What to expect for the 2024 Horse Market

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Күн бұрын

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@chrisevansgunshorsesranchi699 6 ай бұрын

Great video I just sold a coming 2-year pink buckle horse for half what I was hoping to get. You have put together an awesome youtube channel. I have doing youtube consistency for just over two years now and just started my second channel. The first channel was a mix of gun reviews and ranch content. I just split the content into 2 channels. Badlands ballistics (gun content) and 10 cow ranch (agriculture content). I have just a small cow calf operation and 50 acres of farm. I am pretty much a one man operation, I have four children and none of them want anything to do with ranching. Keep the great content coming

@406dn7 6 ай бұрын

I'm not in the AQHA world, having owned TWH's. The gaited horse auction in Powell Wyoming, peaked two years ago. Pre covid, the top selling horses topped out ~$10k. Then the prices escalated with horses going for well over $40k. Last summer, if memory serves, only a few horses sold for over $20k. Since, I'm a buyer, not a seller, I like that the market is correcting.

@AndyTheCornbread 6 ай бұрын

That is a really good assessment of where the horse market is most likely to go. Working in brands enforcement I see hundreds if not thousands of horses bought and sold each year. The decrease isn't drastic, it hasn't fallen over a cliff but it is definitely noticeable. Your average AQHA registered ranch horse that was going for 10K - 15K in 2021 and 2022 is now being sold for 8K - 12K. The high end ranch horses that were going for 70K - 90K at places like Billings livestock are down to 50-ish thousand. If this trend continues (and like you I also expect it to continue), you should be able to pick up a well bred AQHA gelding for all around ranch work in the 6K - 8K range here in Montana in the next three years. Basically we would be back down to 2018 - early 2019 prices at that point. Warmbloods, Lusitanos, Fresians, Andalusians etc. have always been more luxury market horses and because that end of the horse industry didn't make a huge jump I expect it will also not take a huge dive. That luxury market for horses, along with the market for racing thoroughbreds which is largely driven by millionaires and billionaires, will likely remain steady. I am hoping to see stud fees start to come down as well as those are still stupid high right now pretty much across the board for registered horses of most breeds.

@chazrhio5666 4 ай бұрын

so well said. an educated man right here. no bs, straight to the point, and obvious points at that.

@ThreeOaksRanchSC 6 ай бұрын

Thoroughly enjoyed this video. I'm a tech guy that got into horses and the "ranch life" before Yellowstone and dramatically over romanticized everything when I started out. In 2014, I got a horse and a 50' round pen for a thousand bucks and have seen how drastically things have changed since then. I'm still here today scraping by doing what I can to fulfill some random, albeit, pure passion I found late in life through the spike of inflation. Would love to give you the outsider view of it all. Seen my share of good and shams in the horse world in a very short time frame. Thanks for the videos!

@Stonefieldranch 6 ай бұрын

Thanks for watching, Brad! If horses are in your blood they are in your blood. Might be a good subject for a podcast.

@ThreeOaksRanchSC 6 ай бұрын

@@Stonefieldranch agreed! Keep the content coming, gives the little guy like me some great insight!

@Pvallentyne 6 ай бұрын

As long as what happened in 2007-8 doesn’t happen. People were breeding horses like crazy then the economy fell and horses were being dumped on Federal land or just being turned out on the road. I helped run a horse rescue then and saw a lot of good young horses going to Cananda.

@dort1516 6 ай бұрын

I totally agree... Another reason they will come down is how many high dollar horses can one family utilize.

@AndyTheCornbread 6 ай бұрын

Market saturation is a good point, it is already happening with AQHA and APHA mid range horses and down. There is also a lot of folks who are selling horses because they didn't realize one aspect or another of equine ownership was not for them so we are seeing a number of horses sold high coming back up for sale at a reduced rate from their original purchase.

@WynnBowden Ай бұрын

What is the killer market

@matth5117 6 ай бұрын

Curious if there is any correlation between the horse market and the Dow/S&P/Nasdaq.

@Stonefieldranch 5 ай бұрын

Yeah solid question. Most economists accept the S&P as the most reflective of market sentiment and consumer behavior. That being said it affects different parts of the horse market in different ways. I don’t have a study to back this up but from my observations the general horse market (not including specialty breeds or black list pedigree stuff) will somewhat follow the S&P with a 6-18 month lag depending on consumer market confidence.

@BrookhillAngus 6 ай бұрын

Bill Gates is the majority shareholder in Deere, ain’t that ironic? Lots of Deere on lots of ranches, as well as farms that produce feed for ranches.

@Stonefieldranch 6 ай бұрын

Really too bad. He’s also putting a massive nuclear energy facility in our backyard in Lincoln County, Wyoming Near Kemmerer. I would be a proponent if it weren’t for his involvement and the known fact that he is a populationist.

@Julesy980 5 ай бұрын

I kind of wonder if those remaining good horses are in hands that are pretty much immune to all this.

@Stonefieldranch 5 ай бұрын

💯

@clay1793 6 ай бұрын

Does the cattle market being higher than this time last year mean that your smaller rancher is willing to pay more for a horse?

@Stonefieldranch 6 ай бұрын

The short answer is no. Long answer is the price of cattle went up but so did shipping and transportation (fuel) and local factors like an average of 25% losses in the spring due to a record setting snowy and cold winter in our corner of the northwest meant ranchers started this last year with significantly higher operating costs. They fed hay longer (about two months more than usual).

@matth5117 5 ай бұрын

Not here, they are all just buying new trucks now the supply is growing and new cake feeders 😂