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Fencing is a major expense of a horse farm, with wooden fences costing roughly $18,000 per mile to build, plus significant maintenance costs. [31] Calumet Farm alone has roughly 35 miles (56 km) of fencing, painted in the traditional white. Black wooden fencing is becoming more common because the cost of painting is significantly lower. [18]
If a horse is caught in barbed wire, it can quickly become severely hurt, often leaving lasting scars or even permanent injuries. Horse management books and periodicals are nearly universal in stating that barbed wire should never be used to contain horses. [2] However, this advice is widely ignored, particularly in the western United States.
Chain link fencing is occasionally used for some livestock containment. However, due to cost, it is not particularly common for fencing large areas where less-expensive forms of woven wire are equally suitable. When used in small enclosures, it is easily deformed by livestock, resulting in high ongoing maintenance costs.
A 2021 study by Quartz concluded that modern pentathlon (in the form that included equestrian) was the most expensive Olympic sport for entry-level costs. It found that to start modern pentathlon cost US$13,580 for equipment and facilities. Most other Olympic sports examined cost less than $500 to start in. [62]
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
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