What Are the Consequences of the Equine Slaughter Ban on Horse Prices

Mallory K. Vestal, Jayson Lusk, Steven R. Cooper and Clement E. Ward

Journal of Agricultural and Applied Economics, 2015, vol. 47, issue 01

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.

Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2015
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Journal Article: WHAT ARE THE CONSEQUENCES OF THE EQUINE SLAUGHTER BAN ON HORSE PRICES? (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:348935

DOI: 10.22004/ag.econ.348935

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