And, so far, I have not found any disadvantages. Therefore, making feeding easier is not a minor point. The consistency of pellets stays about the same at all times. This, unfortunately, is not as true of some textured feeds. Not only will this be one less headache for you, but horses can get used to certain consistencies of feed and balk at changes.
Pellets can be more nutritious.
Pellets are simply a different form of feed, so in theory it should not make any difference in the overall nutrition. Yet, since each pellet contains about the same amount of nutrients, nutrition can be improved. Some horses will l pick out what they like best from textured feeds. Pellets are just as palatable as any other feeds. Horses like to eat pellets just as much as they enjoy plain grains and molasses-mixed feeds.