Brodie Posted January 12, 2023 Share Posted January 12, 2023 (edited) Harness racing registered foals in NZ has been declining in numbers drastically over the past decades. There was only 1367 foals registered in the 2022 year a decline of 59% in the last 2 decades which is alarming! HRNZ have acknowledged this now and are going to give a subsidy Of $1k off the service fee to all breeders for the 2023 season on a 42 day positive test. This $1k is paid to the stud and is a credit off the invoice for the service! Totally agree that things have to be done to stop the decline in breeding numbers or without people breeding their mares, the industry is doomed! Breeding horses to make money from selling and racing is a difficult business nowadays, that is the reason that people have got the stitch and arent bothering with the horse breeding like they did last century!! it is going to be interesting to see if this $1k subsidy makes any difference in promoting breeding their mares this season? Hopefully it helps a bit but probably will not make one iota of difference as $1k is not a lot when you consider the stallion’s service fees and the many other associated costs, is it much of an incentive do you think? Not sure what Bettors Delight service fee is but probably around $30k? There is also a $3k subsidy for breeders that breed from a mare that was not bred from in 2022 if it is an additional mare owned by the same owner! This is estimated to cost around $1 million to HRNZ so hopefully it works to improve numbers being bred! What do you reckon, will it make any difference???? Edited January 12, 2023 by Brodie Quote Link to comment Share on other sites More sharing options...
Unhinged Posted January 12, 2023 Share Posted January 12, 2023 Personally I think supply and demand is the biggest driver of the breeding industry, over the last few years Stonewall have been very active in the market which in turn has driven the prices up and shortened the supply. Westview will be breeding a few in the coming seasons, will a grand make any difference on a betters service fee of 22,500 plus all the other cost which come with it , certainly not. Over a million into stakes targeting maiden wins would be a bigger incentive to me and keep in mind over 50% of horse's have breeders in their ownership. 4 Quote Link to comment Share on other sites More sharing options...
Robalan Posted January 17, 2023 Share Posted January 17, 2023 By the way Brodie, the subsidy is paid to the owners of the mare not the studs Quote Link to comment Share on other sites More sharing options...
Brodie Posted January 17, 2023 Author Share Posted January 17, 2023 3 hours ago, Robalan said: By the way Brodie, the subsidy is paid to the owners of the mare not the studs Are you sure about that? I have been led to believe it comes by way of a credit on the studs invoice to the owner?? Quote Link to comment Share on other sites More sharing options...
Robalan Posted January 17, 2023 Share Posted January 17, 2023 It was originally intended to do it that way, but was changed to a direct payment to owners once the stud fee has been paid 1 Quote Link to comment Share on other sites More sharing options...
Brodie Posted January 18, 2023 Author Share Posted January 18, 2023 8 hours ago, Robalan said: It was originally intended to do it that way, but was changed to a direct payment to owners once the stud fee has been paid All good! Personally do not believe that $1k will make any difference to whether broodmare owners breed or not! 1 Quote Link to comment Share on other sites More sharing options...
Taku Umanga Posted January 18, 2023 Share Posted January 18, 2023 10 hours ago, Robalan said: It was originally intended to do it that way, but was changed to a direct payment to owners once the stud fee has been paid Once HRNZ comes up with the paperwork for claiming the subsidy - I'm told it's still in the pipeline Quote Link to comment Share on other sites More sharing options...
Brodie Posted January 18, 2023 Author Share Posted January 18, 2023 2 hours ago, Taku Umanga said: Once HRNZ comes up with the paperwork for claiming the subsidy - I'm told it's still in the pipeline 2 hours ago, Taku Umanga said: Once HRNZ comes up with the paperwork for claiming the subsidy - I'm told it's still in the pipeline Seems like a rather cumbersome way of doing it? Surely would be far easier for the stud to put the $1k credit on the invoice to the broodmare owner? Then the stud puts in a claim for the total amount of all the services supplied with the broodmare and owners name??? Would seem to be a far easier system but lets make it more complicated! There probably is not that many studs with stallions nowadays anyway? Quote Link to comment Share on other sites More sharing options...
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