Join Date: May 2007
Location: Fairbanks, Alaska
I hope it gets sorted out too.
Are horses fairly expensive to keep over there? Do most have to be boarded? I am trying to figure out if that has something to do with the difference.
Living in Alaska, I sometimes feel like I am in another country because things are just so different here. There is a good bit of locally grown hay, but we also have to have a lot of hay shipped into the state. We don't have auctions. We don't have kill buyers (as far as I know of). We do have some back yard breeders, but feeding and weather has to be thought about so much here that I think it is less common.
Our horses' prices are affected by this overpopulated market, but not to the point of horses selling for $50. If a horse would go for $5,000 in the past, it might sell for 4 now. If it would go for $3,000 in the past, it might go for $2,000 now. This is because with the market how it is in the states, people can buy a pretty good horse (there is much more to choose from), and pay $2000 to have it brought up - not everyone wants to do that though.
As an example, I bought my grade morgan/QH gelding 5 years ago for $2,200 as a 3 year old. A couple hundred in the states if lucky? Two years ago when I was going to sell him (before I found his favorite new girl to lease him), I got many calls on him priced at $4,000 (which I turned away because he was already leased). In the states, I would have been lucky to get close to $1,000.
I just looked in our horse journal's classified section, and basically everything selling was registered and priced between $3,500 and 7,000.
One ad includes:Just arrived from Indiana, 3 yr old Tobiano mare w/ 1 blue eye. Sire Let There Be Light from Sir Quincy Dan. BIG & TALL. Very sweet. 30 days training. $4700 I wonder what she sold for in Indiana? She is pretty cute, but her ad photo is pretty bad.
Another horse that sold:16hh 8yr old AQHA gelding. Experience in english, western, barrel racing, jumping, dressage & trails. Lots of professional training, some show experience. Very sound! Clips, bathes, shoes, loads. Beautiful mover! $7000. Is that even comparable to what a horse like that would sell for in the states? (I am not sure of what well trained horses are going for)
To sum up, I don't think we are being hit with the same level of problem as the other states, but I worry that if things continue on the path they are on, it will start to affect us much worse.
At the prices above, I don't think we have to worry about kill buyers, but I am still very interested in the topic and want to say up on the problems. I really do hope some good solutions are found soon. Anyway, I would really like to figure out what factor causes the difference in the horse market between the states and then places like where Jazzy or I live. :)