Recently was talking to a trainer who was bragging that he picked up a mare in foal to one of the more expensive California stallions for less than the advertised stud fee.
I guess if you'r selling them and get less than the advertised stud fee it's a bad thing, but a trainer looking for a future runner picks one up for less than the advertised stud fee and it's a good thing. Knowing him, he'll probably turn around and sell the foal for a large profit in a couple of years.
Guess it's just what end of the spectrum you'r looking from.
Jeff
Sells Less Than The Stud Fee
Moderators: Roguelet, hpkingjr, WaveMaster
Since the down turn in the economy and the industry, many mares have sold for less than the stud fee they're carrying. Take a look at the 2009, 2010, and 2011 KeeNov and KeeJan sales' results and you'll see what I mean.
But once you add in upkeep and vet bills for the mare, plus same on the prospective foal until it's old enough to be sold (or race) and it's easy to see why some breeders simply want to get out from under.
It's similarly easy to find yearlings that sell for no more than the stud fee that produced them--and financially speaking, that's a much better bet.
But once you add in upkeep and vet bills for the mare, plus same on the prospective foal until it's old enough to be sold (or race) and it's easy to see why some breeders simply want to get out from under.
It's similarly easy to find yearlings that sell for no more than the stud fee that produced them--and financially speaking, that's a much better bet.
Seem less or way less than the advertised stud fee would be the norm. There are no doubt stallions well worth the advertised fee, and then again many not, i would think the stallion owners would be more agreeable to give a mare a break if they thought she would produce a foal that gets to the track and wins and better yet wins big, but i would imagine who owns the mare and what the owner's history of getting runners to the track and whether or not the owner gets the offspring of their mares to the track might even have a greater influence that what the stallion owner's opinion of the mare is. Maybe even auction bidders may be bidding on the reputation of the consignor of the mare as much as anything else.
Seems to me it would be very difficult to get big prices on mares from new consignors with no history of having sold a mare in foal where the foal developed into a good runner in the past.
Jeff
Seems to me it would be very difficult to get big prices on mares from new consignors with no history of having sold a mare in foal where the foal developed into a good runner in the past.
Jeff
