Originally Posted by county
Personally I think right now is an excellent time to get into the breeding business with the market as low as it is you can buy outstanding breeding stock very cheap. Its also a great time to up grade a breeding program, this fall I culled out 5 brood mares and sold at auction and replaced them with two coming three year old fillies that are better bred. 3 less mares to feed and care for and the two new ones should generate more in come then the 5 I got rid of.
My biggest rule of breeding is to make a profit theres lots of good rules to go by many listed here but for me no profit no business. But most people are not concerned about making money breeding a horse to them its a hobby and very few people care if they make money with a hobby. I think anyone breeding should start with what ever they can afford and breed to improve that. If that means you start with a poor looking $50 mare so be it everyone starts somewhere.
My biggest rule in breeding has always been " My wants and ideals never ever trump someone elses right to do something different then I do ".
I really debated posting a reply on this one.. I agree with you on 50% of what you have stated, which it is a buyers market. Excellent quality stock is lower priced due to the saturation in the market.
In that I will also have to include that I disagree with the other 50%. Which is what you start out with. I am not ever going to say that a low priced horse wont have the potential to turn out being something good. But if chancing things on a gamble in order to start producing, that's really a risky shot. Because the equine industry is so loaded right now, that anything under a recognized standard, wont stand a chance at a profit margin. You have to weigh everything into what you are taking on. Cost of breeding fee if there is one, health care for a mare in foal (checks, tests, ultra sounds, and so on), then the care at foaling and for the foal afterwards. There is also the cost of feed and general care that will go into it. These things add up, and to recoop them at selling time is going to be impossible unless you have something to prove why you are asking what you are for that horse.
Take time to pick the minds of some of the more serious horse ranches and sales out there. They will tell you that in order to succeed, you have to pay attention to the bottom line. What are you going to invest, and what are you going to get in return? The old addage of "You get what you pay for" is so true in this. Be ready to add some serious expense in either direction you go. Pay more now for something better, or pay more later to make something better. Either way, don't expect to come out too far ahead starting out. You may have to incurre loss from the start before you start making profit. Breed smart, and responsibly!