Droughts are part of life for horse owners in Australia. Each drought brings its own set of difficulties. How well you survive drought will depend on the initial plan of action and the modifications undertaken to your strategy as the drought progresses. Planning and decision-making must be done early. If you leave your decisions until the drought worsens, many of the management options available early on may no longer be available to you. Prices for horses usually drop dramatically, agistment dries up, and feed and hay prices generally soar.