Postby Rokeby Forever » Sun Jul 01, 2007 6:13 pm
Hi FOS,
You're absolutely correct that Forestry's fee opens him to wide criticism (not to mention that his average runner makes only nine career starts and we know they're NOT being rushed off to stud), but I'd like to pick that wonderful mind of yours' for a reply to this thought:
I'd like to argue that there is NO way that Forestry can be considered a $50,000 stallion - more like a $25,000 stallion, or less. Why?
Forestry's lifetime AEI is 1.96, which isn't all that terrible. However, with a lifetime CI book average of 3.13, representing one of the strongest book averages around, I'd argue that his 1.96 AEI is coming on a lot of coattails. With books that strong, his AEI is what it is...what would it possibly be with a book that a $50,000 sire gets? Maybe half of that?
Let's consider a sire like More Than Ready. He's right around the same age as Forestry and has maybe one crop less to race than does Forestry. At the $40,000 level, More Than Ready has a 1.98 AEI (almost identical to Forestry's 1.96) , but the lifetime CI average of his books is only 2.06 - MUCH weaker than the mares that Forestry has been spending Saturday night with.
Now, had Forestry be given books of mares equal to More Than Ready at the $40,000 level, would he still have a 1.96 AEI? Is it fair to argue that the chances would be "no?" (or...no way in Hell, more likely?).
If you argue that Forestry would not have the foal production matching More Than Ready, he's not a $40,000 stallion.
Let's now look at the $25,000 level where we find Arch. Arch is also right around the same age and has maybe a crop to race more than does Forestry, but let's consider that Arch's lifetime AEI is 2.07 (a l'il better than Forestry's) but the lifetime CI average of the books of mares he's had is only 1.78. If Forestry can't achieve more than 1.96 AEI with mares 3+ on the CI scale, how would he be expected to match Arch's 2.07 AEI with mares averaging a meager 1.78 CI?
And down and down we go.....
Too bad Runaway Groom was pensioned and died only a short time ago. I'd love to add him to this argument when he had only 5 or 6 crops to race.
So, excluding sales averages, what's a fair stud fee to assign Forestry in "breed to race" land? He's got a Millionaire offspring in Discreet Cat, thanks to Dubai purses, but his next best earner is Smokey Glacken, a nice Grade 2 sprinting mare type, that never approached $1 Million in earnings.
As always...best to you and I sincerely look forward to your thoughts.