David Hayden has a message for his fellow commercial breeders: "Change or die." The ability to be flexible during hard times, he said last week at the Keeneland September yearling sale in Lexington, is the key to survival. And Hayden, who plans to keep raising horses for many years to come, has looked at everything from production costs to where he will market his yearlings in an effort to remain profitable and avoid drowning in a sea of red ink.
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