Question: Is it time to get out of Peafowl?

[texascowboy1979]

Question...

My dad has this saying, back in the day of Ostrich Breeding... We would sell ostriches for a good price, but then one year ostriches hit $20,000 a pair, needless to say, my dad sold them all for that price and decided that we should sell all our stock because once price hits a certain bracket, its time to jump ship before the market drops the price... the year after we sold out, the Ostrich market crashed to $300 a bird..

I just sold 6 Green peafowl and 1 Pied Male Indial Blue for $4,000.00

Im trying to decide if I should get into it again in the spring... or hold off for a few years...

ideas?

P.S. They guy made me the offer.. how could I say no...

 

[PeepsCA]

Wow, major bucks! Congrats on your sale, I woulda said yes to that offer too, lol.

I can't think of any reason NOT to buy a pair or 2 of new to you colors you have not bred before, so I say go for it... (you can always send the extras to me if you end up with too many, lol).

 

[chickenzoo]

If you raise any animal for any amount of time there is bound to be a loss in financial value sometime, if you keep them long enough. I keep the animals I have because I enjoy them. I enjoy my peafowl, so I keep them. The loss in value doesn't bother me as much as it would keeping an animal I didn't enjoy..... If I made any sense.

 

[MinxFox]

Yeah keep them if you like them. That is the real question you need to answer. Do you enjoy your peafowl? If you are getting kind of tired of peafowl you could stop raising them for a little bit and try something else, then you can always get back into raising peafowl if you feel like it.

 

[AugeredIn]

As a person who at one time made a living and, in fact, paid for an engineering degree breeding and selling reptiles, I can assure you that very few actually make money raising and selling peafowl when all costs are considered. It is like buying a boat to catch your own fish or hunting to save on the butcher bill. It sounds good, but it is way more expensive.

The bottom line is that it had better be something you enjoy first and foremost.

And the fact that I used what I was making to get an engineering degree tells you what I thought of the actual "living" i was making and the long term prospects. I was certain some of the restrictions we are seeing now were going to come sooner.

 

[coleridgedane]

Hey Cowboy! (I've always wanted to say that!) Nothings realling happening until spring anyway. Take some time thinking about it & then see if you want to get back in.