stallion profitability

Value is relative. A homebred yearling by a lowly stallion who goes on to reap rich rewards on the track, or one by a more fashionably expensive name who brings a bonanza return in the sale ring could each be considered to have offered 'value' for their breeders. In a slight departure from the norm for this annual series, we will be looking at the profitability of stallions in four key price brackets according to their yearling sales returns of 2022 set against their fees at the time of covering,...

After reading John Boyce's excellent article in the TDN (Nov. 12), I have the following observation. Unlike John, my statistical training goes back to the days of the slide rule. Yet precious little arithmetical skill is required to understand the lesson he has parsed on the state of the bloodstock industry in his article on the 2020 yearling sales. Taking up pen, paper, and employing some old long division skills, it is clear, when one approaches the subject from a slightly different angle, that his conclusion that the present situation "will...