RE: [AlpacaTalk] MoRe: AOBA auction results
I agree that goods and services are only worth what someone is willing to pay for them. I am also glad to see there are many people who understand that – including alpaca breeders. Nothing is exempt from the downward spiral this economy has brought us. I don’t think “fire sales” are ruining the market……..the economy in general has hurt the market, but there will always be (in any economy) bargain basement sales.
I do feel for those that have paid top dollar for anything, just to see its value decline and I know the frustration of not being able to do much about it. The Real Estate market is a prime example and those that bought five or six years ago are looking at dramatically lowered values, too.
We are fortunate to have started our business while prices are lower and we have hopes that sales will pick up- however gradually it happens, it will be welcomed.
I wouldn’t condemn anyone for selling at any price – we each know what we need to do to survive and many are unable to sit on their herd numbers and wait it out. I don’t think anyone should be made to feel bad that they sold at bottom dollar prices, nor do I feel bad that we were in a position to buy at the lower prices.
I hope all those that are having difficulties are able to do what they need to do to survive and their animals do not suffer due to financial hardships. We are not in a position to buy more animals at this time, but we do have room for more in the event of hardship on another farm’s part.
Good luck everyone and let’s all keep our eyes on the light at the end of the tunnel and keep our fingers crossed that it isn’t an oncoming train!
Laura
Laura Roberts
R Half Pint Farm
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Sent: Monday, July 05, 2010 6:38 PM
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Subject: RE: [AlpacaTalk] MoRe: AOBA auction results
(re quote from Pia’s email below: ) No animal is worth any more than what it will sell for an auction where willing buyers meet willing sellers. Get used to the new valuation of alpacas. Just because you might find someone willing to pay more in a private sale doesn’t mean the animal is objectively worth that private sale price. The market varies and values may be higher tomorrow than they are today – or they may go lower yet.
Don Stanwyck, Carnation, WA
posted by Chaddo at 6:34 AM
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