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A Second Source of Income, Without Giving Up the First!
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The Dream
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Breeding Alpacas can add a second source of income for people who don't want to give up their first! And significant tax benefits too!Historically, alpaca production has been concentrated in the high Andes Mountains of South America where the availability of high quality pasture limits their number. Yet 99% of the world’s 3 million alpacas are still found in Peru, Chile and Bolivia. As a result, alpaca is considered a specialty fiber with limited available supply. However, since 1984, alpacas have appeared, almost simultaneously, in countries where they had never been seen before. There is a steadily growing number of breeders entering the alpaca market in Canada, New Zealand, Australia, and the United States. Alpacas are appearing in Japan and Europe, as well. Ranches are now located in every state in the U.S., more than 4000 ranches in all, with the largest number of registered alpacas in Ohio, followed by the State of Washington, and Oregon. Such broad-based interest usually indicates real value and potential! The ultimate step in evolution is a world-class alpaca fiber industry centered here in the United States. It is estimated that this will likely require several hundred thousand alpacas. To date, there are 192,000 alpacas registered in the U.S. The focus on fiber has increased considerably in the last few years, with more breeders getting their fiber into production. The Alpaca Blanket Project is only one example: breeders pooling their fiber and well known Pendleton producing first class blankets and scarves.
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