|Posted on Wednesday, April 16, 2003 - 01:54 am: |
TB testing should be another factor considered.
We have been in the business for years, but have not started TB testing til recently.
Anyone who has more than a year or two invested in TB testing, will not want to buy from someone who is just getting started testing or who has not tested at all!
It is rather costly to TB test your deer if you have any herd size at all,
and if you don't sell a deer within 3 months of the TB test, you have to re-test them.
Plus you have to factor in Health Papers.
I'm sure there are going to be alot less does being used in breeding programs.
It's hard to justify keeping extra does around when there is no current market.
And what about all the young bucks (yearlings - 2 year olds) that everyone was planning on raising to sell to the hunting preserves...
if the preserves are not buying,
the bucks will soon get over crowded and start hurting or even killing themselves during the rut. It is definetly a buyers market, and you should have no trouble getting alot of nice deer for your $50,000.
|Posted on Wednesday, April 16, 2003 - 12:49 pm: |
Thanks for the 2 replys so far. I will be investing in top qualty does and semen. I know there is a market in top does as I have seen and sold a few. I have to disagree about the does. It seems the doe right now is the most valuable market price as semen prices are so much more resonable and A.I. tacking percentages sre on the rise. I feel I have had at least a 75% rate this year. I have seen that you can use the best buck that you can afford and if you do not breed a quality doe you still end up with bucks that are not at full potential. I like 8 to 10 point yearlings vers. 4 and 6 point yearlings. Not to say some of the worst yearlings can turn to best 2 yr. olds. But if deer come from a quality doe as well as buck the fawns sell a bit easier. Not to mention for a bit more money also.
But Sales all over are still down and I see farmers getting flustered as testing cost, paperwork and vet fees are on the rise. I know the market is like my 401k now. DOWN, but are their others that feel it will "boom" again??? AS I DO.