The advisory committee for the Kentucky Thoroughbred Breeders' Incentive Fund said Oct. 10 it plans to examine the structure of the program as it relates to the percentage of fund participants that contribute revenue.
Millennium Farms today announced 2014 stud fees for its four stallions, including grade I winner Swagger Jack. All fees are payable when the foal stands and nurses.
John Sikura's Hill 'n' Dale Farms near Lexington has released its 2014 stallion roster and stud fees, headed by Stormy Atlantic and Midnight Lute, who will stand for $30,000 and $25,000, respectively.
Juddmonte Farm announced Nov.11 that Mizzen Mast will stand for $20,000 in 2014 and First Defence will have a stud fee of $15,000.
Taylor Made Stallions in Nicholasville, Ky., has set fees for its 2014 stallion roster, which features a pair of new grade I winners, Oxbow and Graydar.
Hill 'n' Dale Farms said Nov. 4 Midnight Lute will stand the 2014 breeding season for a fee of $25,000 live foal, stands and nurses.
Brethren and Winslow Homer are new to the Central Florida farm's 13-stallion roster.
The average stud fee has decreased 6% for the 2013 breeding season. read blog
Spendthrift Farm leaves its stud fees unchanged in Kentucky and regional markets. The farm has 11 stallions in Kentucky and others at Park Stud (Ontario), Keane Stud (N.Y.), and Elite Thoroughbreds (La.)
Unbridled's Song, who is just four short of his 100th stakes winner, will stand in 2013 for $60,000.
Lane's End stallion Smart Strike, a two-time leading sire, will stand in 2013 for $85,000, the same fee he stood for in 2012.
War Front, who ranks fifth on this year's third-crop sires' list by progeny earnings, will stand in 2013 for $80,000, a jump of $20,000 from his $60,000 fee in 2012.
Stud fees are rising, nudged upward by the gradual recovery seen this year in the Thoroughbred commercial market. However, the current tide is not raising all boats. read blog
Top sire Wildcat Heir will remain at $10,000 for 2012. New sires J P's Gusto will stand for $3,500, while Vineyard Haven will stand for $3,000.
Dramatic upswings in stud fees for 2012 aren't expected, but some successful stallions will be priced higher.
War Front, second on the second-crop sires' list by progeny earnings, will stand in 2012 for $60,000, a jump of $45,000 from his 2011 fee of $15,000.
The combination of high stud fees and falling Thoroughbred prices has battered commercial breeders financially in recent years. But this year they finally are getting some relief based on results of two early auctions.
Mare owners shouldn't expect stud fees to drop much lower, according to horsemen at several Central Kentucky farms who were interviewed recently.
Fanlew Farms near Serepta, La., has announced its 2011 stud fees for six stallions.
Even though stud fees were lower, pregrant mares and weanlings sold at Keeneland in November didn't improve their profitability dramatically.
A Kentucky Horse Racing Commission committee is considering changes to the state's Breeders' Incentive Fund, money for which comes from a 6% sales tax on stud fees.
Headley Bell of Mill Ridge Farm and Nicoma Bloodstock believes there are some signs that stud fee reductions are working. Read Blog
Taylor Made Stallions announced its stud fees Nov. 24, with the majority seeing decreases, including a slight reduction for Unbridled's Song.
Champion Gulch has been pensioned from stallion duty because of declining fertility at William S. Farish's Lane's End Farm near Versailles, Ky.; A.P. Indy to stand for $150,000 as farm announces 2010 stud fees.
Citing the economic situation facing the breeding and sales industries in North America and Europe, Sheikh Mohammed's Darley operation announced Oct. 28 that fees for 37 of its 40 stallions on those two continents would remain unchanged or decrease for 2010.
The 2009 stud fees for WinStar and Taylor Made/WinStar Venture stallions standing at WinStar Farm, near Versailles, Ky., were announced Nov. 6. In a departure from the general trend of declining stud fees, the fee for Tiznow will rise from $30,000 to $75,000 for 2009.
Awesome Again and Ghostzapper will stand in 2009 for $150,000, the same stud fee they each commanded this year. The stallions stand at Frank Stronach's Adena Springs near Paris, Ky., which announced its 2009 fees Oct. 23.
With the prices for sale yearlings falling and world economic problems rising, many breeders are hoping to save money on stud fees in 2009. Stallion managers in Central Kentucky are expected to begin announcing the amounts they will charge soon, and several of them told The Blood-Horse they would be more likely to keep their fees the same than go down. They also plan to raise the fees for some stallions whose progeny have been performing well on the racetrack.
The huge Keeneland September auction provided the yearling selling season's biggest and stiffest test of the commercial appeal of new stallions' progeny. Because many young sires had a large number of offspring offered, their success depended less on a few carefully-selected top individuals and more on their ability to pass along good conformation consistently to their offspring.
Khalid Abdullah's Juddmonte Farm near Lexington announced its 2008 stud fees Nov. 1,with two remaining the same and one seeing an increase.
Buck Pond Farm, near Versailles, Ky., has lowered the stud fees on three of its 11 stallions. Breeding fees have been dropped for State City, Seattle Fitz, and Colonial Colony.
Ashford Stud, a division of Coolmore located near Versailles, Ky., released its 2008 stud fees Nov. 1. The list includes Fusaichi Pegasus seeing another significant drop, Van Nistelrooy a sizeable jump, and a fee announced for new stallion Scat Daddy.
Adena Springs has announced stud fees for the nine stallions it will be standing in Kentucky and the nine the farm will be standing at its Florida farm in 2008.
Lane's End Farm has announced its stud fees for 2008. There are 20 stallions on the roster for next year.
- By Ron Mitchell
That the strength of the yearling market held strong throughout the marathon Keeneland September yearling sale is nothing short of, as Keeneland sales director Geoffrey Russell is wont to say, "phenomenal."
A few years ago, Jay Brunker believed a breeder could slightly overbreed a mare and not get hurt by the decision. Now, the owner of Grade I Bloodstock is not so sure, and he is cautioning his clients to be conservative in their mating decisions.
The tax-free status of stallion income in Ireland will be abolished, as had been widely predicted, but not until July 31, 2008. Ireland's finance minister Brian Cowen announced the decision during his budget speech before the Irish parliament on Dec. 7.
As always, the releasing of Coolmore's stud fees were the most anticipated in Australia.
The hottest stud in Australia, Arrowfield, home of the "wonder from down under" Redoute's Choice (Danehill -- Shantha's Choice) announced its 2005 stud fees Friday.
Racing in general seems to slow down over the winter. Oh sure, there are newly-turned 3-year-olds to watch at Gulfstream Park, Santa Anita, and other major tracks and the announcements of the Eclipse Award winners and Experimental Free Handicap. But overall, there is a letdown in excitement.
The Breeders' Cup board of directors, given shifts in the number of mares bred, is considering a change in stallion nomination fees and could take action at its meeting in June.
Can it really be just a year ago that the top price for an incoming stallion was only $40,000? That the second-highest price was $30,000? Well, now the top price for a newcomer is back up to six figures, $100,000 to be exact, and the next highest is $50,000.
Empire Maker, whose Belmont Stakes (gr. I) win ended the Triple Crown threat of Funny Cide, has been retired from racing and will stand for a fee of $100,000 live foal at Khalid Abdullah's Juddmonte Farms near Lexington.
Gone West, whose yearling filly out of Touch of Greatness brought the top price of $3.8 million at the Keeneland September sale, will stand once again for $125,000.
Move over Vindication. There's a new leader among the stallions entering stud in 2004. Mineshaft, the leader on the NTRA poll, will begin his stallion career in 2004 for $100,000, twice that of Vindication, last year's champion juvenile male.
A.P. Indy, who is having another good year at stud with eight stakes winners and the earners of $3.8 million, will stand in 2003 for the same $300,000 amount that he stood for in 2002, according to figures released by William S. Farish's Lane's End Farm.
After a year's hiatus, Stallion Access' Champagne Sale of Selected Seasons and Shares returned the evening of Aug. 9. Held at Fasig-Tipton's Humphrey S. Finney pavilion in Saratoga Springs, N.Y., the sale saw 33 of the 44 no-guarantee seasons for 2003 sell for $963,500. In addition, two stallion shares sold for $182,000. The auction, a bellwether sale for next year's stud fees, averaged $29,197.
The late John M.S. Finney once compared the science of Thoroughbred breeding with Albert Einstein's theory of relativity. "Where E represents equine investment," Finney said, "M represents money, and C represents confusion--E equals MC squared."
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