Kentucky Horse Farms For Sale

The Lexington Kentucky newspaper, The Lexington Herald had an article today about the abundance of Draft horses and a resulting plummet in their prices to a 20 year low - with colts bringing as little as $250 at a recent sale in Topeka Indiana.

Other motivating factors include since there was a ban put in place in America on the slaughter of horses as well as a surge in high prices have coupled together to bring down their novelty to being a burden of cost for their owners. The drought in Kentucky and other states has caused a steep increase in the cost of hay, with many places costing in the $200 per ton range (which is up approximately 40% from their $140 per ton price range a year ago). Kentucky is still for the most part in the $165 per ton range for hay right now.

With slaughter of horses being closed due to new laws being implemented in September, there is simply a glut of draft horses on the market right now.

Draft horses represent where we have come from - and were the backbone of American and Kentucky farms for getting labor done around the farm. Everything from plowing fields, clearing trees and logs, to pulling wagons - draft horses had the strength to pull heavy loads that other horses may not be able to handle. Its a shame to see that their owners and fans are unable to make it financially feasible to keep their values elevated. A concern now is the horses being purchased, then shipped to other places that do allow slaughter and a lot of good horses being put down because of the high costs to keep them, and low value that they have monetarily.

This entry was posted on Monday, November 19th, 2007 at 7:00 pm and is filed under Kentucky Farms, Lexington Kentucky Horse Farms, Louisville Kentucky Horse Farms. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.