Cost-Sharing Programs Can Help Horse Farms’ Bottom Line

Owning and operating a horse farm can have costs that extend far beyond the upkeep of the horses on the property. Capital improvements and other large projects can be costly, but cost-sharing programs, such as the Environmental Quality Incentive Program (EQIP) can help farm owners save 50% to 90% of the cost of qualifying farm improvements.

Administered by the U. S. Department of Agriculture’s Natural Resource Conservation Service, incentivizes agricultural land owners to make improvements that offer environmental benefits. One qualifying costs that is popular owners of horse farms is adding interior fencing to promote better rotational grazing on equestrian properties. This improvement can not only help promote more full ground coverage of grass and legumes, which can result in lowering a farm’s hay bill, but it can also reduce runoff and soil erosion.

Another eligible improvement is the construction of crossings over streams or other naturally flowing water sources. The crossing of large animals, such as horses or cattle, through streams and creeks can negatively affect water quality and change the flow of the waterway over time, thus negatively affecting the wildlife living in the surrounding area.

Read more at the University of Kentucky College of Agriculture, Food and Environment’s Bluegrass Equine Digest.

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