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Originally Posted by Cannon Shell
Not exactly...
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Breed to race is very live, and breed to sell -- if that's your business -- OK, there's a market there. But I'll tell you, I buy/claim fillies all the time and with the residual value in that marketplace, it's not easy to sell those mares these days. I've had several -- good pedigrees, but not great of course (or else they wouldn't be cheap, LOL) -- and they are tough to move. That's part of my business, and there is weakness in that segment of the marketplace. We all know that marketplace has nothing to do with the mega-numbers we are seeing.
Of course each mare is a case specific basis. We all know that. But when I have a $10k to $25k mare to sell, even with pedigreee, sometimes it's hard to give 'em away. I think the smaller, commercial breeders, the solo and family operations, etc. -- in today's day and age of not being in the top echelon -- they look at carrying costs, and everything moving forward, and I don't think the economics dictate the marketplace being solid. Don't get me wrong, you can sell those mares, but it certainly isn't a given.
Eric