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You are in... Forums > Welcome To Your Horse Forum > The Yard > Horses vs. The Credit Crunch

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Emily_Mary

Joined:

Jun 08

Posts: 47

Emily_Mary says:

Horses vs. The Credit Crunch

Hi All,

I was wondering if you could help me, I am doing a presentation about Horses vs. The Credit Crunch and I was wondering if you could tell me whether it is affecting you in any way or if you know of any people who have had to change the way they do things to be able to afford to keep their horses... Also if you have noticed the increase in prices of the colsing down of any yards etc..

Thank you so much, it will be very helpful

Emz
xx

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*Raychel*&*Gally*

Joined:

Dec 08

Posts: 2728

Re: Horses vs. The Credit Crunch

Hi, Well i dont know if this will help as i live In Guernsey (channel Islands) but our prices for a bale of shavings have gone up, also its harder to get them as they have to be shipped over from England. Iv heard of a few people havin to sell/loan out their horse due to redundancies etc. Also we had to sell our trailer and i havent kept up my membership with Riding club as i dont think i wil be competing. Good luck on your presentaion xx

Never Play Leapfrog With A Unicorn

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dollymix

Joined:

Oct 07

Posts: 1602

dollymix says:

Re: Horses vs. The Credit Crunch

I live in Lancashire and am having similar problems with shavings... they have gone up drastically and are getting harder and harder to come by. I was told by the guy we usually buy from that his supplier (a builder) is short on work because of the credit crunch, no one is buying houses and so they are not building as much....therefore, less shavings as a by-product of wood production!!!

Horses are also coming down drastically in price. There was an article in Horse & Hound a few issues back which talked about the credit crunch and buying horses...they said that one positive with the value of horses dropping is that talented amateur riders are now able to afford much better horses and compete against professionals!

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Emily_Mary

Joined:

Jun 08

Posts: 47

Emily_Mary says:

Re: Horses vs. The Credit Crunch

Thanks for your in-put, anything is helpful

 

Thanks again!

 

xx

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jackysian

Joined:

May 06

Posts: 264

jackysian says:

Re: Horses vs. The Credit Crunch

I've certainly noticed the price of food has increase, I don't stable keep mine but I do know the majority of the stable kept horses owners on the yard have switched to straw as the shavings are so expensive.

 

We've had one girl on the yard having to put her horse on loan because she couldn't afford the livery, she was very lucky to find someone with their own fields who took the mare on.  And we've got 3 horses that have been up for sale for months and absolutely no interest, they are the sort that usually would sell within days!!  Luckily the yard owner is not desperate to sell so she's not taking any silly offers.

 

 

When you're young and you fall off a horse, you may break something. When you're my age, you splatter. ~Roy Rogers

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Vik1

Joined:

Aug 08

Posts: 3163

Vik1 says:

Re: Horses vs. The Credit Crunch

Its not affected me too much.  I have noticed the price of feed is high and looked at ways to reduce it without compromising her health.  Shavings are scarce and having to use flax or wood pellets.  Both arent that cheap at the moment.

She is also on full livery at the moment but Im looking to reduce it to part when I start uni.  I will decide once I get my timetable (Have to do placements so this influences my decision).  Ive been working out the sums and I reckon I could save over £1,000 a year.

So far dont know anyone who has had toput their horse on loan or sell.  In fact I dont think the credit crunch seems as bad round my area as other parts of the country.

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Cocosmom

Joined:

Jan 09

Posts: 2546

Cocosmom says:

Re: Horses vs. The Credit Crunch

Hi, it hasn't really affected me that much, I generally keep Coco out, but when he is stabled he is on straw which still seems to be dead cheap! Shavings though, I agree, seem to be so expensive now £7 plus a bale! Ouch! To be honest I came back to riding after a 12 year break and was astounded how little prices had risen in that time for food, hay, livery etc so really I think we've had it quite lucky that the prices are only just starting to rise. My vet has said that they have noticed people are leaving it an extra few days before they call the vet out to see if the problem will fix itself, where as before they would have called the vet out sooner. I guess this is difficult as sometimes you do need to give it a few days and will often heal without veterinary interventyion, however some things could be made much worse if not dealt with quickly. I think there are a lot of ways people can save money, I know I could if i put my mind to it but personally I would go without food before I considered loosing my boy or giving him any less care! I have noticed a few people asking about insurance and whether they should keep it up as times are tight but I would never be without it, when accidents and illnesses happen I want to know I can afford to get Coco the best possible care he needs which the insurance enables me to do.

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HanStev

Joined:

Jan 09

Posts: 21

HanStev says:

Re: Horses vs. The Credit Crunch

feed defo!, also i know it sounds sily but when i do my " if i had the money i would have ....." senrio i have noticed that some of the general care products and tack have increased........ bit of a random one lol

he is out 24/7 so not sure about bedding

Hannahx

 

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bexc3

Joined:

Apr 08

Posts: 1247

bexc3 says:

Re: Horses vs. The Credit Crunch

Hi we take on ex racers, rehabilitate them then loan them out but they have to be kept on our yard. We make all our own haylage and straw cos the yard is also a working farm so we are quite lucky in that sense but we've had 8 clients give up their horses cos they cant afford them and unfortunately a loan horse is one of the first things to go. We also havn't taken on any extra clients for a year despite advertising. People just cant afford horses at the mo so obviously are not gonna take them on. It means we are struggling at the mo as obviously horses still need looking after and feeding. I just hope it all picks up eventually. x

bexc

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tatumx

Joined:

Dec 08

Posts: 404

tatumx says:

Re: Horses vs. The Credit Crunch

yeah the shaving were i live have gone up too £17.50 per hunter bale!

im now useing only 1 bag of shavings a week instead or 3 !

Real friend are like dimonds pretiose and rare, Fake friends are like leaves, scattered everywere... when but worst comes too worst, ditch the friends and pop down the yard :D

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natalie.123

Joined:

Jul 08

Posts: 2849

natalie.123 says:

Re: Horses vs. The Credit Crunch

Shavings have def gone up everywhere.  Personally the biggest thing i have done is have my cobs shoes taken off.  The farrier said he has really good feet and so i was going to have just the backs off as he is in virtually no work but took all off and he is fine.  Saves me £60 a set....  A trim is only £20 so am planning to see how he goes when the ground gets harder and if have them back on at least i have saved some money over the winter :)

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