Sponsored by George Fox University
Home Back Issues Nov/Dec 2012 Mustang money

Mustang money

| Print |  Email
Articles - Nov/Dec 2012
Monday, November 05, 2012
Article Index
Mustang money
Page 2
Page 3
Page 4

BY LEE VAN DER VOO

 

1112 MustangMoney 01
Above: A herd of Kigers at Rick Littleton’s Kiger Mustang Ranch in Bend, one of the largest Kiger breeding ranches in Oregon, and one of only a few breeders in the United States to maintain a herd of mares and stallions in a regular breeding program. Only about 100 Kiger mustangs exist in the wild today. Another 1,000 live in captivity.
Below: Rick Littleton’s grandfather had him riding wild horses at the age of 3 and breaking them by 7. The family earned $30 for each wild horse they broke and sold on their Wyoming ranch in those days. Today Littleton is one of the largest Kiger breeders in Oregon, once selling a horse for roughly $20,000.
// Photos by Joseph Eastburn
1112 MustangMoney 02

Steve Polinger fell in love. Too many times. With his wife’s permission to bring three or four horses home from Oregon, he ended up with 12. They were so good, he says, he just couldn’t stop bidding.

The horses, all Kiger mustangs, all rounded up in Southeast Oregon by the Bureau of Land Management, are something of a seed crop now. Only about 100 Kigers still exist in the wild. The other 1,000 or so live in captivity with owners and breeders like Polinger, entrenched as he is in a personal pursuit to preserve this horse with presumed ties to the Conquistadors.

“Integrity is how you make money,” Polinger says. And from that perch, he is poised to become the provider of the highest-quality Kigers in the Southwest. At his home in Tucson, Ariz., he keeps a small herd of Kigers in a state-of-the-art adobe barn. He plans to compete with prominent Kiger breeders in Texas, Washington and Oregon, where the breed was founded. Numerous small breeding operations also dot the Pacific Northwest and the country.

Polinger’s enthusiastic entry into the Kiger marketplace comes amid hopeful discussion about the future of the breed, talk that follows several years of breeder consolidation in a generally limping horse economy. It also follows deep controversy in the Kiger community about crossbreeding of the horses with other mustangs, a practice that’s called counterfeiting by some, a nonissue by others, and has meanwhile raised major concerns for buyers.

These horse lovers will tell you: Kigers are not just any other mustang. A unique wild breed that exhibits characteristics of the Spanish mustang, Kigers hail from the remote Steens and Riddle ranges of Southeastern Oregon. They are collected by a diverse fan club that includes trail riders and eccentrics, executives and well-heeled Europeans. Coveted for an unusual ability to form close bonds with humans, they are also known for their good looks: stripes on the knees and hocks, stunning bicolored manes and tails, dark ears, and face masks evocative of the Wild West.

 



 

More Articles

EPA Standards: A breath of fresh air for the region

News
Thursday, June 12, 2014
EPABY ANDREA DURBIN | OB GUEST BLOGGER

Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.


Read more...

Blips and trends in the housing market

News
Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


Read more...

13 West Coast seafood species now 'sustainable'

News
Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

Creating a culture of compliance

Business tips
Thursday, June 19, 2014
DataBY MONICA ENAND | GUEST CONTRIBUTOR

Nine tips for building habits among employees to respond when needed.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS