Get ready for smaller field sizes

[Cannon Shell]

Originally Posted by Rudeboyelvis

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.

I think that supply and demand is in full effect this year. The most recent FT Timonium sale was almost 1/3rd smaller this year than 2011 and the prices were very strong for less than stellar horses. The lower tier horses aren't quite as bad as they used to be because the bad and old mares were taken out of production. Younger mares without great credentials weren't bred. Stallion owners did less filling out of books. Those horses kept the prices overall down but there were always a few low priced gems that came out of the sale. This year and at the end of keeneland those horses that I used to scoop up for 5k are selling for 20k. There is money out there looking to get in because the stock market is riding high.