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Originally Posted by ELA
Everyone seemed to be concerned about the so called "bottom" and that the middle might weaken. If the top remains the same, the trickle down effect has to occur. The people in the 100 to 300 marketplace are the real buyers and that market has softened. At the Spa, you had real trouble selling horses under 100 -- strictly due to sellers expectations. That should change here.
Eric
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It would be a boon for buyers and the trickle down effect would be that breeders have less cash to spend on stud fees and cheaper mares which could lead to lesser mares being taken out of circulation and stud fees being reduced. Which would be a positive for everyone except stallion owners.