Registered breeding horses used in sports where there is a lot of money to be made go for high prices. Racehorses and showjumpers, for example, can earn their owners thousands of rands and it is usually possible to estimate how much a foal is worth if it has a number of prizewinning ancestors in its pedigree, and if it is well managed and well trained. The American Quarter Horse Association and Thoroughbred Breeders’ Association rate sires and dams in line with their winnings.
So, a million-dollar stallion can earn even more than what he earned on the race track through service fees. Prizewinning progeny further increases the service fees. Only the best mares, with good racing pedigrees, are served by the most expensive stallions, as there is an immediate profit when the foal is taken to the yearling sales.
This story is from the July 23, 2021 edition of Farmer's Weekly.
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This story is from the July 23, 2021 edition of Farmer's Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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