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Expert
Posts: 3147
   
| The TB market is doing well-a WEANLING daughter of Tapit, out of a Storm Cat mare sold yesterday at the Keeneland fall sale for three million dollars! |
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  Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | It isn't, unless you have the pedigrees and consignments to back you up. People are giving TBs away. Many that don't make the grade are starving. There are too many here in LA...the result of over breeding. I've seen nice mares bring $150. |
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Elite Veteran
Posts: 669
Location: Central Texas | LRQHS - 2014-11-06 9:14 PM
It isn't, unless you have the pedigrees and consignments to back you up. People are giving TBs away. Many that don't make the grade are starving. There are too many here in LA...the result of over breeding. I've seen nice mares bring $150.
This! I just rescued 2 that were probably going to end of up starving or on a trip south. I have had numerous calls from people begging me to take more of them. Such a sad situation for most of them. |
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 Namesless in BHW
Posts: 10368
Location: At the race track with Ah Dee Ohs | LRQHS - 2014-11-06 9:14 PM It isn't, unless you have the pedigrees and consignments to back you up. People are giving TBs away. Many that don't make the grade are starving. There are too many here in LA...the result of over breeding. I've seen nice mares bring $150. I just recently aquired this filly. People went broke and needed to get rid of her. http://www.allbreedpedigree.com/fermented
She came basically as a green broke 2 year old. Had 60 days put on her the end of her yearling year and then turned out for 9 months. Started her over and she is going like a dream. Have very high hopes for her.
Edited by total performance 2014-11-07 9:53 AM
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Hungarian Midget Woman
Location: Midwest | here they aren't worth anything unless they are proven and can be used for breeding! |
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 Expert
Posts: 1229
Location: Royal J Performance Horses, AZ | not worth much here in AZ either. most off the track go for free- $1000 at most and they have to be sound and pretty.
There is a mare for sale in foal for a ridiculously cheap price. i'm so tempted to get her, but Tbs just have no resale. So i'd probably never get that foal sold to even make my money back.
The mare is proven too and ran over $75,000 |
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Expert
Posts: 1229
Location: Royal J Performance Horses, AZ | My thought process went wild after posting the above. and i just have to wonder.... if TBs can ONLY live cover to produce regs foals. ( that would bring the assumption that not as many foals would hit the ground) how on Gods GREEN EARTH are there so many with little to no demand?
Quarter horses are bred so easily and like a plague with all of our technologies at our disposal yet QHs constantly bring close to their current value when you consider Papers, record, sound, disposition, etc? |
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Elite Veteran
Posts: 667
| Well.... this is great news... I have two that are for sale.. sounds like I am stuck. lol |
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 The Original Cyber Bartender
Location: Washington | I always had a strong market for those who came off the track sound. I resold them to hunter jumper barns. A few went into western barns where they found a job. The problem has and always been addressed by the Jockey Club. But let's face it, the animal is bred to run on a track and make money, most who buy them see a dollar sign not a living breathing animal, it's value has a bottom line. I dislike that they are not given a chance by most, they are very athletic and can give a lot of joy. Here is an article that might help educate.
http://www.kentucky.com/2014/09/06/3415648/decline-in-thoroughbred-foal-crop.html |
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The Original Cyber Bartender
Location: Washington | TNcowgirl88 - 2014-11-07 7:28 AM Well.... this is great news... I have two that are for sale.. sounds like I am stuck. lol
Your not stuck, again if you rehab them put some time into them, they sell. But they need to be given a chance. Also never forget the value of a well bred mare that can cross well onto a running quarter horse stallion. |
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Hungarian Midget Woman
Location: Midwest | fatchance - 2014-11-07 9:29 AM I always had a strong market for those who came off the track sound. I resold them to hunter jumper barns. A few went into western barns where they found a job. The problem has and always been addressed by the Jockey Club. But let's face it, the animal is bred to run on a track and make money, most who buy them see a dollar sign not a living breathing animal, it's value has a bottom line. I dislike that they are not given a chance by most, they are very athletic and can give a lot of joy. Here is an article that might help educate.
http://www.kentucky.com/2014/09/06/3415648/decline-in-thoroughbred-...
When I rode H/js, I loved riding TB's.
Unfortunately, the market in Indiana for English horses (not AQHA or stock type showing) in general is pretty poor, so they go for next to nothing.
The north side of Chicago and Wisconsin have some wonderful H/J shows, as well as dressage and some eventing, but my local area is dead. The trend now has also moved towards the WB breeds, especially at the upper levels of the sport, however the TBs do make wonderful mounts. I always enjoyed riding them, back in the day. :) |
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Namesless in BHW
Posts: 10368
Location: At the race track with Ah Dee Ohs | fatchance - 2014-11-07 9:31 AM TNcowgirl88 - 2014-11-07 7:28 AM Well.... this is great news... I have two that are for sale.. sounds like I am stuck. lol Your not stuck, again if you rehab them put some time into them, they sell. But they need to be given a chance. Also never forget the value of a well bred mare that can cross well onto a running quarter horse stallion.
I have to agree here. Acquired a TB broodie a few years ago that had run out over $220K, I bred her to a son of Special Effort and have a very nice yearling filly that will run as a 3 year old. The 2 year old I just acquired will go to the track and then will make an excellent cross on a QH stallion. |
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| fatchance - 2014-11-07 10:29 AM I always had a strong market for those who came off the track sound. I resold them to hunter jumper barns. A few went into western barns where they found a job. The problem has and always been addressed by the Jockey Club. But let's face it, the animal is bred to run on a track and make money, most who buy them see a dollar sign not a living breathing animal, it's value has a bottom line. I dislike that they are not given a chance by most, they are very athletic and can give a lot of joy. Here is an article that might help educate.
http://www.kentucky.com/2014/09/06/3415648/decline-in-thoroughbred-...
This is very true. My dad runs a TB farm and it's amazing how many owners will just quit paying their board/training bill because that living breathing animal is not a priorty at the time. |
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Blessed 
Location: Here | fatchance - 2014-11-07 9:29 AM I always had a strong market for those who came off the track sound. I resold them to hunter jumper barns. A few went into western barns where they found a job. The problem has and always been addressed by the Jockey Club. But let's face it, the animal is bred to run on a track and make money, most who buy them see a dollar sign not a living breathing animal, it's value has a bottom line. I dislike that they are not given a chance by most, they are very athletic and can give a lot of joy. Here is an article that might help educate.
http://www.kentucky.com/2014/09/06/3415648/decline-in-thoroughbred-...
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 Always Off Topic
Posts: 6382
Location: ND | LRQHS - 2014-11-06 9:14 PM It isn't, unless you have the pedigrees and consignments to back you up. People are giving TBs away. Many that don't make the grade are starving. There are too many here in LA...the result of over breeding. I've seen nice mares bring $150.
like |
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 That's White "Man" to You
Posts: 5515
| I sold my 1/3 partnership in one a few month back for a pretty good wad of cash. |
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The Original Cyber Bartender
Location: Washington | Whiteboy - 2014-11-07 8:25 AM I sold my 1/3 partnership in one a few month back for a pretty good wad of cash.
Sydications can be a good thing. |
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Elite Veteran
Posts: 669
Location: Central Texas | I love the two I acquired. My first time experience with TB's. I find their work ethic to be awesome. Their natural athletic ability is a plus. Mine took to the pattern almost instantaneously. I agree, I don't think alot of people give them a chance at a second career. I am enjoying my castoffs! Not sure why they don't seem to re-sale for as much as QH's. I think they can be re-sold but in regards to the OP's question, is the market strong for them? My very limited experience is no. |
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Elite Veteran
Posts: 898
Location: Mountains of VA | Those TB auctions do not reflect the true market value. Yes, there are some extremely nice, well-bred youngsters consigned. However, there are buyers that have money out the whaazoo that love to out-bid each other, run the bids up and brag about how much they paid for the horse. Let's see, if you pay 3 million, how much insurance can you put on it??
I think the number of TB foals each year is somewhere around 30,000 and approx. 2% will make it out of the starting gate.
We had bought a TB daughter of Rahy a few year ago for $200. The year her dam was bred for her, the stud fee was $10,000. Our mare never made it to the track so she was tossed aside.
Plenty of OTTBs here that are being given away, some are sound, some are not. It is the exception to see a nice TB broke and doing a job priced over $10,000. Hardly worth it when you count all the work/training hours and other expenses to get them to the point of being sold. |
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How strong is the TB market?