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What Are The Consequences Of The Equine Slaughter Ban On Horse Prices?

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  • VESTAL, MALLORY K.
  • LUSK, JAYSON L.
  • COOPER, STEVEN R.
  • WARD, CLEMENT E.

Abstract

As a result of several judicial rulings, processing of horses for human consumption came to a halt in 2007. This article determines the change in horse prices resulting from elimination of horse-processing facilities. As expected, lower-valued horses were more affected by the ban than higher-valued horses. The analysis suggests the slaughter ban reduced horse prices, on average, by about 13% and resulted in a loss in producer surplus to sellers of approximately 14% at the sale we analyzed. We also show horse prices are affected by a myriad of factors including breed, gender, age, coat color, and sale catalog description.

Suggested Citation

  • Vestal, Mallory K. & Lusk, Jayson L. & Cooper, Steven R. & Ward, Clement E., 2015. "What Are The Consequences Of The Equine Slaughter Ban On Horse Prices?," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 47(1), pages 27-46, February.
    • Handle: RePEc:cup:jagaec:v:47:y:2015:i:01:p:27-46_00
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