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Exotic Prices?
#5425454
11/17/14 05:31 AM
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Joined: Sep 2014
Posts: 267
Kobus
OP
Bird Dog
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OP
Bird Dog
Joined: Sep 2014
Posts: 267 |
Hey guys, I've been wondering, are exotic prices going to continue to blow up over the years? Some of them IMO are ridiculous, but that's to me at least...What factors are causing it? What factors would cause prices to go down? For example I shot my Nile Lechwe bull four years ago for half of what most outfitters are asking for them now...same story with my Waterbuck, Red Lechwe, White-Bearded Wildebeest, Springbok, Dama Gazelle, etc. and the biggest price difference? My fallows and sikas. I've seen fallows going for 6k-7k! What species will go up price wise?
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Re: Exotic Prices?
[Re: Kobus]
#5425480
11/17/14 05:57 AM
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Joined: Nov 2011
Posts: 6,841
BBD84
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 6,841 |
If people continue to pay it the prices will continue to rise, you cant find an axis doe alive right now for less than $450 95% of the time but everyone wants them at $300 to hunt. Fallow prices are crazy right now but i think that will slow down in the next couple years and get back to normal in line with everything else.
Texas Elite Outfitters. 281-924-9720
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Re: Exotic Prices?
[Re: Kobus]
#5425513
11/17/14 06:39 AM
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Joined: Sep 2010
Posts: 916
PBGSO
Tracker
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Tracker
Joined: Sep 2010
Posts: 916 |
I have been selling some axis doe for 300.00 350.00 it's easier to do the hunts in the offseason though. I really haven't had my usual calls for axis though. It's been elk cows and bison cows. And they are sky high very high demand almost impossible to find them. The meat market is high. I think the fallow will be high for a while and the market as a whole will be high and even higher for a while. Supply and demand. I hunt on 40-50 ranches and the supply is low. Compared to where fallow are hunted elsewhere in the world Texas has been cheap.
When I have other ranches calling me looking for animals and will pay me close to what I am charging the market is high because I know they are marking those animals up. The oilfield has driven a lot of the spike lots of money floating around and honestly I don't know that the prices will go down. Think about ebola the African market is going to take a hit over that and I think more people will be looking to hunt Texas the next few years because of that. The only way it may change is if the oilfield shuts down. So I think get ready for even higher prices on pretty much everything.
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Re: Exotic Prices?
[Re: Kobus]
#5425805
11/17/14 02:54 PM
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Joined: Nov 2014
Posts: 7,788
Mr. T.
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2014
Posts: 7,788 |
I have two not so intelligent questions, (stupid,). 1 when speaking of black bucks, what does the term "barn ready," mean? Two, what is the going rate for me to be able to buy a starter herd of two bucks and 4 does.
Cabin rental in Pagosa Springs, Co. Sleeps 10, If interested please PM me.
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Re: Exotic Prices?
[Re: Mr. T.]
#5426124
11/17/14 04:24 PM
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Joined: Aug 2008
Posts: 14,950
don k
THF Celebrity
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THF Celebrity
Joined: Aug 2008
Posts: 14,950 |
I have two not so intelligent questions, (stupid,). 1 when speaking of black bucks, what does the term "barn ready," mean? Two, what is the going rate for me to be able to buy a starter herd of two bucks and 4 does. Barn ready is usually already caught and price depends on age and look. And probably be better to only get one male unless they are young.
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Re: Exotic Prices?
[Re: Kobus]
#5426152
11/17/14 04:33 PM
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Joined: Aug 2011
Posts: 12,547
chital_shikari
Minor in training
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Minor in training
Joined: Aug 2011
Posts: 12,547 |
Lol my dad often says this: "Everything is going up(cost) except for my paycheck."
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Re: Exotic Prices?
[Re: Kobus]
#5426302
11/17/14 05:23 PM
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Joined: Mar 2014
Posts: 1,985
TonyinVA
Pro Tracker
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Pro Tracker
Joined: Mar 2014
Posts: 1,985 |
Hey guys, I've been wondering, are exotic prices going to continue to blow up over the years? Some of them IMO are ridiculous, but that's to me at least...What factors are causing it? What factors would cause prices to go down? For example I shot my Nile Lechwe bull four years ago for half of what most outfitters are asking for them now...same story with my Waterbuck, Red Lechwe, White-Bearded Wildebeest, Springbok, Dama Gazelle, etc. and the biggest price difference? My fallows and sikas. I've seen fallows going for 6k-7k! What species will go up price wise? Simple case of supply and demand....and the health of the overall economy (by that I mean people have disposable income to spend on things) ...... at that is my view.
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Re: Exotic Prices?
[Re: Kobus]
#5426411
11/17/14 06:07 PM
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Joined: Feb 2005
Posts: 7,947
Curtis
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2005
Posts: 7,947 |
I think it really started to hit after 2011 and when we had the drought over a large area of Texas. That drought along with a demand that was already high for the hunts, created a time for ranches to sell a lot more stock than normal. The supply is just not there today because ranches were selling young stock and too much of it was sold. When you sell off your yearlings and too many of them, you just don't recover that in 3-5 years to have enough for the trophy demand that has picked up since then. The oil field is slowing a little bit but as soon as the price per barrel goes back up they will pick up on drilling and entertaining even more. It's still hot, just not where it was a year ago for my area.
Last edited by Curtis; 11/17/14 06:08 PM.
Double Arrow Bow Hunting www.doublearrowbowhunting.comBow hunters welcome! Whitetail-Axis-Blackbuck-Fallow-Barasingha-Scimitar Oryx Located in Gonzales County. Visit our Facebook page for current updates!
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Re: Exotic Prices?
[Re: Kobus]
#5427810
11/18/14 03:24 AM
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Joined: Dec 2009
Posts: 721
Txnrog
Tracker
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Tracker
Joined: Dec 2009
Posts: 721 |
I think Curtis is spot on. The market moves on supply and demand like any other market. We just happen to be in a down cycle of supply and an up cycle in demand. It will reverse at some point.
IMO the oilfield $ has brought a lot of demand for trophies, but it's also hit stockers as well. You have more fences going up east of I-35, and a number of the larger places getting broken into 100-500 acre tracts and a fence has almost become a given on a place that size. This is effectively creating more habitat (demand) for exotics. It's not hard to pick out the guys who just bought one of these ranchettes at the big auctions
I think the whitetail industry has also helped this trend as well since you can have exotics and big deer on the same property if you are buying the big deer - so it's not entirely an either/or question (though not entirely sustainable).
As with anything else, this cycle will change. I remember prices on bigger animals in the drought years were ridiculously cheap - you could hardly give away stuff like elk cows, red stag, eland, Pere David's etc - that was less than 3 years ago, so you can't say this is a sustained boom to any extent yet.
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Re: Exotic Prices?
[Re: Kobus]
#5434150
11/20/14 11:44 PM
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Joined: Sep 2014
Posts: 267
Kobus
OP
Bird Dog
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OP
Bird Dog
Joined: Sep 2014
Posts: 267 |
Thanks guys. What do you expect things to go up to?
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Re: Exotic Prices?
[Re: Kobus]
#5434182
11/21/14 12:02 AM
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Joined: Aug 2008
Posts: 14,950
don k
THF Celebrity
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THF Celebrity
Joined: Aug 2008
Posts: 14,950 |
Thanks guys. What do you expect things to go up to? IMO there is no way to predict a price. The market will. It will get to a price and when animals quit selling for that price the market will go down. Quality animals will always command good money. Certain types of Exotics will always be expensive. It is all cycles. Some get hot like the large birds did. Pot bellied pigs were hot for a while. Right now Ibex are. Who knows what the next hot Exotic will be. If you do you can make good money but if you get in too late you can loose your rear.
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Re: Exotic Prices?
[Re: Kobus]
#5434451
11/21/14 02:41 AM
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Joined: Nov 2012
Posts: 173
bghunter3
Woodsman
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Woodsman
Joined: Nov 2012
Posts: 173 |
I know for me the price of hunting free range non exotic game such as elk mule deer moose etc has gotten so expensive it has basically priced me out of hunting them so I have started to look at exotics
I know you can go diy for some species, but there is a reason that does not work for me, so I have switched to exotic and even out of the country
Plus I really like texas
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