How
to Pick and Promote a Broodmare
By Todd Martin
Recently
I have been building some broodmare bands for a couple of clients.
I thought since it was fresh on my mind, I would share a couple
of the finer points to picking a good broodmare. One is have a
lot of money and patience. Second is give it to me and trust me.
Just kidding.
Seriously, first you need to see what event you are wanting to
breed for and stick to it. Now days the show pen has become very
competitive in specific disciplines. Certain breeds definitely
perform better on average in certain disciplines than others.
That being said there are also some that cross over well into
several events.
For the sake of argument the event we will use is reining since
it is the discipline I train for. When looking for a broodmare
for reining, I ideally want a mare that has bloodlines that will
also cross well for cutting and working cowhorse. This is where
we have gotten most of our reiners. It also diversifies my selling
ability. For example; I would like to find a mare that is an own
daughter of Smart Chic Olena. Why you ask? Because he is a producer
of world champions in all three events (reining, working cowhorse
and cutting). If my first foal out of her works more like a cutter
or cowhorse, then I know where I need to promote and breed her
from that point on. Now you take an own daughter of Hollywood
Dun It and her foal turns out more like a cutter. Good luck on
selling it to a cutter. The reason for this is the numbers just
do not work in favor of the cutter to purchase this horse. He
is going to have a hard time getting a perspective buyer to even
come out and look at a cutting horse out of Hollywood Dun It,
unless the price is right, and by that I mean low.
Now we have established the type of breeding and the event, next
is how much is this going to cost me. There are smart ways to
do this and sadly they all cost money. But, the first and, I feel
the most important, is how much bang for your buck are you going
to get. I work on quality not quantity. Lets say that you want
to spend, oh lets get crazy and say you have an extra $40,000
laying around that is burning a whole in your pocket. Just joking
again, sort of. Lets just start out with $10,000. I just made
a whole bunch of husbands with horse crazy wives out there shake
a little. Now, most with $10,000 are thinking that I will go out
and by three, maybe four mares with decent bloodlines at a decent
price and get started. Bad move. Four mares equals four breeding
fees, four vet bills, four vaccinations, and four mediocre babies
to raise each year. Guess what, you eventually have four to get
started under saddle while you continue with paying for the four
breedings on the mares. This spreads your money way to thin and
gets nothing accomplished. Not to mention this gets you no where
because your money is spread so thin that you have no money left
to promote your babies. You do not have enough money left over
to put any of the offspring in the hands of a good trainer that
can explore their potential. This is where the phrase horse poor
comes from.
Instead take that $10,000 and purchase a mare that has good bloodlines
and is proven in the show pen. Now instead of spending $2,000
on four $500 breeding fees, you can spend $2,000 on breeding to
a stallion of good quality. This stallion has proven offspring
on the ground and has a performance record that gives you something
to brag about. Also take into consideration that you have just
saved money on not having an additional three more vet bills.
Now you have a baby that is from a proven mare and out of a proven
father, and the chances of selling that baby and it actually getting
to the show pen is much greater. Plus you have increased your
profit margin. You will make more money with quality. Let me give
you and idea of how I price a long yearling; I double the breeding
fee and go up or down from there depending on the quality of the
mare that she is out of. If the mare has good bloodlines, the
price goes up. If she is a performer in the show pen and successful
in the show pen, the price goes up. If she has other babies on
the ground that are performers, the price again goes up. Why?
Because I am not going to gamble my money on your mares offspring
just because it is a pretty buckskin and goes back to War Leo
some five generations back.
Think of it like a business. If I purchase this mare for $10,000
and put $4,000 into the baby between breeding and a little training,
then I can sell it as a honest to goodness prospect at $7,000.
It will take me a little over six years to pay her off and have
the next two that are on the ground making a better profit.
Another plus to purchasing a mare that has value to her, is there
are a lot of stallion owners out there that want to get some babies
on the ground that will have a chance at hitting the show pen.
You have what the stallion owners want, a proven mare and you
can use that to get a break on the breeding fee. Which also improves
your profit margin.
Truthfully, I could go on and on about the importance of a broodmare
to a successful breeding program. The broodmare in my opinion
is the most important element to building a strong business. I
have given you a few key points to consider when starting. However,
really do your homework. If you have any questions feel free to
contact me.
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