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The death of a horse business

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  • #21
    happy camper,
    i am so sorry for the hard times that you are having. i feel for anyone in the horse business for i think the economy is the last nail in the coffin for the horse industry. i honestly do not see where the next generation of riders will come from. burdened by massive national debt, student loans and a bleak job outlook i do not see how our children's generation will be able to afford the horsey lifestyle. and frankly, i do not see much interest. horses are further removed from my children's generation than ever before.

    Comment


    • #22
      I trained race horses for the past 15 years. Pimlico closed down and I lost all of my clients. I still have one race horse of my own and haven't given up hope that he will relaunch my career but I had to think practically as well. I am set to graduate from EMT school later this month. Its heartbreaking but you have to do what you have to do. My one horse is getting close to ready for his first start. Hopefully he will be a world beater and will pay the bills for himself as well as the other 4 horses I have, but that is a stretch. Good to have a plan B in the works and hope to never need it.
      McDowell Racing Stables

      Home Away From Home

      Comment


      • #23
        Laurierace-

        Congratulations on your impending graduation. I'm very happy for you.

        But it must be bittersweet and I'm very sorry that your first love has taken a back seat. I hope things change for the better, soon.

        I've been through several recessions and market crashes but this is the first time I've joked about burying money in the back yard. Global economy isn't what it's cracked up to be, is it. If people in teeny eastern european villages are having their homes foreclosed on it really bodes ill for a quick recovery......

        Originally posted by Laurierace View Post
        I trained race horses for the past 15 years. Pimlico closed down and I lost all of my clients. I still have one race horse of my own and haven't given up hope that he will relaunch my career but I had to think practically as well. I am set to graduate from EMT school later this month. Its heartbreaking but you have to do what you have to do. My one horse is getting close to ready for his first start. Hopefully he will be a world beater and will pay the bills for himself as well as the other 4 horses I have, but that is a stretch. Good to have a plan B in the works and hope to never need it.
        Brothers and sisters, I bid you beware
        Of giving your heart to a dog to tear.
        -Rudyard Kipling

        Comment


        • #24
          You might pick up the phone and call SCORE (Service Corps of Retired Executives) and see if they can offer you any suggestions for weathering this storm. Not sure if it's free or if they would charge you though....
          "Don't blame Hogg or the other teens. The adults are supposed to know better. If only we could find any." ~Tom Nichols, professor of national security affairs at the Naval War College~

          Comment


          • #25
            I think there is a huge difference between practices on large corporate farms where maximum profit is squeezed from minimal investment, and animals are just another commodity, and smaller family farms that operate on a smaller profit margin and try to provide a product that is needed and make enough of a profit to live on.

            One of the biggest problems in our country right now, is the animal rights groups are just another big corporation trying to get huge donations, and don't know anything about livestock or farming, they only know how to manipulate the press to get the big headlines and charitable donations. And they're not hurting the big corporate farmers, just taking away their competition by putting the independent farmers out of work.

            Lets face it, we live in a country where the ill informed are making the decisions for the smaller minority of people who actually know the truth.

            Also, if we want to make our horse industries healthy and thriving, we have to do a better job at public relations. More horseshow profits should be donating to common causes, more horsepeople should be mentoring kids at risk, and the American Horse Council should be working harder to bring horses into the forefront of communities.
            Lowly Farm Hand with Delusions of Barn Biddieom.
            Witherun Farm
            http://witherun-farm.blogspot.com/

            Comment


            • #26
              Originally posted by Cherry View Post
              You might pick up the phone and call SCORE (Service Corps of Retired Executives) and see if they can offer you any suggestions for weathering this storm. Not sure if it's free or if they would charge you though....
              SCORE is free. You can find it through the US Small Business Administration.
              Also free are the services of the Small Business Development Centers at many community colleges.

              Comment


              • #27
                The equine business rates an SUX because horses are luxury goods and a declining number of persons have the ability to maintain luxuries.

                The present un-stimulus package coming from Disneyland on the Potomac won't help the horse industry, won't help the agricultural industry, and won't help most manufacturing industries (the latter two being part of the economic bedrock of any society).

                I was watching "Mad Money" tonight and got some good ideas to make what's left of my investment portfolio more "Obama Resistant."

                OK, enough politics.

                Or maybe not.

                Those of you who decry the current "profit driven" nature of U.S. agriculture should read the following:

                http://www.cffm.umn.edu/Publications...arnlvgfarm.pdf

                It's quite a lesson what what it takes to make a living in agriculture, today. Long gone is the time when with 160 acres and a mule a man could raise and support a family. Those who long for these times are wallowing in the past. Those who demand a return to them are Luddites.

                The demand for more "humane" animal husbandry practices are mostly from city slickers who don't know squat about the economics of animal husbandry. They decry the profit motive, but want cheap meat. Or worse, demand we all become vegans.

                I listened to some guy who writes for the New York Times the other day opine about how he would change agriculture. It was really cool sounding. But he was really wanting a return to the past. Of course those of us who study history know what agriculture was like 100 years ago and it wasn't nearly the idyllic life style that New York City Masters of the Universe like to imagine. It was, in fact, a hard and demanding life. It was hard enough that vast numbers of farm kids moved to the city and toiled in factories with industrial death and injury rates that boggle the mind. And they thought they had the better of the exchange.

                The hard truth is that we American often allow our myths and legends to unduely influence our national practices. It was the Myth of Buy Now and Pay Later that got us into the fix we're presently in. Our political leadership is using the Myth of New Deal Success to justify the spending of $1.75 Trillion borrowed dollars (this year alone) to "spend our way to prosperity." When that doesn't work I suspect they'll apply the Myth of Stay The Course.

                None of this bodes very well for the horse business. Unless, of course, in four or five years the lack of fuel for autos and trucks leads to a demand for saddle horses for local transport and draft horses for drayage.

                G.
                Mangalarga Marchador: Uma Raça, Uma Paixão

                Comment


                • #28
                  Originally posted by Guilherme View Post
                  ...
                  None of this bodes very well for the horse business. Unless, of course, in four or five years the lack of fuel for autos and trucks leads to a demand for saddle horses for local transport and draft horses for drayage.

                  G.
                  My husband and I have been joking for a year now - we'll eat the Hanoverian and use the Morgan for transportation...

                  Comment


                  • #29
                    Originally posted by Calvincrowe View Post
                    Bluey- I appreciate how difficult it is for farmers to make money, and I am no PETA supporter, believe me. But...

                    Slaughter house practices need to change--downer cows happen. Corporate farming is not humane. 12 laying hens crammed in a foot of space is not humane. I think American corporate and small farming can look at this as a wake up call and reform their practices. The small farmer in this country suffers when corporate farming is taken to task when they get caught doing stupid, cruel, disgusting things to animals--and they do.

                    I'm sorry for the OP-- I can't imagine watching a business die like that. Good luck and hugs.
                    Bluey's post was excellent and the bad thing is that I think with the current administration the idea is to do MORE Corporate farming and less independent farmers and ranchers. Think about it - I hear these stories from some ranchers about this Methane Gas tax and on the show I was listening to, I believe the rancher made a comment that the proposed "Methane" tax was $85 per head beef cattle, and $175 per dairy cow - now I'm sure the cow does not know that this tax is supposed to limit their poo or flatulence so what else is it for but to put the poor rancher/farmer out of business? and who would take over why the Government of course... it makes me ill to think about it.

                    bluey - your post needs to go straight to Obama, Pelosi, Reid, Schumer and the rest of Congress (I've not made it too much further than Bluey's post), and why not the media - send it to Rush, Mark Levin (he would love it), Sean Hannity (is a bit wacko but publicity is publicity) Bill O'Reilly and finally Glen Beck...

                    Comment


                    • #30
                      To the OP, whatever you decide best of luck. I have been in absolute jams before and somehow it always works out fine. Just going through it is the tough part. Just the ebb and flow of life. You probably don't want to hear about it now-but who knows what is around the corner. Like they say it is the darkest before dawn.. Good luck.

                      On agriculture-I would not want to return to the old ways. My grandfather (who is no more) in India farmed the old ways. Until my mom was a teenager, there was no electricity. It was very hot and dry there and you had to irrigate by wells. Every night they would tie a pair of oxen to a hitch and a huge pail/vat to the other end . They would go back and forth all night long-dipping it into the deep wells,filling it with water and pulling it and dumping the water into the canals to flow to the crops. All night long-back and forth, back and forth. The kind of physical labour both they and the animals did those days was extreme. I certainly would not want to go back to that.

                      Yes on Bluey's point though. A lot of people are not exposed to agriculture and so get all their beliefs from activist groups. But corporate farms are another story. But to them a hen or a cow is just a resource and not a living breathing animal. So they may-not all,but some -treat them as such. But I eat out so my meat is from corporate farms so I will be quiet on that!

                      On the economy-I don't know. Who knows maybe this is the slow end of giant corporations? Once upon a time it was all tribal or kingdoms and such. Except in the middle east, we evolved out of that. maybe now we are moving away from this model of gigantic souless corporations-who knows?

                      But there seems to be a light thaw in the horse market compared to a year ago-in my limited circle. Just a teeny weeny thaw..

                      Comment


                      • #31
                        In business since 1982

                        And this may be our last year as a commercial horse farm.

                        Blessed with a paid in full mortgage. A DH with an excellent secure job. But dwindling lessons, sales, boarding and accumulating bad debt has left us without savings. DH's job and my recent employment away from home is keeping the farm running. The business is going into the red deeper and deeper every day. Boarding is a lost leader. I am about through with it. We will see what camp season brings. If it doesn't bring a min of $22K it will be our last year. $22K is break even. I wish people would stop defaulting on board and training. It was a once in awhile problem in the past, is now a "who will it be this time" occurrence.

                        I have funneled my energies into producing an excellent camp experience for this year and rehabilitating a few good horses for my programs.

                        If we go "private" we will discontinue boarding, lessons, training and summer camp. We will keep a few long time boarders as we are committed until they pass on. And I will continue to rehabilitate a few horses each year. But "professionally" I will be finished. That has been so hard to come to!

                        Honestly I have been burned out on boarding for years. It doesn't make any money for the cost and work I put in. I am getting too old to ride training horses a dozen hours a day or even 5 in reality. But teaching and camp is the love of my life - that will be so HARD!

                        I am so sorry for you impending loss. It will be excruciating for you. I lost a farm I had in partnership 20 years ago - it hurt like HELL for years! But God blessed me with the farm I have now paid in full and a wonderful family to boot.

                        Take stock of all the blessings in your life. Do not turn a blind eye to the reality that you have more than you think you do and that you are far more than you think you are!!!
                        "If you don't know where you are going, any road will take you there"

                        Comment


                        • #32
                          Originally posted by twofatponies View Post
                          My husband and I have been joking for a year now - we'll eat the Hanoverian and use the Morgan for transportation...
                          Thank goodness my mare is almost ready to be broke to cart! I don't think I could bear the thought of eating her . . .

                          OP, I am sorry that your business is struggling. SCORE is an excellent idea, and they might help, but mostly it sounds like it's time to formulate a contingency plan. Places are still hiring, so don't give up hope - you might just have to look to jobs you didn't think of initially.
                          http://www.chronicleofmyhorse.com/profile/Ashley26

                          "You keep one leg on one side, the other leg on the other side, and your mind in the middle." -- Henry Taylor, "Riding Lesson"

                          Comment


                          • #33
                            JSwan Quote:
                            The current administrations plans for charitable giving will likely dry up grants and nonprofit incomes too. I hope that was merely an accidental misstatement on his part

                            not sure how to work the quotes thing.. guess i will read up.. anyway Nat'l endowment for the Arts got 50 million in the first stimulis pkg.. there will be more.. and I agree the gov't will take away charitible giving as a tax bene and head toward the gov't controlling all that too ..
                            my point was really to show people are going to have to resort to more creative thinking to keep their business alive during hard economic times..including picking thru the plethora of grants still funded.. some for ridculous things.. the pork is there.. figure out how to fry it up or reinvent what you have going..
                            I can explain it TO you,but I can't understand it FOR you

                            Comment


                            • #34
                              Originally posted by jumpytoo View Post
                              JSwan Quote:
                              The current administrations plans for charitable giving will likely dry up grants and nonprofit incomes too. I hope that was merely an accidental misstatement on his part

                              not sure how to work the quotes thing.. guess i will read up.. anyway Nat'l endowment for the Arts got 50 million in the first stimulis pkg.. there will be more.. and I agree the gov't will take away charitible giving as a tax bene and head toward the gov't controlling all that too ..
                              my point was really to show people are going to have to resort to more creative thinking to keep their business alive during hard economic times..including picking thru the plethora of grants still funded.. some for ridculous things.. the pork is there.. figure out how to fry it up or reinvent what you have going..
                              So where (internet sites?) would one go to look through the pork for potential grant prospects?
                              Comprehensive Equestrian Site Planning and Facility Design
                              www.lynnlongplanninganddesign.com

                              Comment


                              • #35
                                Instead of complaining about the stimulus measures it would probably be better to find out what parts of it will benefit you, and no, not performance art, something practical.

                                I was very excited to hear that a local business is giving free technology training classes in my area. Quite a few people who have gone thru a 'RIF' are taking advantage of the classes to learn a new line of work or get better training in their line of work. THings are indeed terrible, our area has been losing jobs for a very long time and things haven't gotten better recently, quite the contrary.

                                But there are a few good things happening and one needs to jump on them asap. One county nearby has a program called 'Make your Layoff Pay Off' and offered training to folks who have lost their jobs.

                                As bad as I know things are, I see some very, very defeatist attitudes that are getting in people's way. For example I was talking to two people yesterday and one had a skill that fit a job in Statistics I knew of that was open.

                                The job was for a hospital, so the woman refused to apply for it! 'I don't like hospitals'. Honey, no one likes hospitals, but the job is in an office far from the hospital, and you'll be doing statistical research, and if you thought about it for a second, you'd realize there was very little 'hospital' to it. You've been out of work for nearly a year and they have a job you are very qualified for and are very likely to get. It doesn't need to be forever.

                                ANOTHER lady was busy listening. She said very brightly, 'so you said before you worked with the technical writers at your company on a project. I'm a technical writer, do you have the name of someone in the company I could talk about what I need to do to get in there?'

                                In a few seconds, THAT lady had a name and number to call, probably if not right now quite soon a job to apply to, and a very hopeful look on her face.

                                Which one is more likely to find her way? The lady who was willing to try.

                                There are so few opportunities out there, we really have to grab what we can get! A job doesn't need to be forever. If it just brings in a few bucks it's better than nothing!

                                Comment


                                • #36
                                  Originally posted by Woodland View Post
                                  Take stock of all the blessings in your life. Do not turn a blind eye to the reality that you have more than you think you do and that you are far more than you think you are!!!
                                  Amen to that.

                                  We are struggling too, and I am *this* close to throwing in the towel lately. I don't want to go back to commercial art and design, it almost killed me and I really hated it, but it did pay the bills. But I sleep well at night now (read that as I actually do get to sleep) and I laugh at least a million times a day. That is worth so much to me that I keep muddling through.
                                  I Loff My Quarter Horse & I love Fenway Bartholomule cliques

                                  Just somebody with a positive outlook on life...go ahead...hate me for that.

                                  Comment


                                  • #37
                                    Originally posted by Guilherme View Post

                                    Those of you who decry the current "profit driven" nature of U.S. agriculture should read the following:

                                    http://www.cffm.umn.edu/Publications...arnlvgfarm.pdf

                                    It's quite a lesson what what it takes to make a living in agriculture, today. Long gone is the time when with 160 acres and a mule a man could raise and support a family. Those who long for these times are wallowing in the past. Those who demand a return to them are Luddites.

                                    The demand for more "humane" animal husbandry practices are mostly from city slickers who don't know squat about the economics of animal husbandry. They decry the profit motive, but want cheap meat. Or worse, demand we all become vegans.

                                    I listened to some guy who writes for the New York Times the other day opine about how he would change agriculture. It was really cool sounding. But he was really wanting a return to the past. Of course those of us who study history know what agriculture was like 100 years ago and it wasn't nearly the idyllic life style that New York City Masters of the Universe like to imagine. It was, in fact, a hard and demanding life. It was hard enough that vast numbers of farm kids moved to the city and toiled in factories with industrial death and injury rates that boggle the mind. And they thought they had the better of the exchange.
                                    I'm not a Luddite and certainly not a city slicker but I do heartily endorse the small farm concept.

                                    Large farms aren't inhumane and I don't have a problem with them at all. Heck - most of the time animals live in better conditions than most people.

                                    But I strongly agree that there is NOTHING romantic or pretty about the "small family farm" and it is hard labor and operates within very tight margins. Like any small business losses cant be as easily absorbed as large businesses, nor do small businesses have large cash reserves to see them through bad times.

                                    If a person raises heritage breeds there is an element of altruism that may get you brownie points with the Big Guy upstairs.... but it isn't going to pay your mortgage.

                                    It's just a business model that works with a certain niche market - if times are good. It also helps keep farmland near urban areas from being taken over by development.

                                    But raising obscure provencal radishes is about as profitable as a horse business when times are bad. What worries me is that when these businesses go under - they won't come back when the economy recovers. The land still needs to be paid for and maintained even if there is no money coming in - a horse business can't be put on the shelf and then brought back out.

                                    I'm worried some areas may lose boarding/training/lesson facilities and show venues permanently.
                                    Brothers and sisters, I bid you beware
                                    Of giving your heart to a dog to tear.
                                    -Rudyard Kipling

                                    Comment


                                    • #38
                                      Originally posted by JSwan View Post
                                      But raising obscure provencal radishes is about as profitable as a horse business when times are bad.
                                      Not always so. Yes I do agree it is about filling the niche, but the small farmer of today is much more business saavy than previous generations. I have a waiting list of restaurants who pay me dearly to ship them eggs via express mail. And others who pay me dearly for the obscure herbs and vegetables we plant each year.

                                      For those who go into it with a romantic rose colored vision...yes...they find it less than profitable. But those who plan cater to the market that doesn't cut back during dire times.
                                      I Loff My Quarter Horse & I love Fenway Bartholomule cliques

                                      Just somebody with a positive outlook on life...go ahead...hate me for that.

                                      Comment


                                      • #39
                                        I do wonder how local farmers are faring- the one's that cater to gourmets. I know my egg ladies are all over the place with their pork. They routinely sell out of everything and have a wait list weekly for eggs and chicken. The goat cheese man is sold out by 10am of goat cheese that costs $5 for a small container. The veggie farmers have wait lists to get into CSA programs and sell out of $5 a lb potatos.

                                        All that said.... I know I have had to cut back and am not buying the goat cheese and eggs weekly. I am buying $5 for 10 lb potatoes. Planning a good garden. And a lot of good restaurants are closing. The shit hit the fan generally after the market closed for the season. I wonder how many people willing to pay a large premium for local, "humane" food will emerge this spring?

                                        To the OP, sorry to hear about your business. I sit in my office and it is sad. Our business has dried up- my boss is killing herself to drum up business. Of course, no benefit from Obama Spend A Thon. The only good thing is that we are so slow that it probably pushes us back a tax bracket or three. So, ummm- I guess at least we don't have to pay to bail out the banks that are screwing our industry over.

                                        Comment


                                        • #40
                                          I was looking at some old newspaper clippings from the 1970s. The area I live in used to have a regular rodeo circuit. 10,000 people came to the fairgrounds to watch one weekend.

                                          I've never known that fairground - it's been a barren field with some old collapsing buildings since the mid 1980s. I see the old barns and paddocks behind a lot of houses where 20 years ago the kids had ponies and 4-H livestock to show. Now the kids have ATVs and video games.

                                          In the last four years (economic "good times" compared to now!) the local Grange decided to close. I watched a dozen farms get turned into housing as the "good economy" made land so expensive it was worth more to sell it to a developer than to grow crops on it or graze it.

                                          But there was also a growth in specialty small farms - people thriving selling "rare breed" pork, beef, homemade sausages and cheese, eggs, raw milk, etc. Whether the demand for those products will drop off now is unknown. I suspect it will decrease, because they tend to be expensive, compared to industrial ag products. But industrial ag products may get expensive, too, if transportation costs or energy costs increase drastically.

                                          The interesting twist in this current crash is that it is not just affecting small businesses and manufacturing jobs, but also people who work for banks, pharmaceutical companies, colleges and schools, etc. More horse businesses are closing - boarding barns losing 2/3 of their boarders, no sales horses are selling, etc.

                                          The value of land is dropping fast, no one is building houses now. So the loss of good farmland to development may well come to a standstill, which has its benefits, because that land can be put back into farming in the future if it hasn't been turned into a subdivision. People always need to eat, no matter how crazy the world gets. Food is always worth something.

                                          This is just a snapshot of one region. Just to say things change in unexpected ways, and not always linearly.

                                          Comment

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