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European Breeding Stats Show Reduced Breeder Participation
In Europe, where the impact of the recession has been more obvious than in Australia, breeders have reduced their participation back markedly, according to racingpost.com. At the Thoroughbred Breeders' Association business seminar at Tattersalls in Newmarket, Weatherbys Thoroughbred director Paul Greeves released figures which illustrated that during the first five months of 2009 "new mare registrations with Weatherbys declined 25% in Britain and were 31% lower in Ireland, while changes of ownership of mares fell by 30% and 49% in the two countries, respectively." Meanwhile, the report also highlighted that for the same period "exports from Britain were down by 20%, and from Ireland by 43%, while imports dropped by 16% and 57%, respectively." Greeves suggested the numbers are "the most significant in my 30 years' experience," and declared "the foal crop in Britain could fall from 5,920 last year to 5,650 in 2009, and to 5,200 in 2011." Ireland is expected to follow a similar pattern.