Quote:
Originally Posted by Danzig
it all has to do with supply and demand. i expect foal crops to start rising again, since the last few sales seem to have exhibited strength that hasn't been there in a while.
farms have been cutting back on mares bred, since the buyers weren't there. the climate is changing. of course in this business it takes several years to get things turned around, but it will turn around.
that said, there are too many stakes, too many races, and too many commerical breeders.
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I'm not sure about this. Yes top shelf stock is demanding higher prices this year, but that does not necessarily transcend throughout the entire crop.
Without an influx of new owners, or at least a majority of the owners that we forced out of the game due to the economy collapse, the foal crop will remain stagnant. By and large it cost just as much to keep a 10 claimer as it does to keep a G1 winner. We need a sustainable model to makes owning low tier horses viable, and the syndicates to come back and buy them.
10-09-2013, 12:33 PM
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