How bad is it to be a stallion owner in 2010?

Discussion and analysis of thoroughbred stallions.

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ct2346
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How bad is it to be a stallion owner in 2010?

Postby ct2346 » Tue Mar 30, 2010 9:46 am

Just got a mailing. Three moderately priced (5k) stallions in NY. The deal is - breed to any one of them, when the foal is born, pay no fee, name the stallion owner as the breeder and receive a payment of $2500. Or pay a $1000 fee and remain as the breeder.

Suggests to me that the foal crop is going to be way down in 2011.

Crystal
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Postby Crystal » Tue Mar 30, 2010 10:33 am

Is this a Questroyal deal?

LB
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Postby LB » Tue Mar 30, 2010 10:41 am

The foal crop will probably be way down in 2010. There should be a steep slide in 2011.

And don't forget, all of the newer stallions were bought several years ago when the market was on the rise and the bidding for stallion prospects was pretty fierce. So you can see why many stallion owners have gotten caught between a rock and a hard place.

KBEquine
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Postby KBEquine » Tue Mar 30, 2010 12:42 pm

And it is even harder for new stallions in regional markets like NY, where the hype doesn't help until the stallion has got some winners. And that's in a good economy, unlike now.

We have nice mares to breed a winner, but not really commercial mares. Never before have we found messages in our voicemail from stallion managers, offering us a deal on some stallions who are really pretty nice.

And we're stallion-owners ourselves, and have built the broodmare band to match our own stallions (except for a couple whim purchases who we'd part with pretty easily). So we don't need to pay a stud fee. But really - any mare owner who has the desire to breed & a decent breed-to-race mare who will foal in a racing state with decent breeders' incentives shouldn't really have to pay much of a stud fee this year.

Jane
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Postby Jane » Wed Mar 31, 2010 8:50 am

I'm in the Canadian market and no one has ever been knocking at my door to offer me discounted breedings, this year however I have had quite a few calls and letters asking for my business. I partly feel bad for them but also they were slow to realize the economic downturn included them, the mare owners with the weanlings and yearlings to sell have been suffering for a few years now... time the stallion owners joined us. I appreciate the deals that are available and hopefully the economy does a 180 and we all win in the end.