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How's horse prices over there?
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Message #12686
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Topic: How's horse prices over there? (Read 3621 times)
Circle C
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Re: How's horse prices over there?
«
on:
August 09, 2008, 01:31:28 pm »
Noah,
I am going to pick up 5 yearlings and weanlings from my farm this evening. The stud fee on their sire was $2500.00. The dams are US and Canadian National champions, and I am selling them for 500.00 - 1250.00 just to get rid of them so I don't have to put any more $$ into them. When the cost of living rises, people cut down on the extras, and in my area this type of horse is definitely and extra.
Sometimes you just have to know when to fold them, and I think now is the time for me on these horses. I doubt the market will rebound anytime soon, and I cannot justify continuing to feed them without a potential for return on my money.
In my area i can go pick up 2-3 year olds with 60-90 days and a decent set of papers for well under 1 grand. Hope the Florida market is better than this area. Maybe Ocala, there seems to be plenty of money thrown around there for horses.
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