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Emu Oil Research Industry
History (And on a lighter note, this where the emu industry was in 1993. None of this information should be considered current) The Emu Money Market Report! (Where we were on) Thursday, October 21,1993 - Ratite Marketplace (no longer published) By
Lonnie Longmire (Lonnie Longmire is the managing partner of one of the largest emu partnerships in America with emu inventory value in the millions. He spends most of each week visiting emu ranches in Texas, Oklahoma, Louisiana, and Arkansas.) What board fee or chick split do you recommend? I think a lot depends on the price of the chicks or at least it should. When emu chicks were worth $800 to $1500 each, I think a board fee and chick split, in addition, were appropriate. I still see a ranch charging a board fee just in case the pair does not lay. Most people seem to feel that $1 - $1.50 per bird per day is reasonable. On the split, when we are at the levels we are at now I am not going to pay 50%. If I have spent $25,000 -$50,000 for a pair of birds, I have a lot more at stake than the ranch does. I pay 25% - 33%. At these chick price levels, I feel the ranch deserves at least 4 to 5 chicks for all the expenses of land, equipment, laborandknowledge. However, for the extra 2 chick difference, I won't complain. Finding a good ranch to board at with people you like and trust is not all that easy to do. Should I buy emus from a broker or trader? I think it is generally best to deal with the farm directly, but the honest broker or trader does have a place in our industry. Before turning over money to anyone ask for references of past dealings. Any farm or established trader should have a half dozen people who would be anxious to do business with them again. Try to get references from deals that were made 3 - 6 months ago, not deals made last week. Sometimes people's opinions change about a deal given a little time. Be sure to get all the history you can on the birds you are buying. What is the worst thing that can happen to me in terms of my breeders? (1) for some reason one or both die or one kills the other, (2) you have two males or two females in the same pen. You need to realize that a male can drum and a female can have a sex organ that looks like a male. If you don't believe that statement at least do this for your own financial protection: have a DNA test done on every pair which has not produced fertile eggs together. The Current Emu Money Market Price Index: Individual farm prices due to quality and history may vary considerably from these "average" industry prices!
Proven Breeder Pairs:(Try to buy in place and not move this time of year!) Low egg layer - $38,000 a pair* Average egg layer - $43,000 a pair* Large Egg layer - $55,000 a pair *the day any of these pairs begin to lay you have a current "Producing Pair" whose value because of the worth of the eggs and chicks coming is $50,000 - $55,000 a pair! (As managing partner of a large emu partnership Mr. Longmire is in regular contact with buyers and sellers alike. The above prices retlect the pricing structures that he encounters as he conducts his business.)
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