Quote:
Originally Posted by Indian Charlie
I notice the Uncle Mo's have generally been selling well. How do they look to you?
It's a bit odd that his yearlings and 2yos have sold well, but his advertised stud fee has gone down.
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I think they have looked pretty good so far. They've been selling pretty well and they have worked pretty well.
Sometimes with a first year sire there can be really high demand. Sometimes there is a buzz about a certain sire and a lot of people want to breed to them. I think that was the case with Uncle Mo. His stud fee was $35,000 and I think he was booked pretty full, if not totally full. His yearlings sold reasonably well but not incredible. At the Keeneland Sep Sale his yearling average was $106,000 and the median was $75,000. That is decent for a sire that stands for $35,000 but not incredible.
Super Saver's yearling numbers were more impressive. At Keeneland Sep, his yearling average was $105,000 and his median was $80,000. But his stud fee was only $17,500. That is a much better return on your money. Even with him, his stud fee didn't go up in 2014, not even after his two year olds worked and sold well at the first couple of 2 year old sales. It wasn't until 2015 that his stud fee went up to $35,000, and that is because his progeny won a couple of graded stakes races in 2014. In general, the horses have to produce on the track for the stud fee to go up. With Uncle Mo, his stud fee may not have gone down if his yearlings' median was $100,000-$120,000, but his median was only $75,000 and they looked pretty good, but not great. If his 2 year olds win some big races this year, you will see his stud fee go up in 2015.