9th Apr 2009
Arrowfield Stud - Media Release - Friday, 9 April 2009
As an industry leader, Arrowfield considers it important to contribute to the sustainability of the Australian breeding industry. Accordingly, for the 2009 season, the fees of Arrowfield’s three champion sires, Redoute's Choice, Flying Spur and Hussonet, will be reduced by between 40% and 50%.
The fees of stallions in the Arrowfield roster have been adjusted as follows:
Stallion | 2009 service fee | Change from 2008 |
---|---|---|
Charge Forward | $27,500 (inc GST) | up 11% |
Danzero | $22,000 (inc GST) | down 20% |
Flying Spur | $82,500 (inc GST) | down 40% |
Hussonet (USA) | $71,500 (inc GST) | down 48% |
Not A Single Doubt | $13,750 (inc GST) | unchanged |
Redoute’s Choice | $198,000 (inc GST) | down 40% |
Snitzel | $22,000 (inc GST) | down 33% |
Starcraft (NZ) | $22,000 (inc GST) | down 33% |
“We have elected to fully recognise the current market situation, occasioned by the global financial crisis and to adjust our fees to levels which will ensure breeders can achieve profitable outcomes by using Arrowfield’s first class stallion line-up,” said John Messara. “While the Easter yearling average was down about a third on the 2008 figure, it should be remembered that the service fees at the time of conception of these yearlings made a lot of the Easter trade quite profitable. The other factor that breeders should consider is that the 2009 conceptions will not be sold until the 2012 yearling sales, by which time it is hoped the economy will have recovered,” Messara added.
Redoute’s Choice is currently the Leading Sire in the country both on the Sires List by Earnings, Stakes Winners, Stakes Wins and Average Earnings Index. He is also the leading sire in the sales ring where he topped the Sires Averages and had 10 of the top 15 prices achieved at the Inglis Easter Sale and 7 of the top 15 prices at the Magic Millions Premier Yearling Sale.
Flying Spur and Hussonet continue to perform brilliantly.
Charge Forward is the Leading First Season Sire by Earnings, whilst Not A Single Doubt is the Leading First Season Sire by Winners.
The first yearlings of Starcraft and Snitzel were offered at public auction this year and sold exceptionally well with Starcraft topping the Freshman Sires Average for five or more sold at both the Inglis Easter Sale and the Magic Millions Sale.
Danzero is having another solid year and for the fifth season running will finish in the Sires List top 20, currently placed 13th.
The Arrowfield roster of stallions provides breeders with an array of proven progenitors, both from within and outside the Northern Dancer dynasty, as well as some highly prospective young stallions.
For further information contact John Messara 0419 220 774 or jmm@arrowfield.com.au
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