Bye bye Menifee

[madelyn]

Word on the street is that Menifee has been sold, headed to a regional program in the US. I haven't heard where, but the deal has been done.

[Crystal]

jeez, atleast its not japan..

[TBLADY]

Madelyn I had heard that as well this past week...they are droppoing like flys already

[madelyn]

I am working on a sales analysis by sire of the Keeneland sale, and it is just awful, showing that probably 80% of the stallions represented by more than one horse are overpriced, some by as much as 75%. One of my clients picked up a simply lovely mare, unfortunately already in foal and badly underbred. We were discussing stallions, but she won't be booked until '07 and they could have all gone by then....

It never ceases to amaze me... the results are pretty abysmal for mare owners and yet every year the media reports what a roaring success the sale was.

So far the worst offender is Awesome Again (Awful Again?)

[JimP]

Hi Guys,

Madelyn I would be interested in your report when you get it done.
The do's and don'ts so to speak.
It might help some of us to not make the same mistakes that others have apparently done.

[jacksontyger]

I would also like to see the report. I went through all the yearlings sold and mare owners did terrible. Pick a stallion in the tbtimes stallion directory and look at auction results vs stud fee. Mare owners are getting killed and we consider these the good times. I saw $6K Awesome Agains ect. People are getting raped in this wonderful market.

[Sam]

People are getting raped in this wonderful market.

I guess I'm having a hard time mustering up much sympathy.

There are far too many crap sires covering far too many crap mares all because people are breeding for the sales instead of breeding for the track. Maybe a nice bloodletting is just what is needed for people to open their eyes and start realizing that they shouldn't be sending all those unraced mares to stallions who only made 6 starts.

[O'Leary]

Word on the street is that Menifee has been sold, headed to a regional program in the US. I haven't heard where, but the deal has been done.

I heard Korea and the source was very reliable.

[madelyn]

Ah. Thanks. When my pal was told of the sale, he specifically asked if it was out of country and was told by the owner of the farm that it was in the US.. so perhaps they weren't aware at the time who the real buyer was.

[Barbaro06]

People are getting raped in this wonderful market.

I guess I'm having a hard time mustering up much sympathy.

There are far too many crap sires covering far too many crap mares all because people are breeding for the sales instead of breeding for the track. Maybe a nice bloodletting is just what is needed for people to open their eyes and start realizing that they shouldn't be sending all those unraced mares to stallions who only made 6 starts.

I was chatting with a classmate this past week and we discussed the overbreeding of the Thoroughbred. She suggested a system not unlike what the Germans do with the warmbloods. They are inspected and either the horse fits the criteria for the breed to be officially registered or it doesn't (correct me if I am wrong). Not every Storm Cat colt should be a stallion...not every mare should become a mom. The Thoroughbred in this country is becoming a show horse, period, if it hasn't already. Bless the breeders who still breed for the track. Sure you want a few to go through the ring to make some money, but it seems like that is the sole objective nowadays. Racing is a secondary thought. Hell, we should all just pack ourselves in at the sales and watch the horses there rather than go to the track.

Peace out!

[Heidilady]

I'd love it if they had some sort of breed standard. Maybe if they didn't meet it, you get to race like they did with Amazing Philly but you couldn't breed that horse back into the breed (mark it in the race program of course so people know you've got a reject in the race) . Might encourage them to just go ahead and geld an unruly horse if he hasn't passed the standard so if he goes and runs well there would be no question of letting him go ahead and breed cuz he can't.

So poor Menifee gets to go live on the same continent as Charismatic. Did anybody else notice that? The top 2 Derby/Preakness finishers are now kicked out and Charismatic still gets where they both are going first.

[Barbaro06]

Guess it doesn't matter how well you did in the TC races...ain't doing well in the sales, slow boat to Asia (or any other country).

[Vindicated]

People are getting raped in this wonderful market.

I guess I'm having a hard time mustering up much sympathy.

There are far too many crap sires covering far too many crap mares all because people are breeding for the sales instead of breeding for the track. Maybe a nice bloodletting is just what is needed for people to open their eyes and start realizing that they shouldn't be sending all those unraced mares to stallions who only made 6 starts.

I was chatting with a classmate this past week and we discussed the overbreeding of the Thoroughbred. She suggested a system not unlike what the Germans do with the warmbloods. They are inspected and either the horse fits the criteria for the breed to be officially registered or it doesn't (correct me if I am wrong). Not every Storm Cat colt should be a stallion...not every mare should become a mom. The Thoroughbred in this country is becoming a show horse, period, if it hasn't already. Bless the breeders who still breed for the track. Sure you want a few to go through the ring to make some money, but it seems like that is the sole objective nowadays. Racing is a secondary thought. Hell, we should all just pack ourselves in at the sales and watch the horses there rather than go to the track.

Peace out!

I really don't agree with this statement-as I ride hunters-and for the most part don't find many of them attractive for the show ring (by the time they are grown up anyway)-I think they are breeding for pedigree-not stellar conformation and they are certainly trying to get um big...
But I do 100% agree with the following statement-regarding breeding to race..thank you

[fastappy]

[quote="madelyn"]Word on the street is that Menifee has been sold, headed to a regional program in the US. I haven't heard where, but the deal has been done.[/quote]

Menifee got 65 mares in 2005 at an advertised fee of 15K (w/77% live foal reported). With 6 crops and 203 horses of racing age he has 132 (65%) starters & 89 winners (44% /foals of r.a.)
He has a lifetime 5% stakes winners & 5% placers with avg. earnings of $49,702 (as 10/02/06) with a strong median of $28,310.

30 yearlings sold in 2006 from 2K to 210k of which 13 sold for 10K or less (stats from TDN Sales PP's). His lifetime leading earner, Taittinger Rose has earned 382,503 and his current year leader, Lady of Clare has earned $113,980. This year he's had 2 sw's (1%) one of which was G3.

His lifetime win percentage is 16% with 29% placings. His AEI is 1.62 vs 2.01 CI. It looks like he's a solid and consistent producer of race horses, he's gotten good mares, but he's overpriced and has not been able to get the big horse at this point. Is he going to a regional market where the state begins with a C and ends with an A? Seriously we have too many Storm Cat/line stallions, though Bold Badgett did great here!

[Sysonby]

I was chatting with a classmate this past week and we discussed the overbreeding of the Thoroughbred. She suggested a system not unlike what the Germans do with the warmbloods. They are inspected and either the horse fits the criteria for the breed to be officially registered or it doesn't (correct me if I am wrong). Not every Storm Cat colt should be a stallion...not every mare should become a mom. The Thoroughbred in this country is becoming a show horse, period, if it hasn't already. Bless the breeders who still breed for the track. Sure you want a few to go through the ring to make some money, but it seems like that is the sole objective nowadays. Racing is a secondary thought. Hell, we should all just pack ourselves in at the sales and watch the horses there rather than go to the track.

Peace out!

I think a major difference is that TBs have a completely objective benchmark to be measured against which acts like the selection committee to discerning breeders. Sporthorses don't. There's plenty subjective about a "7" walk in a dressage test or judging in a hunter round etc etc.