Quarter horse sales have mirrored trends of weak economy

10 thoughts on “Quarter horse sales have mirrored trends of weak economy”

  1. Sid, thanks for the link over in your sidebar but our site has changed. We’re now located at http://tbablogs.com we link to your blog and your twitter, hopefully it sends people your way. I’d appreciate if you changed the link.
    Thanks

  2. To compare Quarter Horse racing sales such as the Ruidoso Select Quarter Horse Yearling Sale and the Heritage Place Yearling Sale to sales conducted around the NCHA Futurity is wrong. It’s akin to comparing Fasig-Tipton, Keeneland or Saratoga yearling sales to a hunter-jumper sale in Virginia and grouping them to reflect the thorughbred market. Get better sources or do better reporting.

  3. That’s a matter of opinion, and you’re welcome to yours. Fasig-Tipton and Keeneland (Saratoga is a Fasig sale) yearlings sales can be compared to mixed sales, 2-year-old sales, and, yes, “hunter jumper” sales to reflect the state of the overall thoroughbred market, which has been uniformly down for yearlings, mares, and 2-year-olds in training. Likewise, Quarter horse race yearlings sales, mixed sales, and NCHA sales (and Weaver Ranch weanling sales) can be compared to judge the overall health of the Quarter horse market for racehorses, cutting horses, and breeding stock (and working stock), which, likewise, appears to be down in all segments.

    And if I could, I’d compare the sales of mules and jackasses, too, to see the overall health of those markets. I’d bet they are down, too, reflecting the overall malaise of the general economy.

  4. For those of you who don’t know, Ty Wyant is a QH writer and correspondent for DRF.

    Mr. Wyant should know better than to minimize NCHA (cutting horses) versus Quarter racehorses. In 2007, for the first time in history, a cutting horse sire — High Brow Cat — had more in annual progeny earnings than the leading sire on the Quarter race sire list, Corona Cartel. The figures? $5.6 million for the cutting horse sire versus $5.3 million for the Quarter race sire.

    Now, the same year, 2007, the leading general thoroughbred sire was Smart Strike, with more than $14 million. There wasn’t a “jump” sire or hunt stallion that could have competed with the leading flat sire in the thoroughbred world, yet the cutting horse sire had more earnings than the Quarter race sire; therefore, when Mr. Wyant states that comparing flat horses to jump horses is akin to comparing Quarter race horses to cutting horses, he’s factually incorrect.

    Perhaps it’s he who needs better sources for information about thoroughbreds and Quarter horses.

  5. I don’t believe that Mr. Wyant was minimizing the cutting horse market, rather, he was pointing out your apples to oranges comparison.

    The quarter horse RACING market has shown remarkable resiliency in this tough economy, at least so far, and especially when compared to the TB racing auctions.

  6. Mr. Wyant names Keeneland and Fasig-Tipton and compares them to some “hunter jumper sale in Virginia.”

    Couldn’t he at least have named a sale of hunter jumpers?

    Of course, the Keeneland and Fasig yearling analogy applies to Quarter RACE horses, and the “hunter jumpers in Virginia” are the cutting horses.

    I’d say there’s a good chance he was minimizing one to the other, but, hey, maybe he wasn’t; that’s just the way it sounded to me.

    I’d remind both you and he that the headline of the article was “Quarter horse sales have mirrored trends of weak economy,” a general title encompassing the “apples and oranges” of the American Quarter horse (see logo in article), not just the “apples” of Mr. Wyant’s eye — the RACE horse — or his “hunter jumper” variety, the cutting horse.

    I’m happy to hear that the RACING market is holding up well, as you feel, but I did note that the Heritage Place winter mixed sale in January was down 25 percent versus the prior year.

    For the sake of disclosure, and to add weight to your comments, let me let the readers know that you are Tom Goncharof — your ID Tomasinnm in Twitter lists your name — R.D. Hubbard’s manager of TBs and QHs.

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