Economy causing horse crisis: People ‘giving up their animals’ – CNN.com.
This is a perfect example of what the economy had done to the horse industry. I was in a similar situation not too long ago when I was trying to sell my gelding that was worth at least $2,000 and I ended up selling him for $900. Although gas prices were soaring at the time, the main reason I was selling was because I just didn’t have the time to give him the proper amount of attention that he needed. Regardless, the cost of owning horses has increased dramatically when you consider the cost of gas (especially if you’re boarding and have to drive to feed your horse), the cost of hay (especially if you live in West Texas where it never rains) and the cost of feed.
