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Originally Posted by Cannon Shell
Well there will be less incentive to retire colts but then again Vinery just gave a lot of money for 1/2 of a pretty medicore prospect in POTN. There wont be as much money at the top of the market, the $40 million types but the lower end will still pay more than a horse will earn on the track. In theory this market should continue to collapse for at least another year or two. The bloodstock market in November will be much worse.
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Is this why your really sending Phil?
What happened to all the free food and beverages?
Jeffrey Seder of the EQB consulting firm joked that one sign of the Thoroughbred market’s health was the difficulty he was having finding a free cup of coffee at the September sales. Some consignors, when the auction business was doing better, had large spreads of food and provided drinks. But this year, they were cutting back on the freebies. To economize, Denali Stud’s Craig Bandoroff stopped offering pistachios. But you could still find rum cake at Mill Ridge Sales, and Lane’s End still was giving away hats with their stallions’ names on them.
http://www.bloodhorse.com/horse-raci...d-some-answers