Is There Signs Of Recovery In The Horse Market?
So is the horse industry still depressed or is there a bit of recovery occurring, if so where? I’m Susan Allen stay tuned for a few insights on today’s Open Range.A lot of cowboys and cowgirls in the Northwest use the popular Billings Horse sales as kind of economic indicator of what the working horse market will bear. This What kind of horses are people buying? Well-broke ranch horses are in demand safe trained geldings, 5 to 10 years old, and according to the AQHA mid-level horses in the $7,500 to $20,000 price range are selling well. There is still money available for horses suitable for children and middle aged riders as evidence of the Billling’s pony. The “gentlemens’ geldings sell well because in the words of one horse professional “they are like an insurance policy, people can’t afford to get hurt.” It’s still tough for mid-to lower level sellers .Someone who thought their horse was worth $2500 a few years ago would find it selling for under $1500 and the brood mares market remains depressed. Demand for team roping horses is strong along with working cow and cutting horses and in parts of the U.S. like California and Texas the sport of team sorting is booming.
