I wrote a recent post about the three-day Ruidoso select yearling sale — the marquee quarter horse sale — that ended Sept. 6, but there hasn’t been much reportage on the sale that I can find. I’ve Googled the sale and come up with very little, including from the sales company website, which as of today hadn’t posted a press release on it. The company — and several writers — were quick, however, to issue press releases/articles on the company’s prior sale, the New Mexico-bred yearling sale, held Aug. 21 and 22. Could it be because the latter sale was up in average and gross, while the marquee sale was down significantly?
When I wrote this post on the quarter horse business on July 21, you’ll note that I had two responses from quarter horse people (see comments). One, from the leading writer Ty Wyant, didn’t like my “methods” of comparison; the other wrote in anonymously that the business had actually held up better than the thoroughbred side. That writer turned out to be Ruidoso Downs owner R.D. Hubbard’s manager. Mr. Wyant also has been a media guy for Ruidoso. Both industry insiders apparently were optimistic that the quarter horse business wouldn’t suffer as badly from the weak economy. Unfortunately, the big sale was down, although the few articles or blog posts on the sale have had conflicting numbers. It’d be nice if the sales company or leading writers like Mr. Wyant would put the official numbers together for us, and in perspective, but that’s apparently asking for too much information in a bad market.