With prices tumbling at the early select sales of 2-year-olds in training, pinhookers, who provide most of the stock for the auctions, already are thinking about how they are going to approach their next buying-and-selling cycle. It's not good news for yearling consignors because, in general, pinhookers plan to be much less aggressive when buying young horses later this year.
Thursday, March 12, 2009