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Horse Market Trends
raenallday
Reg. Dec 2018
Posted 2020-07-13 10:18 AM
Subject: Horse Market Trends


Regular


Posts: 74
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So I have only been very curious about which way the barrel horse breeding industry is going to go. With pink buckle and Ruby buckle incentives now garnering so much attention, it feels as though the market has sky rocketed for stallions paid into those incentives. However, I am now seeing so many people struggle to sell their really nice bred prospects that are still paid into some incentives yet not the pink buckle and ruby buckle. I am just interested to see how the horse market is going to be transitioning in the coming years due to the pink buckle and ruby buckle incentives. I am also interested to subsequently see how the barrel racing in the rodeo industry is going to be effected by this as well since so many futurity horses transition to the rodeo world. Do you think that smaller stallions or futurity incentives will still be able to garner attention? Do you think that the incentives some stallions are paid into are going to hold more weight than the bloodlines themselves? These are just a few of the thoughts I have been having as someone who is interested in breeding in the future.

 

 

This is by no way shape or form complaining. I think both the pink buckle and ruby buckle have done great things for the barrel racing world. This is just a conversational post on where people think the trends in breeding and the horse market are going.

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Pocob
Reg. Oct 2003
Posted 2020-07-13 11:18 AM
Subject: RE: Horse Market Trends



Professional Amateur


Posts: 6750
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Location: Oklahoma

I currently see so many more variables to the horse market right now than just incentives.  COVID19 - people who have lost jobs, without work, the horse market has always been a tough market to be in.  The oil industry impacts it, fuel prices impact it.  Been a super tough market since 2009 IMO.  I continue to sit back and watch though.  Struggles everywhere and you have to pay to play. Ride the wave, so to speak.  You have to evolve to stay in it.

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casualdust07
Reg. Mar 2005
Posted 2020-07-13 11:26 AM
Subject: RE: Horse Market Trends



You get what you give


Posts: 13030
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Location: Texas

IDK. I have a yearling gelding whos enrolled in Pink Buckle, Ruby Buckle, and Future Fortunes and I'm getting basically zero interest in him. He's built right, has a proven family, and priced fair for what he should be. Zero calls or emails from his BHW ad, zero calls or emails from his bucklebarn ad, and minimal FB messages. 

All in all I think the market is a little slow, people are probably waiting until the winter sales to buy, idk.. I may just hold him until 2 and break him. My gosh if he doesnt sell when hes broke idk what I'm going to do LOL. 



Edited by casualdust07 2020-07-13 11:29 AM
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JLazyT_perf_horses
Reg. Dec 2010
Posted 2020-07-13 11:41 AM
Subject: RE: Horse Market Trends



Expert


Posts: 1515
1000500
Location: Illinois

I have no idea where it's going but I have noticed lately a greater divide between prices depending on location. I see ads for finished 3D horses anywhere between $5,000-20,000 depending on states, And some states you can pick up the horse that is in the top 3 anywhere they go for $15,000-$20,000 and some ads I see want $50K+ for the same type of horse. The same is going for young ones as well. You see some from these big name studs wanting $20K+ and some others want like $8k for the super similar bred horse by the same stud. There's so much variance its crazy. I saw one ad the other day on FB and they advertised this 11 year old mare at having $27,000 LTE and were asking $60,000 for her. She was 1/2D. She was on the west coast, but I can't remember her breeding though. You could buy 3 nice 1D horses here with nice papers for that much and probably win more $. I see a lot of horses being sold by random draw now as well, people making more money than they ever would selling outright. The whole market to me just seems totally all over the place more than usual and who knows whats going to happen. 

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