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Bit Of A Yarn

Karaka 2022 - Book 1 Results. Up on last year?


Chief Stipe

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2 minutes ago, Chief Stipe said:

Why would they?  You keep referring to Inglis as if they are the only option available in Australia.  Do the Magic Millions have these "honest conversations"?

There are ELEVEN Yearling Sales in Australia.  How many "honest conversations" were had?

 

Now your starting to show your lack of knowledge in this area Chief,I can tell you  Aussie do have those conversation 

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Just now, Tesio said:

Now your starting to show your lack of knowledge in this area Chief,I can tell you  Aussie do have those conversation 

So what?  It's a conversation.  At the end of the day no one is forcing the Breeder to breed from their mares.

Who are the mugs - the Breeders losing money or NZB making money?  

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4 minutes ago, Chief Stipe said:

So what?  It's a conversation.  At the end of the day no one is forcing the Breeder to breed from their mares.

Who are the mugs - the Breeders losing money or NZB making money?  

I would expect a comment like that from you …. Implying the breeders are the mugs …. Guess it’s a bit like this website of yours and how you interact with your customers….. that are leaving your site in droves.

nzb have responsibilities to guide breeders, give feedback and support the breeding industry … guess like you they struggle to understand that full concept.

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3 minutes ago, Tesio said:

I would expect a comment like that from you …. Implying the breeders are the mugs …. 

No I didn't I just asked the question.  Some breeders did OK at the sales.  Some didn't.  Some have crap mares and some produced crap yearlings.  That is there is a quality aspect to supply and demand.

No one forced anyone to breed did they?  

It's an auction you take your chances.

7 minutes ago, Tesio said:

nzb have responsibilities to guide breeders, give feedback and support the breeding industry … guess like you they struggle to understand that full concept.

What if NZB did or didn't "guide" the industry at the end it is individual breeders choices.  Market forces - there maybe won't be as many turning up in 2 years time.

That said you are surely not suggesting that NZB should tell every breeder what mare they should breed from and which stallion they should send it to?

Some would argue that they do that too much already with their restrictions on who gets into Book 1.

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You haven't mentioned that Book 1 was up on last year and that $64m was returned to the breeding industry.

Did you have a yearling in Book 2?

I'm surprised the market from local buyers wasn't more bullish given the promise of substantially more Stakes AND all those AWT fields to fill.  I guess local investors are holding back.

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21 hours ago, Chief Stipe said:

You haven't mentioned that Book 1 was up on last year and that $64m was returned to the breeding industry.

Did you have a yearling in Book 2?

I'm surprised the market from local buyers wasn't more bullish given the promise of substantially more Stakes AND all those AWT fields to fill.  I guess local investors are holding back.

BOOK 1 average was higher (due to higher demand for top end stock) but clearance rate was lower! Also The book 1 aggregate was actually lower than 2020 and 2019

No I didn’t have a yearling in book 2…..I’m not that crazy.

 

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1 hour ago, Tesio said:

BOOK 1 average was higher (due to higher demand for top end stock) but clearance rate was lower! Also The book 1 aggregate was actually lower than 2020 and 2019

No I didn’t have a yearling in book 2…..I’m not that crazy.

 

So that reflects the market.  Vendors will make decisions accordingly although there are still options left.  Although less than previous years due to the lateness of the 2022 sale.

The question is will they adjust their breeding decisions come September 2022 and thus a lower number of yearlings will be catalogued in 2024?

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