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US Jockey Club Projects Smallest Foal Crop Since 1977

Friday, 18th December 2009

The "impact of the recession & related downturn in the bloodstock market are strikingly reflected in the US Jockey Club's projection of the smallest registered North American foal crop in 32 years," reported thoroughbredtimes.com. The Jockey Club projected a 2010 registered foal crop of 30,000 (smallest since 30,036 were registered in 1977) & "also revised its original estimate of registered foals for 2009 from 35,400 to 34,000". The foal crop projection "is computed by using reports of mares bred received for the 2009 breeding season" (reports of mares bred are due to be filed by August 1 of each breeding season); the number of mares bred "has declined in each of the last 3 years: from 58,909 in 2006 to 56,608 in 2007 & 51,563 in 2008". US Jockey Club vice president of registration services Matt Iuliano noted: "After remaining stable for more than a decade, the number of mares bred has declined annually beginning in 2006 & the rate of that decline has accelerated in each of the last 2 breeding seasons. These declines will have an obvious impact on the business in the years ahead, most notably at the racetrack, where on average 70% of registered foals make at least 1 career start." The registered foal crop increased in 33 of 34 years between 1953-1986 (the year the North American crop peaked at 51,296 foals); the registered crop then declined each year from 1987-1995, before leveling off between 35,000 & 37,000 from 1996-1999. The effects of mare reproductive syndrome dropped the 2002 registered crop to 32,985 registered foals & preceded three years of increases before the latest string of declines. (Aug 17)

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