The price of alfalfa-grass mix was $30 today, twenty bales minimum. The single-bale price was $31. No shortages or waiting lines observed.
The price last July was $19 per bale, twenty bales minimum, putting the increase at 58% in eleven months.
The average horse would need five bales per month, which works out to $150 per AUM.
The price of forage to the public-lands ranchers over the same period was unchanged, $1.35 per AUM.
The grazing program insulates them from the realities of the market, at least on the cost side, another reason to take more wild horses off the range.