Alpacas are certainly a hot trend in investing right now. In the past two weeks, we have entertained no fewer than 7 groups of farm visitors interested in investing in alpaca breeding stock. So yes, the market for alpacas is still great and the number of alpaca farms is growing!
Traditional farmers are finally coming around to the benefits of raising and breeding alpacas. They already have the land and the animal husbandry knowledge. Those already in cattle or horses are coming around to the benefits to having alpacas as a way to diversify their operations. The Washington Post’s story, Old MacDonald Wouldn’t Recognize This Farm, documents one farm’s move into alpacas and away from hogs and cattle. As the suburban sprawl continues and the price of acreage increases, it is more difficult for cattlemen to justify the huge amount of land it takes to have a profitable operation. John Underwood chronicles some of the problems cattlemen face in our region in his article, Urbanization Impacts Residents Engaged in Animal Husbandry.
With their cute faces, minimal land requirements, and the tax advantages that come with them, alpacas are an attractive investment. More and more people are falling in love with them every day.
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