In this Discussion
Who's Online
0 Members & 44 Non Members
Do Breeders in WA have a limited shelf life ?
Breeding
DamienWyer
7,677 posts
Something that came up in discussion regarding Magic Millions Sales in
WA, was that the most successful owner of the last season, Bob Peters,
is not a supporter of the feature sale, only secondary sales when it
suits him. He purchases mostly in the East and with good reason, as he buys quality stock that gets given every chance here. Winning 50% of the feature races this season, has not left a
lot of the pie for those owners who regularly support WA Breeders with
their commercial herds, by buying their yearlings at commercial sales.
If
you throw in several more like Universal Ruler stock, that are
overwhelmingly home breeds, half of them are winners this season, and a
few smaller bit players that breed in modest numbers and either sell off
the farm directly or retain to race, then it is not difficult to see
that Magic Millions have been selling stock in WA for the first time
that have been less than dominant in the winners circle.
The
facilities at Belmont show no signs of improving in the slightest.
Construction of the long promised redevelopment is no closer today than
in the previous ten years of broken promises. The sales complex is third
world according to vendors and clients alike, and must be a source of
bemusement for any Interstate or International buyer who finds
themselves in Perth.
Each year the number of yearlings offered
for sale has shrunk, so it is reasonable to assume that this trend is
not going to slow down, and with a clearance rate that is the worst in
the country for this most recent sale, I don't think it will take much
for Magic Millions to reconsider their position in WA and perhaps pull
up stumps.
These are things that need to be discussed. I don't know if anyone really cares. But it does concern a few of us.
WA, was that the most successful owner of the last season, Bob Peters,
is not a supporter of the feature sale, only secondary sales when it
suits him. He purchases mostly in the East and with good reason, as he buys quality stock that gets given every chance here. Winning 50% of the feature races this season, has not left a
lot of the pie for those owners who regularly support WA Breeders with
their commercial herds, by buying their yearlings at commercial sales.
If
you throw in several more like Universal Ruler stock, that are
overwhelmingly home breeds, half of them are winners this season, and a
few smaller bit players that breed in modest numbers and either sell off
the farm directly or retain to race, then it is not difficult to see
that Magic Millions have been selling stock in WA for the first time
that have been less than dominant in the winners circle.
The
facilities at Belmont show no signs of improving in the slightest.
Construction of the long promised redevelopment is no closer today than
in the previous ten years of broken promises. The sales complex is third
world according to vendors and clients alike, and must be a source of
bemusement for any Interstate or International buyer who finds
themselves in Perth.
Each year the number of yearlings offered
for sale has shrunk, so it is reasonable to assume that this trend is
not going to slow down, and with a clearance rate that is the worst in
the country for this most recent sale, I don't think it will take much
for Magic Millions to reconsider their position in WA and perhaps pull
up stumps.
These are things that need to be discussed. I don't know if anyone really cares. But it does concern a few of us.
Comments
As in the collapse of local breeding, and the Withdrawl of WestSpeed - would just make it easier for the big wallets.
WestSpeed is what allows those of us on smaller budgets to compete.
NO, but expensive stallions may be. There will always be a need to breed for the volume of racing we have, but not for regular Saturday runners.....Tivers highlights why it is holding it together at the moment
Withdrawal of Westspeed? :O 1st I've heard of it @Tivers - What's the mail there?
Thoroly_Bread likes this post.
Have noticed a lot of WA buyers at the sales east of the rabbit fence in the last 18 months or so, it will be interesting to see if the quality/competitiveness of racing locally improves when these interstate bred horses hit the track in a couple of years, maybe even next year for the babies.
Also noticed at least one WA stud has a few in the upcoming yearling sale at the GC - is this a sign of things to come?
The initiatives put in place recently - both the Stallion and Stakes winning Mares incentives are a step in the right direction IMHO, however the choice of Stallions here is not that great at the moment.
The recent sale showed that local buyers will not be tempted by below average stock and breeders need to realise this if they wish to prosper
As far as I understand Bob Peters purchasing, he has always chased high quality mares through East Coast sales, sending them to the best of matched Stallions, and raced the offspring here until good enough for him to take East and race. In recent times he has bought into Stallions for that same purpose. But he seldom supports the premier yearling sale here, instead selling at the Winter Sale, with stock leaving his system. He has on occasion bred to local Stallions, but this is rare.
Essentially he puts into the Eastern States breeding operations, and takes out of the WA. He races here under Westspeed rules, as he qualifies being a WA based owner/breeder, but as most people would be aware, that system was setup to support the commercial endeavours of WA based breeders in supplementing drafts going to Perth MM sales, but through this loophole has allowed those who breed to race with financial backing, to do so across borders and nothing in the way of real returns come to the WA breeding industry, for whom this scheme was established to support.
Several other people have done it as well, so he is not alone, and I am not suggesting he is doing anything other than what he can do. Mostly because the scheme was ill conceived and it allowed its own manipulation.
But none of this supports WA breeding. The commercial viability of Magic Millions sales in WA is the reason for me raising these points. Stock on offer at those sales are more and more, not winning at the top end and buyers are looking to other markets as it is getting tougher and tougher to win a race in Perth on a Saturday.
Some-one else will take it on
He entered her in a sale then withdrew as he did with Delicacy - she was in last years Perth Autumn Sale before being withdrawn #:-S
RIO likes this post.
This would reduce our local Industry to just selling to local buyers, but when it is all said and done, just how many yearlings go Interstate out of our sales ?
Does anyone know of a WA site that shows the % of Saturday winners either bought at WA sales or homebred?
bob has a share in him so a few of his mares will have a foal or two on the ground.
Westspeed Sires Scheme will be brought forward by a year, making all nominated
runners by a Western Australian sire eligible to receive an additional bonus of $10k
for each Saturday Westspeed win which will increase to $15k in the following
season.
Sorry to edit your statement Tivers. But the above is what happens regularly with most RWWA funding increases. they continue to miss the market requirements.
Yes it is good to keep the top end of town buying and breeding(this has to be done), however at the other end are the battlers who though they bought a Saturday runner and end up with a Narrogin struggler. It really does very little to encourage them to have another shot next year...And this is the market that RWWA haven't targeted too well, even the breeders/stallion owners have cottoned on to a free return, which helps breeders give it another shot. But nothing for the owners.
GaryH likes this post.
Now this is nothing more than what the marketplace was willing to pay for WA bred stock this year, but I believe it does show the mindset of purchasers when schemes like Westspeed Sires Scheme are discussed. The 'good' stock, and this doesn't take into account WA breeders who send their mares East and retain that stock, need a hell of a lot more in the way of support to make WA Stallions commercial.
It is difficult to win Saturday racing in any season, but it ain't getting easier. The current season demonstrates that clearly.
Can I suggest, as I have before, that RWWA should pay attention at the grassroots level for ways to show their support. Saturday racing doesn't need more money thrown at it for local bred horses, because there is enough incentive already in place. Midweek and Provincial and even Country, need a lower level of support but across a broader base. That will put real money into the hands of people who haven't purchased a Saturday or Stakes quality horse and are just trying to support the local industry on a reduced budget or syndicated level.
Tivers, GaryH likes this post.
All
Stallion owners who participate, cannot claim on stock they breed for
themselves and retain or part thereof. The only beneficiaries shall be
those who purchase privately, at auction, or breed their outside owned
mare to that nominated Stallion.
Tivers dislikes this post.
It is nothing to do with lining Gerry's pockets, you seem to bang on about this a lot. It's about WA stock being commercial and competitive. It's about Stallion owners or those who wish to be, going out and getting a decent Stallion like Blackfriars or Oratorio, who can produce stock that can ward off the best of the Interstate bred horses.
Where this scheme fails is that it was ill thought out. For the cost of $5,000 or the advertised stud fee of your WA based Stallion, you could nominate for this scheme. That is a very cheap payback for anyone who sends a handful of mares to their own bull, then gets to race them for bonus money on Saturday's unavailable to most because those horses were not offered. At the very least, it encourages owners of stallions to keep in their opinion, those stock that would attract the most attention of buyers at a sale, but instead they dumb down the sold stock and use this incentive scheme to cloak the crap in promises of riches to come.
GaryH likes this post.