Perhaps one or the other, perhaps both Ceejay, perhaps neither.
Look, this stuff itself won't even be consistent. California just chose a rival company to polytrack. Different stuff.
I don't think you get what many people fear. Even a 2-5 year interruption in the breeding market would cause chaos that would be a death blow to the breeding industry. Check out tonight's sale and look at the prices.
If you have a period of uncertainty and stallion and mare prices crash, most farms will not survive long enough to see how it shakes out. They really won't.