Keeneland November Breeding Stock Sale

The online catalog is up on the Keeneland web site.

There are 16 American Pharoah weaners in book 1.
A filly out of Life At Ten, and one out of the dam of I’ll Have Another.
There is colt out of Joyful Victory, and the mare herself sells in foal to Pioneer of the Nile.

Weekend Whim sells in foal to Madaglia d’Oro and of course Lady Eli, Stellar Wind and Cathryn Sophia are in the catalog as well.There are too many really nice ones for me to post here but if you are interested the catalog is here: http://flex.keeneland.com/saleindex/saleindex.html

So many fancy pedigrees and great mares.

Interesting interview that I caught the tail end of an interview with Bill Farish(?) from Lanes End who is consigning Stellar Wind talking about the challenge of having a nice mare like Stellar Wind who wil be most likely running in the BC and then showing up in Lexington for this sale :slight_smile: She truly could continue her racing career or become a broodmare. For some of these mares, interesting to see what the new owners will choose do with them.

Also looking forward to see how the AP babies sell…

I want to see what they look like!

Every year some fillies and mares are classified as racing or broodmare prospect. This years batch: http://flex.keeneland.com/saleindex/…exes.html?dm=2

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What is the motivation to sell a mare (thinking of Cathryn Sophia here) in foal? Do people do it because they aren’t in the breeding business or because it’s less risky than keeping a weanling alive?

Many people who own valuable race mares don’t want to be in the breeding business. So when the mare’s career on the track is finished they sell her, and a mare in foal is always more valuable than one who’s “open”.

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Wouldn’t the new owner of the mare have to pay the stud fee (even though they didn’t plan the breeding)? Since most stud fees are due when the foal stands and nurses.

Is Songbird in the catalog? I’m at work now and I can’t look at the catalog…Keeneland’s site is blocked because it is about gambling. :lol:

Interesting question about who pays the stud fee, imagine the answer is it depends on what was in the breeding contract or agreed to when the mare sells. Might vary between breeds as to what the norm is.

Personally, think it’s a smart move to get a decent mare coming off the track in foal before selling. Possibly get a break in the stud fee as a decent race horse likely to enhance the studs record as well as prove she’ll catch and carry. Risky too but…think it’s smart as opposed to carrying it through a let down then offering it open if you don’t care to get into the breeding side.

Would also seem to be a positive demonstrating a maiden mare that is in foal so a past history of being able to have a foal (at least conceiving one :slight_smile: ).

The seller has to pay the stud fee and the stallion service certificate has to be on file with the sales company before the mare goes into the ring.

All stallion Live Foal (LFSN) service contracts, at least any for a stallion worthy of breeding to for the market state very clearly; If the mare is entered/offered at a public auction the Live Foal contract is null and void and becomes No Guarantee when the mare steps foot off the van and onto the sales grounds.

All buyers will/should have the mare preg checked after purchasing and before the mare leaves the sales grounds. If the mare is found not to be in foal the sale is rescinded.

If the mare does not sell, is a RNA the seller now has to hope that the mare carries to term and has a “live foal” that stands and nurses. Because now there is no guarantees, no refunds, do not pass go

Of course a breeder or the agent that purchased the season for the breeder and has a good relationship with the stallion owner they may be able to arrange for the stud fee to paid out of the sales proceeds. They maybe able to get the “live foal” clause reinstated after the mare is shipped back to the breeder’s (seller) farm, boarding farm and the mare is rechecked and is found to be still safely in foal.

Most contracts state if the mare is sold privately the LFSN contract becomes a No Guarantee (NG) contract. But this is also negotiable at times. Everything is negotiable depending on who you are and or who is asking, doing the negotiating.

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Songbird is consigned to the Fasig Tipton November sale on Nov.6th, the day before the Keeneland sale begins. Miss Temple City, Tepin, American Cleopatra (full to AP) and some other nice mares are in the F.T. sale.

I would concur that both Keeneland and F-T have some very nice racing/broodmare prospects :slight_smile:

Gumtree, thanks for the detail on what a TB LFSN contract contains (the part about being offered for public auction along with NG if sold privately) and what happens if the mare does/doesn’t sell.

With all these caveats, still think it is a good idea to sell broodmare prospect in foal or open? For a quality mare, are the buyers willing to take the no guarantee risk since stud fee is paid (and yes, I’d assume nice mare in foal to nice stallion :slight_smile: ).

Always better to sell a broodmare in foal, unless you pick a really obscure, poor quality stallion (that will result in an unsellable, untalented foal). Better to buy 2for1, have the chance at selling weanling/yearling to recoup mare cost. Also proves the mare can conceive.

Later bred dates are less desirable-- a late foal will be a bit “behind” at the yearling sales, and it puts you later in the year getting the mare bred back (resulting in a gap year sooner or later, loss of production while having to feed/care for an open mare for a year). Also, a late breeding date may suggest poor fertility and took multiple cycles for her to catch (expensive!). Studying her last several foaling dates, you can usually figure out if she routinely catches on the first try or if she was more difficult. Most mares in Ky are hopefully bred on their first cycle after foal heat, about a month out from foal date.

Buying a mare in foal, the risk of no LFG isn’t a a major worry. Most mares who make it past 60 days in foal will retain the pregnancy, even through the stress of the sale. Problems do happen, but it’s not very common. There could be a risk of placentitis or fescue exposure, but but most breeders buying at the sale are aware of those risks. Aside from mares bred to the very upper end stallions, many prices are reasonable for the combination of mare and stud fee…in many cases at the lower end, the mare sells for not much more (or even less!) than advertised fee.

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Thanks EventerAJ. Makes sense.

I would hope a Cathryn Sophia wouldn’t be bred to a really obscure, poor quality stallion :slight_smile:

Easy for me to say but if I had a nice quality broodmare prospect such as Cathryn Sophia, I would do due diligence to pick the “right” stallions to breed her to (in terms of performance and bloodlines) as if I was keeping mare and foal even thought I wouldn’t be.

A bit hard when selling the first time in–foal mare as no foaling history to fall back on in terms of any breeding or foaling difficulties (a la RA).

Here are a few of the F.T. October Sale yearlings that will be selling beginning Monday.https://www.youtube.com/results?sear…ry=thorostride

There are a few Keeneland November Sale videos up as well as F.T. Nov…

There are never as many videos for the autumn sales as there are for the spring/summer sales.

Buyers can arrange to have live foal insurance in place at the fall of the hammer when purchasing a pregnant mare.

This adds some cost but lessens the risk considerably.