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Howard Calls For 40-50% Cut To Aust Sire Fees

Friday, 18th December 2009

Randwick Bloodstock principal Brett Howard yesterday challenged Australia's commercial studs: "Congratulations to those stallion masters that have done well financially over the past few years. To some extent, the ball is now in your court in terms of how profitable you'd like your clientele to be over the next several years. I think reductions in stallion service fees of around 40% to 50% across the board would be a major economic stimulus for many of your clients. If you're too (dare I say it) greedy, I fear many mare owners will just put their hands up in the air & say I'm out of here." Howard noted: "Nearly every breeder I've spoken to in the past month has asked me the same question: What are the studs going to do with their 2009 fees? The 1st stallion master that is prepared to advertise their fees at significantly reduced rates will be widely applauded by all & sundry." (Feb 24)

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