Why stud fees need to be slashed. A few stud fees for 2011 have already been announced, and so far it looks like business as usual, even though business as usual is a disaster. We cannot ignore the math and go forward with “blinkers on” when the best thing that can be said about this year's horse market is that it is not in free fall compared to the previous year. We have not yet found bottom. Meanwhile, farm owners in Kentucky continue to go out of business on a regular basis, and mare owners who breed to sell are an endangered species.
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