Recent News for Business Management

Article

Keeneland September Sale Ends With Second-Highest Gross and Median Ever

September 26, 2007

When the Keeneland September yearling auction ended Sept. 25 in Lexington after 15 grueling sessions, consignor Tommy Eastham of Legacy Bloodstock was eager for more.

"I'm not ready to go home," he said. "As long as the horses are selling good... Read More

Article

Keeneland Buyers, Consignors Impressed With September Sale Market

September 24, 2007

As the Keeneland September yearling sale approached the end of its long run in Lexington, the comments from consignors and buyers were nearly all positive. Here's what they had to say:

Jody Huckabay, Elm Tree Farm: "If you bring a nice horse... Read More

Article

Finding the Right Horse

September 14, 2007

No matter how long you've been riding, the age and the level of training of the horse you're thinking of buying are key considerations. While a young, green horse may be perfect for a skilled equestrian, the same horse might prove too challenging for... Read More

Article

$3.7 Million Colt Tops Keeneland Select Yearling Sale

September 12, 2007

A striking son of Unbridled's Song brought a final bid of $3.7 million from Coolmore and associates to establish a new high price for the second session and first two days of the Keeneland September sale.

Read More

Article

Keeneland November Sale Will Have Record Numbers

September 09, 2007

While getting ready for the massive September yearling sale that starts Sept. 10 in Lexington, Keeneland officials also were working hard to put the finishing touches on the November breeding stock auction catalog. And it will be a big... Read More

Article

Preparing to Buy a Horse

August 14, 2007

The decision to buy a horse is a big one, and like all major decisions, it should be made with a great deal of thought, consideration, and planning. Because owning a horse will change your life in ways you might never have imagined, you should approa... Read More

Article

Private Sales of Horses

July 12, 2007

When the object of the contract is the sale of a horse, everything is open for negotiation--the identity of the horse, the purchase price, the terms of the sale, warranties, time and method of delivery, and the passing of the risk of loss.... Read More

Article

Horse Sales Transparency at Heart of New Florida Law

July 06, 2007

A bill that empowers Florida's state government to set rules regarding transparency issues in the sale of horses was recently signed into law by Gov. Charlie Crist.

The law gives the Florida Department of Agriculture and Consumer Services... Read More

Article

Understanding the Prepurchase Exam

June 26, 2007

The search is over: You've finally found the horse of your dreams. But before you sign the sales contract and load him onto the first trailer headed home, protect yourself with a prepurchase exam. Granted, there's no magic crystal ball there to... Read More

Article

Revived Sales Integrity Task Force Holds Organizational Meeting

May 08, 2007

Meeting for the first time since its announced resurrection almost three months ago, the revived Sales Integrity Task Force left its May 7 gathering at Keeneland with proclaimed vows of providing quick and satisfying results.

Re-formed i... Read More

Article

Thoroughbred Owner Files Suit Over Heel Nerving Disclosure

April 06, 2007

Trainer Richard Mandella and owner B. Wayne Hughes have been named as defendants in a lawsuit brought by a Thoroughbred owner in Arizona for allegedly failing to disclose that a surgical procedure had been performed on a horse claimed from Hughe... Read More

Article

Paperwork for When You're Not There

March 01, 2007

Horse paperwork--it's not what you're thinking. This is not about your horse standing in front of a schematic drawing making a checklist of plans on how to break into the grain room in the middle of the night. This is about those issues that requir... Read More

Article

Officials Meet on Proposed Kentucky Horse Sale Legislation

February 14, 2007

Negotiations over proposed Kentucky legislation that would require disclosure of ownership and veterinary records of horses sold at public auction were held Feb. 13 at Keeneland in Lexington, with some tentative settlement plans discussed that... Read More

Article

Proposed Kentucky Horse Sales Legislation Tabled

February 14, 2007

Proposed Kentucky legislation that sparked controversy in the Thoroughbred auction community was tabled Feb. 14 after a compromise was reached between the bill’s backers and several entities related to the commonwealth’s signature... Read More

Article

Insured Geldings, Mares At Greater Risk of Death Than Stallions

November 09, 2006

Swedish researchers examining the five-year survival rates of insured Warmbloods found that geldings and mares have a greater mortality risk than stallions. They also found that horses with a history of "costly veterinary events" were at a... Read More

Article

Preparing for the Worst

November 01, 2006

Horses are delicate creatures. Despite their size and strength, they can be afflicted by a host of ailments. Their use in equestrian sports, their curious nature, and their boisterous social interactions can easily put them in injury-causing... Read More

Article

KEEP to Focus on Tax Relief for the Horse Industry

October 05, 2006

Tax relief for the horse industry, not racetrack gaming, will be the focus of the Kentucky Equine Education Project (KEEP) during the 2007 General Assembly session, according to the chairman of the organization.

KEEP this year authored... Read More

Article

Owners of Horses Lost in Michigan Arson Learn Insurance was Inadequate

October 03, 2006

Owners of some of the 18 horses killed in a St. Clair County barn fire are finding out that they did not have enough insurance to replace all of what they lost.

Farm owner Beverly McCollum owned nine of the horses killed in the Sept. 9 fire... Read More

Article

Measuring Future Performance

August 23, 2006

Buying a racehorse can be a gamble against time, soundness, and better competition, but never more so than when buying yearlings.

But researchers at Virginia Polytechnic Institute and State University have found a correlation that might hel... Read More

Article

Surgeries and Steroids

August 22, 2006

A survey of buyers of Thoroughbred weanlings, yearlings, and 2-year-olds discovered that surgeries to correct conformation defects have a significant influence on whether or not someone will buy a horse at public auction.

In fact, 28.4%... Read More

Article

Buyers Surveyed on Disclosure of Surgeries

July 01, 2006

Thousands of Thoroughbred buyers were sent surveys asking what they think about the mandatory disclosure of surgeries that cause permanent changes in the conformation of sale horses.

Distribution of the questionnaires began in mid-April. The... Read More

Article

Buyers to be Surveyed on Mandatory Disclosure of Surgeries

April 25, 2006

Thousands of Thoroughbred buyers soon will be receiving surveys asking what they think about the mandatory disclosure of surgeries that cause permanent changes in the conformation of sale horses.

Distribution of the questionnaires was... Read More

Article

Purchase Exam at Auction (AAEP 2005)

February 17, 2006

While consignors used to hate these exams, they are now very welcoming of it because it's opportunity for them to assess action on the horse (how many people are seriously looking at the horse).... Read More

Article

Pre-Purchase Exams (AAEP 2005)

February 17, 2006

"A pre-purchase exam is only one factor to help you decide if you are going to purchase an animal," said Craig Roberts, DVM, an Ocala, Fla., practitioner. purchase exams are designed to discover a horse's unique concerns and discuss the management... Read More

Article

Book Excerpt: Keeping Records on Your Horse

December 28, 2005

Learn how to record keeping aids in preventive medicine for horses.... Read More