There’s been a lot of chatter online and in the mainstream media about supply shortages and inflation. But we just learned about one unexpected “commodity” that is also seeing prices skyrocket: donkeys. Apparently, there is a global decline in the adorable animal’s population, coupled with a renewed interest in donkeys as “protection” for livestock herds, the price for a donkey has risen sharply.

The majority of the donkey demand is from Down Under, as Aussie farmers and ranchers seek out ways to protect their sheep herds from predators.

So how much does such a prized animal cost? According to ABC News in Australia, quite a bit. The news outlet spoke to West Australian livestock agent Phil Petricevich who had this to say. “In the past 18 months we’ve seen a big jump in prices… It started off at around about $600 to $700 a donkey, then a couple of sales ago I think it reached $2,500 for a good young jenny.”

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