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1.Market Observations, 8.Was Sticky

26 May 2018 (AFR) – Uptick in horse prices gallops on – Horse breeders back on a winner

[COMMENT: This it NOT advice of any sort. This is merely reporting of the news.]

(26 May 2018, AFR, p2, by Fiona Carruthers)

‘Fancy breeding and selling a racehorse? Now could be the time. As the annual yearling sales season draws to a close, it’s fair to conclude that a decade on from the global financial crisis – when stallions’ stud fees were slashed by more than 50 per cent as yearling prices plummeted – thoroughbred sales are again surging, with Inglis reporting two consecutive record-breaking sales over the past few months, and Magic Millions chalking up its best weanling sale on the Gold Coast.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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