Question About Value. - Page 3
 
 

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Question About Value.

This is a discussion on Question About Value. within the Horse Talk forums, part of the Keeping and Caring for Horses category

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        12-10-2011, 11:30 PM
      #21
    Green Broke
    I would rather get nothing for a horse and have comfort in the fact he will not be slaughtered than get $500 for a horse and worry he is going to slaughter. In a few years I won't know where the $500 went. Having a clean conscience, priceless.

    I guess I see horses as companion animals. Would you sell your dog to the meat man for $50? I don't see a horse as any different. But I know other people do.
         
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        12-11-2011, 10:33 AM
      #22
    Banned
    Trailhorse, I sympathize with your position, I don't want one of mine going to slaughter either. However, I'm not following your logic. Giving a horse away as opposed to selling it for $500.00 does nothing to insure a horse won't end up at a slaughterhouse.

    Bubba,

    The Journal of the American Veterinary Medical Association reports that 88,276 horses were processed in North American slaughter facilities in 2009. That number is 10 percent below the average number of horses slaughtered annually in North America in the last decade, and attributable to the closer of the US facilities. I think that's a significant 10 percent. It may not seem like a huge number in terms of the overall horse population in the US, but 9,000 unwanted/unuseful horses at the bottom of the market does have a chilling effect, IMO.
         
        12-12-2011, 12:37 PM
      #23
    Trained
    The horse market is like the home market right now - foreclosures are dragging it down. When you can get a decent horse for free, there is little incentive to spend over $1000 - unless you are buying for a specific sport or work. But a horse to go ride on trails?

    That, plus the cost of hay where I live. It has gone from $12/bale to $20/bale, and the folks who ride twice a month whether they need to or not are trying to unload their horses. They just want to cut their losses.

    The market could be very different in places that don't depend on importing hay.
         
        12-12-2011, 12:56 PM
      #24
    Green Broke
    You are missing what is called a causitive link...
    There are more drug convictions since the advent of color TV, there fore color TV causes drug crime.
    People throw out statements like that all the time, Since A there is more B therefore A causes B.
    This is completely wrong if there is no causative link. There is no causative link between US slaughter houses closing and horse prices. According to my research on other issues. I found the same number of horses being exported for slaughter as were slaughtered in the US before 2007. The market tanked for the same reason the market for almost all discretionary entertainment goods did. People were broke.
    I also take exception to the "BAD". Prices are just simply a state of being. I entered the world of horse buyer at this time. So I enjoy being able to go out and have my pick of really good horses for well under 2k, and quite a few under 1k. I pretty much buy with the intent of keeping it forever so resale price doent mean a lot to me. I am sure there are alot of other people that have taken advantage of the low prices to get some really nice horses they wouldnt have been able to afford 5 years ago.
         
        12-12-2011, 01:10 PM
      #25
    Trained
    Horse slaughter sets a floor. If a horse has $500 of meat on him, then he is worth at least $500. That in turn makes it easier to accept $1000 for a healthy, trained horse. Horse slaughter reduces the number of folks who are willing to give their horse away for free.

    As for bad prices...right now, prices are so low that a trainer has a hard time putting 60 days of training into a horse with any reasonable chance of making a profit. It turns horse training into specialty market, since you have to add value beside trail riding to make it worthwhile. We're currently living off the training done several years ago.

    Buying a horse has always been the cheap part of horse ownership. The mustang we were given has been on the market for 4 months, free to a good home. When the owner was desperate enough to give him away to ANY home, and my wife (ignoring my wishes) asked about our getting a 3rd horse, the trainer was willing to deliver him to us the following day - so he would go to a good home.

    The economy is driving prices more than slaughter, but slaughter should set a floor during a really bad economy like we have right now. You cannot compare slaughter numbers from when the market was good to what will happen now.
         
        12-12-2011, 03:27 PM
      #26
    Banned
    Joe,

    In a situation like we're discussing, there are too many variables for anyone person to point definitively to a causitive link.

    However, in the time I've been actively involved in the horse business as an adult (30+ years) there have been several economic recessions. (And gas prices during the 1st Gulf War hurt the horse business because of the cost of hauling.) At no time in the last 30 odd years (40 if you want to count my years as a junior as valid and relevant) has the market for a basic pleasure horse or beginner's horse been this bad. And that's a sentiment I hear repeated over and over again from professionals, vets, farriers and rescue organizations. The unique factor in the current situation is the closure of the US slaughter plants. So I chose to believe those things are related. Is the general state of the economy a factor as well? Of course. Does the price of hay affect the cost of horses at the bottom of the market? Sure, of course it does. Backyard owners decide they can no longer afford the expense of a pet or hobby horse, and professionals no longer take resale prospects on as readily because the value proposition has changed. But again, hay prices have fluctuated over the past 30 - 40 years as well, yet the market now is worse than it was during a drought year.

    I could perhaps believe that today's market is a result of a "perfect storm" of the economy, hay prices and the glut of horses at the bottom of the market caused in part by the slaughter situation.
    Speed Racer and bsms like this.
         

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