The Horse Market

The war stories abound in this time of a severerate should be used to improve your business. If you
downturn in the horse market brought about by theare not a business, that may be one of your problems.
closure of the kill plants in the U. S. and the passage ofInstead of being a farm, consider becoming a business.
bills by the Congress and the states that limit what youYou can do so much more if you are an S
can or can not do with your horses. BUT-there is still aCorporation or LLC than if you are not plus you can
market for horses if you will do several things. Thisshield your assets. You can depreciate the horses that
writer has written for several years that this wasyou buy for use in your program, farm equipment,
going to happen and made suggestions about whattrucks, trailers, your computer and supplies, barns and
you should do to combat this.arenas, plus much more. You can expense your feed,
I live in an area that has a large population of Amishfarrier, show expenses, office supplies and the list
and Mennonite horse people. There is also a largegoes on and on. While your profit may be minimal, at
population that is still trail riding and doing otherleast you can show a profit in most cases.
recreational riding. The market for those horses isYou may want to geld old super stud, making a useful
good if not excellent. Good riding horses or harnessgelding that has some value in the marketplace. You
horses are bringing very good prices. From $1500 tocan always breed the mares to a stud that has done
several thousand. The horses that are bringing next tosomething and thereby increase the value of the foals.
nothing are those that are not broke, are not of goodIn case, you have not noticed, geldings are bringing
conformation and do not have the pedigree tobetter prices than fire-breathing studs, halter broke
accomplish anything.broodmares and those horses under 18 months old.
For years the price of horses depended on the priceThe well broke gelding will always be in demand. In
of cattle. If cow prices were high so was the price offact, horses that have some sort of training will bring a
horses. But they were cheaper than cattle and asbetter price regardless of the market.
such they were attractive to the European marketIf you have excess stalls or pasture with available hay,
that does not have the same view of horses as theconsider letting the Animal Control people know that
US. In fact, during WWII, we ate horse meat and didyou can take care of X amount of horses. As time
not die from it. Since that time, the minority groupsgoes on, there will be a greater demand for that type
have stepped in and created romance stories andof facility. While you won't get rich, you can generate
myths about the horse in North America. The wildincome in addition to your present income. Once it
horses that exist in the US today are so far removedbecomes known that you take in horses, you will have
from the Conquistador's horses that there is not anymore horses than you wished. Get a bill of sale for
resemblance to them in blood or type. The wild horseeach horse that you take in or you may have to share
today is the cast-off of the horses that the earlythe proceeds with the original owner. If possible, charge
settlers and ranchers did not need or could not use forthe owner for taking in the horse. Pick the horses that
one reason or the other.you take in. Do not take in every horse just because it
With the falling dollar, apprehension that there may beis free.
a recession and environmental conditions in manyThose with serious health or mental issues are not
areas, horse owners are trying to sell, give away orworth dealing with. Suggest to the owner that they
otherwise dispose of their horses. These are the veryhave that type of animal euthanized. They will moan
same horses that were supposedly worth lots ofand groan but it is still the logical thing to do. This brings
money a short time ago. In former times, these animalsup the next opportunity if you have the land. Set up a
would have gone to Europe and the market wouldhorse cemetery for these owners. Sell them a plot to
have adjusted to fewer animals. Now the rescuebury their horse and charge an annual fee for grounds
groups are buying them and then trying to resell themupkeep. It may be a better alternative to the rendering
to the public by adopting them out. And the hobbyplant for many horse lovers. You can become a
horse breeders keep on producing animals of little orretirement facility providing complete care for the aged
no value and flooding an overstocked market, drivinghorse providing for his last years and then bury him in
prices even lower.your cemetery.
If the average horse owner would try to be moreI am sure that there are many other ways to deal with
innovative and find different ways to market theirthe horse population and as time goes on, people will
product as well as reducing the number of horses theythink of them. The NAIS system will come to pass and
produce, they will survive the current downturn ingives us a better estimation of the true horse populace
market conditions. Let me suggest a few ways thatin the US. It will severely limit the switching of registered
may work for you.animals. It will be used by registries to identify horses
The deflated dollar can work for you. The overseasthat they register. It will be used to track animals in and
market that hesitated to invest in US horses before,out of a country and identify those animals that carry
can and will buy horses now. Why? Their dollar will buydisease or genetic defects. The states that tax the
a better horse than before. But that horse must havesales of horses will be able to do so more easily.
those qualities that set it apart from the rest. Here inRemember in order to increase the prices that people
the states, studs and mares that are by leading sireshave to pay for horses is to; 1. Decrease the numbers
are still bringing very good prices. The ones that areof horses, 2. Produce horses that have a better
not are by studs that have not done or producedpedigree and 3.Become more active (either pro or
anything worth noting.con), in promoting the changes that will occur in the
The upcoming stimulus package and the low interesthorse industry.