Breeding stock sales
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Breeding stock sales
Is the successful bidder for an "in foal" broodmare responsible for the stallion fee? I'm thinking there has to be multiple answers to this question depending on circumstances.
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Green Hills
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Re: Breeding stock sales
ruaff wrote:Is the successful bidder for an "in foal" broodmare responsible for the stallion fee? I'm thinking there has to be multiple answers to this question depending on circumstances.
No. At least not any I've ever bought or sold. The fee is paid before the sale. And hopefully you at least get that back....with luck....
"The trouble with the rat race is that even if you win, you're still a rat"
At the major broodmare sales, the stud fee is already paid (it must be done before the mare is entered in the sale) and the new owner receives a stallion certificate along with the JC papers. However, the Live Foal Guarantee (or guarantees of any sort) does not transfer to the new owner. Most buyers have the mare checked to make sure she's still in foal before leaving the sales grounds. If not, the sale can be undone.
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CurrentlyRed
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Fee paid/no guarantee
At almost all sales the stud fee is paid, but you lose the live foal guarantee.
If you are thinking about an in-foal broodmare, you may also want to look into insurance for the future little bundle of joy, or make sure the mare alone is worth the price you bid - or close enough that the risk of losing the foal isn't too big for you to absorb.
Good luck, if you are buying.
Red
If you are thinking about an in-foal broodmare, you may also want to look into insurance for the future little bundle of joy, or make sure the mare alone is worth the price you bid - or close enough that the risk of losing the foal isn't too big for you to absorb.
Good luck, if you are buying.
Red
Hello!
Two things:
1. Transportation. If possible, box stall the mare. It's a long trip & the ride is smoother & less stressful in a box.
2. Better to raise future race-babies in groups . . . perhaps you could sneak two mares into the barn so the foals have someone to play with?
Enjoy & best of luck!
Kim
KBEquine
Two things:
1. Transportation. If possible, box stall the mare. It's a long trip & the ride is smoother & less stressful in a box.
2. Better to raise future race-babies in groups . . . perhaps you could sneak two mares into the barn so the foals have someone to play with?
Enjoy & best of luck!
Kim
KBEquine
ruaff wrote:Right now I am planning on going to Keenland Nov (provided this pesky job doesn't get in the way). Thanks for the well wishes - any other advice that you couould pass along - vet checks, insurance, transport...etc - would be much appreciated.
Before you go, talk to your insurance carrier and arrange for "fall of hammer" insurance, so that your mare is covered as soon as you make the winning bid.
As CurrentlyRed mentioned, you might want to think about purchasing Prospective Foal insurance to cover the pregnancy. It's expensive (14% the last time we used it) and carries a number of restrictions, but many policies cover the foal for the first 30 days after birth so in some cases it can be well worth the cost.
Have the mare checked safely in foal before she leaves the grounds.
If you haven't shopped at Keeneland before, out back alongside the inside walking ring, there are booths for numerous vets and vanning companies. You can arrange for all your vetting and transport needs there post-purchase.
KB - Thanks for the advice - If I don't sneak 2 out of Keenland I'll reload and head to Timonium in Dec - or I could just send her over to you guys 
LB: I assume you can do vet work prior - although I noticed that horses are generally only there a day before they are sold? Can you give me any names of insurance agents - I have notfelt the need to insure the racing stock I have had in the past - due to - well, their limited value...
LB: I assume you can do vet work prior - although I noticed that horses are generally only there a day before they are sold? Can you give me any names of insurance agents - I have notfelt the need to insure the racing stock I have had in the past - due to - well, their limited value...
ruaff wrote:LB: I assume you can do vet work prior - although I noticed that horses are generally only there a day before they are sold? Can you give me any names of insurance agents - I have notfelt the need to insure the racing stock I have had in the past - due to - well, their limited value...
Mares work differently than weanlings and yearlings. Generally the only vet work done on them is a pregnancy check and it's only done once--by the winning bidder after the mare is sold and before the mare leaves the sales grounds. If, at that point, the mare is not in foal the sale can be undone.
I'll PM you with the name of a good insurance agent.