The revenue from raising horses or the profits that a successful horse breeder makes will surprise you. Although many people lose money on horse racing, raising horses gives the organizers or participants of the competition a significant source of income. The cost of a horse is also somewhat controversial. Let’s see how much does a horse cost?
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Why Are Horses Expensive?
Horses are one of the most expensive animals in society, but not just because they’re living beings. They require a lot of upkeep and often compete with other expenses for milking cows and picking corn. This is why people have been getting horses not for their personal use but rather as investments to be used for sugar grown in the country, fishing purposes, or simply as a status symbol.
Another reason is the taxes on animals. For example, you have to pay a fee on any animal you import to the country, not just horses. Most countries have a certain amount of money they can charge on each animal for various taxes. For example, the Philippines calculates taxes based on the weight of the animal. The heavier it is, the higher your tax will be. The United States has different laws for different states surrounding this topic. For example, in Texas, they can charge a tax of four dollars for each head of cattle you import. However, in the State of Delaware, the maximum you can charge is seventy-five dollars.
Also, a good deal of the cost is the frequency of vet visits and the amount of vaccinations horses require. Horses are especially vulnerable to disease which is why they can easily get sick from things as small as a bug bite. Another thing is not mandatory to vaccinate your horse if you do not want to, but you will have to pay a hefty fine for not doing so. In America, they have a yearly vaccine that costs about fifty dollars depending on your location.
One of the most common reasons that people get their animals is for the purpose of breeding them. Some people want to breed animals that they can sell later for a profit, and others buy a horse just to keep it around. Even though this is not a great reason in most cases, it is still a good idea to get your mare pregnant before entering her in any shows since some judges will give more points if they see you have had some experience with horses.
Because the diet of racehorses includes grass, rice, soybeans, raw eggs, and tonics, in particular, compared to normal horses, racehorses are fed more rice than grass. Usually, while an average horse usually eats all 50 kg of rice within half a month, the racing horse eats the same rice volume for about two days. One month, it eats 750 kg of rice or $500.
Meanwhile, the money ranchers receive when breeding horses is also very high, from 100 to 400 million USD each year on average. In addition, the prize for the winning horse in each horse race is also from 5-20 million USD for each tournament.
The Food and Agriculture Organization (FAO) estimates there were almost 59,000,000 horses in 2008 globally, with about 33,500,000 in the Americas, Asia, and 6,300,000 in Europe. And smaller parts in Africa and Oceania. There are an estimated 9,500,000 horses in the United States. The Horse Council in America estimates that horse-related activities directly impact the US economy of over $39 billion, and indirect spending is considered to have an impact of more than $102 billion.
One of the sports games that many countries like is horse racing, which brings excitement, pleasure, and money to bettors. In addition, horses have significant economic influence. About 4.6 million Americans are working in the horse-related industry in one way or another when humans transformed the horses that humans domesticated into dozens or hundreds of different breeds to adapt to the desired needs of humans.
Horses have also changed human society worldwide in many areas, such as: using horses as a means of travel, commerce, work, and especially as a means of transport. Moreover, it greatly determines the success or failure of the war.
Types Of Horses
Horses can come in various colors. Some of the most popular ones include sorrels (brown), palominos (a mix of chestnuts and brown horses), black horses, chestnut horses, and gray horses. Please do not confuse this with Paint Horses.
Horses are classified based on the size of their hooves. Smaller horses are called ponies, with or without harnesses. Then there are standard or small horses, which are usually used for riding or just for show. The next level is large horses that people use to pull carriages and plow fields. These are able to survive in colder climates than other horses but they’re still not stable enough to be used in competitions against the more expensive purebreds. Finally, there are draft horses. These are horses that can be used to pull a large wagon or a sleigh. Draft horses have hooves that are about two to three inches longer than the standard horse’s hooves.
What Kinds Of Horses Are There?
The Mongolian horse is a native horse of Mongolia, and this is a famous war horse breed born in the Mongolia and Gobi deserts during the 7th – 13th centuries of the Mongol Empire. It has remained virtually unchanged since the time of Genghis Khan. The Mongolian horse is very hardy and easy to raise; just pure grass is not enough and, therefore, very inexpensive. It also plays a massive role in Mongolian culture.
The Mongols domesticated horses very early. The traditional nomads living in Mongolia still raise more than 3 million horses, outnumbering the country’s population. It is a famous breed of a warhorse created from the Mongol Empire’s prosperous period from the 7th to the 13th centuries. This empire once had a large and skilled cavalry, the most powerful in the world. The horses in Mongolia were very tough and famous worldwide, and they are trained in harsh weather conditions.
Mongolian horses are medium-sized, even short, and only about 1.4m tall. The whole body is reddish-brown or dark brown. They have a well-proportioned body, large chest, slim belly, big legs, strong four legs, thick hair, wide neck, not as beautiful as Arabian horses, but very strong, durable, and eat little. This horse has a reasonably fast running speed of 30 – 45 km/h, a maximum speed of 48 km/h especially. This horse is very resilient, can trot for 10 hours straight. Since ancient times, Mongolian horses have been known as the best Horses. Wildly when galloping, they always lean forward, so the horseman is very convenient for using bows and arrows without worrying about entanglement.
Kabardin horse, also known as Carbacdin horse, is a breed of horse originating from Russia and developed in the Soviet era, popularly raised in the highlands of the Caucasus and Hermes Replica Handbags. The primary farming method is grazing on grasslands. They have a history of 400 years. It is used as a warhorse, serving border patrol activities, suitable for cold weather conditions in the Soviet Union and Northern European countries.
Cabardin is a breed of medium-sized horse, 1.4 – 1.5m tall, weighing 350-400 kg. They are medium with a long body, wide and deep chest. Large, coarse head, short neck, long back, wide and straight. The feathers are cockroach-colored or jet-black. Horses belong to the type of dual-use riding and carrying. This breed is very cold tolerant, and they are suitable for harsh weather conditions such as in Russia and Northern European countries where winters are long.
Thoroughbred horse, also known as a stallion or Anglais from the late 17th century. It was bred to serve horse racing. Thoroughbred horse originating from England is the most famous horse today, has the fastest growing speed, and has typical characteristics of a racehorse.
Thoroughbred Horses have light heads, long necks, broad chests, and front legs always have coarse, articular curvature. Over 310 years, they have been refined to have the essential instinct of a steed. The fastest speed of thoroughbred horses is more than 60 km/h.
Akhal – Teke Horses
The Akhal-Teke is a breed of horse originating from Turkmenistan where they are honored as a national symbol, one of the oldest and most unique horse breeds. It is named after the Akhal oasis and the Teke tribe, the place and name of the people who inhabit it. Only a few hundred rare horses are left globally, including the legendary species with iridescent hair color and blood-red sweat. Akhal-Teke is considered the world’s rarest horse, possessing endurance of speed and galloping extremely fast.
Akhal-Teke was domesticated about 3000 years ago and imported to China many times but did not survive. Akhal-Teke has a quick stance like a hunting dog with muscular chest muscles, protruding face, and round eyes. It has a soft neck like the neck of a swan that is what gives it speed.
The Nisaia horse originated in the Nisean highlands in present-day Iran. They are considered one of the ancestors of the Akhal-Teke breed, which was widely used in Iranian history since the 7th century BC by the nomads of Central Asia who are Media, thanks to their muscular physique and good adaptability. In addition, this horse also possesses a large size and majesty. Even throughout the history of the Media empire, the horse became a symbol of nobility in Iran because only noble or wealthy people could afford to own it.
Since about 600 BC, after creating the first Iranian empire, the Media had built a heavy cavalry force known as the cataphract that was highly capable of fighting, especially in shock waves and raids against enemy formations for military operations. They have discovered a breed of horse living on the savannah of Nisa.
The Romans were impressed by the horse’s extraordinary health and tenacity when facing the cataphract forces of the Parthian empire. It is believed that Bucephalus – the legendary steed of Alexander the Great, belongs to the Nisean horse breed. The Nisean horse was so precious and vital that it frequently became the main reason for wars between many nations around present-day Iran.
The Andalusian horse is also called Thoroughbred Spanish horse, a horse from the Iberian peninsula, where its ancestors lived many years earlier. The Andalusian horse has been known for six centuries, and has changed gradually over time. It has been known as a warhorse throughout its history and is highly regarded by rich people.
They were considered as an instrument of foreign policy by the Spanish kings throughout Europe when riding horses owned by Spain. War and disease reduced the herd significantly, and although some numbers recovered in the late 19th century, the declining trend continued into the next century. As a result, Andalusian horses were limited and then spread worldwide in the late 20th century.
Robust, nice, and elegant, the Andalusian Horse has a thick mane and a long tail. The most common fur is grey, although you can find them in different colors. Renowned for their wisdom, emotion, and obedience. Although there is no genetic evidence for this claim, a sub-race horse called the Carthusian is believed the purest breeder of Andalusia.
Through centuries of development, the Andalusian breed has been chosen for athletics and endurance. Andalusian horses have ahead of medium length, with a straight or slightly convex profile, a long and broad neck, well-defined shoulders, and a large chest. They tend to have clean legs and are not prone to weakness or injury.
How Much Does A Horse Cost?
You may be amazed at the price of a horse is around $3000. Although the price of a horse is relatively high, it cannot compare to the cost to take care of a horse from 5-7 years. If you successfully sell the breed to the racecourse, the profit you can make is exceptionally high compared to this average horse sale price. And if you buy a horse for a walk or learn the habit of taking care of it, it is also a pretty big expense that you need to consider.
Above is the price information of horses, some popular horse species in the world. Hopefully, the article has provided you with many interesting, new and valuable information about this kind of animal.
Most Expensive Horses in The World
FLEET STREET DREAM
Fleet Street Dream is an American-bred Thoroughbred racehorse. He was sired by Storm Cat out of the stakes-winning mare, Demure. He was bought at auction for $2.3 million, making him the most expensive yearling ever sold in Canada.
Tahmoor is an Australian Thoroughbred racehorse. He is the only horse to win the Caulfield Guineas, Mackinnon Stakes and Melbourne Stakes in the same year. Following his win of the Melbourne Stakes he was retired to stud where he made an immediate impact as a sire of winners.
Mohaymen is a Thoroughbred racehorse bred in England. He is best known for his win of the 2009 Epsom Derby and his victory in the Dubai World Cup where he defeated champion & world’s highest rated racehorse at that time, Invasor (Venezuela).
War Front was an American Thoroughbred race horse born in Illinois. He won the 2004 Kentucky Derby and Preakness Stakes but did not compete in the Belmont Stakes. War Front was also undefeated at two.
Derby Hanover was the winner of the Belmont Stakes under jockey Mario Gutierrez. He was bred by Sheikh Mohammed’s Darley Stud in Lexington, Kentucky, and sired by Sea-Bird. He was also an undefeated two-year-old.
RUSTY’S HEIR APPAREL
Rusty’s Heir Apparel is a Thoroughbred racehorse who foaled in 2004 at The Haras de Gimel in Gimel, Belgium. He is the son of 1997 Belmont Stakes winner Princess Rooney and grandson of U.S. Triple Crown champion, Seattle Slew.
Silver Charm is a 1994 American Thoroughbred racehorse who was foaled in Kentucky. He became a three-time Eclipse Award winner and the only horse to come back from last place to win the Triple Crown of Thoroughbred Racing. In 1998, he was inducted into the National Museum of Racing and Hall of Fame.
Sunday Silence is a 1989 American Thoroughbred racehorse who was foaled in California. Sunday Silence is a stakes-winning son of Sunday Silence and La Prevoyante. While in Japan in 1990, he was the victim of an attempted murder when his stablemate Capcom pinned him in a stall and two stablehands administered a lethal dose of DMSO.
Grays Anchor is an Irish Thoroughbred racehorse foaled in 2007 at The Abbey Stud in Co Kildare, Ireland. Grays Anchor is by the top stallion Galileo out of the mare Ocean Pearl.
Cavaliers Charmer is a Thoroughbred racehorse foaled in 1993 in Kentucky at Hermitage Farm. He is sired by English champion stallion Front Page. He won 6 of 6 stars, earning 693 for 693, including 2 stakes race wins & 4 graded stakes winnings for over $1,000,000.