Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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tassia wrote:I am farming quails myself and here are facts and my opinion from my experience. I did not start very long ago and even if the prices crashed today, I have nothing to worry about. But I do expect that prices will crash. However, I have noted that there is a lot of hype about how people will make millions including promising people that there is a large market for export in China which is not true because China itself is the largest exporter of Quail products with more than 17,000 tonnes annually . This is mostly coming from those who started early and would want to continue selling to those who are starting now at very high prices. I would advise those who are entering the farming now not to buy chicks or fertilized eggs at the high prices on the market. Negotiate for a fair price or wait for the prices to drop further. If you buy at the very high prices, you may still make profit but it will take long before you recover your investment. If you have an incubator, you are in a better position as you can make good money by selling the chicks even at a lower rate. But here is some important facts.
1.Guys have made crazy money,a few made upwards of Kshs 8 Million per month in the months of December and November. That is like 16 Million
2. Those who were already selling incubators have made a kill by making extra-ordinary profit per incubator sold.
3. From my experience, it cost's just Kshs 1 to feed a mature bird per day, even if an egg was to cost Kshs 5, you will still be doing better than chicken farming
4.If you buy a two week or three week chick, you may not even need to employ anyone to look for them. The biggest challege is in the first 1 week and specifically the first four days.
5.I have noted that there is indeed a market for the eggs locally and the demand for consumption will grow when breeders have had enough stock. Those who are already taking the eggs are actually the ones who are encouraging others to take because they swear that they have experienced significant improvement from when they started taking the eggs. I believe the current prices do not make sense if farmers expect to sell to consumers at those crazy prices. Unfortunately, some farmers are convinced that the prices will not come down. There is now a very high risk that someone will sell you eggs more than 7 days old for incubation and you may suffer loss because it is becoming more tough to sell even the fertilized eggs at those prices.
6. I believe Quail farming is here to stay tassia wrote:Gathige wrote:This thread has been silent. Any new millionaire? Hahaha. When people make a million, they do not post it here. They keep to themselves. I like it when this business is criticized, it help to limit the people who are entering the business meaning that the prices will be more stable in the long run. I have a feeling in the next few years, Quail will be as common as chicken and more homesteads will be keeping quails than chicken. @tassia,So how much have you made so far If Obiero did it, Who Am I?
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