Tejano Run covered 18 mares in Canada and Aljabr covered 5 in Kentucky this year, so with Impeachment gone it would not take many bookings to be ahead of last year, would it?
Actually we are ahead of any year we have ever stood stallions at this point. Aljabr, Clifton Park and Tejano Run all have over 10 booked to them so far. You rarely see a full book in Canada, so to have this many at this point does not make us "nervous". We are quite confident that all of our stallions (including Impeachment who is now in Iowa) will breed more than last year.
Sales were down, but I don't know many people who didn't expect that. You can't keep breeding more and more horses of less quality and expect the average to keep climbing. We were due for an adjustment.
As for hay the prices are still high here and it is still hard to come by. We have been trying to get quotes from contractors to build another barn for the past 2 months and they are finally getting back to us because they are too busy with jobs. The restaurant I'm involved with has been ahead every week compared to last year.
I agree that some fees in KY were and are way too high, but people kept paying them, so how do you blame the farms doing that. Just like prices for some yearlings started to get out of control. That's the free market working, I think we are seeing and adjustment on both ends which should keep the train chugging along.
There have been recessions and drops in sales prices before and things have always bounced back. If the chain is broken and somehow things never do, then I guess I'll have to fall back on my degree and get a real job.