
How do I plan to generate revenues/cash flows from my farm and become profitable? What is the market for each of the following products? On which ones will I focus?.What is the general outlook for the elk industry in my state/province and/or in my country? Are good breeding animals available at affordable prices?.Do I have the knowledge and skills necessary to run an elk farming operation successfully, e.g., business, production, animal management and health, marketing skills? If not, how do I plan to acquire them or hire them?.What resources are necessary for me to set up as an elk farmer? Do I have the resources? If not, how will I get them?.What are the minimum legal requirements that must be met, e.g., land requirements, fencing, registration, etc.?.What is the legal status of elk farming in my province or state? If elk farming is not allowed, then you will have to move to a jurisdiction where it is, or forget the idea, unless you can gather a group of similarly minded people, form an association, and work together to change regulations.Here are some of the questions that you need to ask: So the first and most important step for an elk farmer wannabe is to do some research and information gathering.

After you have learned what you need to know and gained some experience, you can sell out and start your own elk farm.
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This is another way to reduce the risk and to work with people who have demonstrated they know how to raise and market elk.

Yes, there are some fairly attractive prices being paid for top breeding stock and their semen, but there are also significant risks. Some people enter the business as an investment, with the expectation of significant returns. If you already have the land, raising elk is a reasonable addition to your farming operations. (The same is true in Canada.) Farmers are always looking for ways to spread the risk and diversify to smooth the economic cycles of traditional agricultural commodities. statistics, about two-thirds of American farms lose money every year. By farming them, they can enjoy trophy bulls all year round. They love elk, but spending only several weeks in the bush looking for them is not enough. Many elk farmers were (and still are) avid hunters.

So You Want To Be An Elk Farmer Author: Russell Sawchukįirst, why would anyone want to become an elk farmer? I believe there are four main reasons:
