Re: Manipulation by veterinarians of the limbs of young horses (505 Views)
Posted by:
sighthound (IP Logged)
Date: October 05, 2007 11:24AM
Well, the ped is the only residual value you've got.
I think it comes down to the reality that the buyers have different agendas, and these agendas conflict to some extent.
That affects what's offered and what is done to get that horse to market, in order for the seller to realize the highest return.
No matter the end-user, you get more dollars selling a popular ped, straighter legs, and muscling. And you have to sell horses in order to stay in the business and be able to eat.
At the Kee sale, 4,901 offered, 3,799 sold. What percentage of those yearlings went to:
Future stallion (and broodmare) makers - buying for breeding
Pinhookers - buying for resale and profit
Ultimate end users - buying to race that horse
I would like to know what percentage of sales went to pinhookers. I think that affects what is done to get a horse to market more than anything. Those buying to race will accept different pedigrees, conformation, maturity (muscling, etc) than pinhookers will.
I think the market would be quite different if the majority of pinhookers were out of the equation.
Comments?