Farrier Finances

Farrier Finances Toeing the Line

Data from last summer’s American Farriers Journal survey indicates the shoeing business is reflecting the country’s economic problems

The average charge across the country for trimming four hooves and nailing on four keg shoes stands at $101.31. This is an 11.9% increase from $90.50 in 2005 and from $83.01 in 2003. Trim prices today average $35.54, a 12.5% jump from 2005.

Reflecting the overall economy of the United States, the average American farrier has struggled to gain financial ground over the past 2 years.

The gross income of American farriers has remained flat — and given the recent increase in fuel and steel prices, that is a likely indication that net incomes for shoers have probably actually lost ground.

That’s among the many significant conclusions drawn from results from the recent Farrier Business Practices survey that was conducted among American Farriers Journal earlier this summer.

This exclusive survey, which is compiled every 2 years, is drawn from a random sample of American Farriers Journal subscriber from around the country. A 4-page survey was mailed to 1,994 subscribers and 469 responded, representing a return rate of 24%. This breaks down into 71% full-time farriers and 29% part-timers. This farrier industry survey remains as the only one of its kind in the United States.

For 2007, full-time farriers reported an average gross income of $79,584, a decline of $128 from the 2005 average of $79,712. Part-time farriers reported an average gross income of $24,092 — a decline of $862 from 2005.

The average combined gross income for both full- and part-time figures averaged $63,152 in 2007. This was a drop…

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Frank lessiter

Frank Lessiter

Frank Lessiter has spent more than 50 years in the agricultural and equine publishing business. The sixth generation member to live on the family’s Centennial farm in Michigan, he is the Editor/Publisher of American Farriers Journal.

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